The US$ holds steady as risk-off sentiment continues as tensions remain high ahead of the US President-elect Bidens inauguration on Wednesday. The US markets are closed today for Martin Luther King day. Goldman boosts US economic outlook projections from 6.4% to 6.6% and expect the unemployment rate...

Equity and oil prices ease and US$ strengthens as risk-off sentiment returns. President Elect Biden rolled out his US$1.9 trillion stimulus plan which will have its challenges as it will require bipartisan support to pass. The Fed reserve chair said that “now is not the time” to be talking about...

A full day of news with Impeachment, US stimulus, Fed speech’s and US jobless claims data. The US$ & Oil prices stall while Treasury yields, and equity markets strengthen on the prospect of US$ 2tln in covid-relief stimulus. According to reports President Elect Biden is set to announce his...

US$ edges higher on safe haven buying, equity markets dip, while oil prices extend gains. US yields ease after the US Treasury auction was met with solid demand on Tuesday and two Fed officials pushed back on the possibility of tapering bond purchases anytime soon. Hanging over the markets is the pr...

US yields advance, US$ stabilizes, oil prices near 1-year highs and equity markets edge higher. US Treasury yields continue to rise as the Fed considers tapering its bond buying activity which has resulted in a return to US$ buying. In Washington the political drama continues with VP Pence unlikely ...

Risk-off sentiment returns as US Treasury yields rise, the US$ strengthens and Dems threaten impeachment. The US$ extends its gains on rising US Treasury yields as the bond sell off extends and the Federal Reserve appears to be tolerating the increase in long-term rates. US politics’ remains centr...

Optimistic vaccine news and anticipation of more US stimulus helps sustain risk-on sentiment. Pfizer announced today that its vaccine works against both the British and South African virus variants. Rising bond yields is helping the US$ bounce off its multi-year lows, but the US$ momentum is slowing...

Despite the shocking scenes of the US Capital building being overrun yesterday, investor reaction was muted, and markets remained stable. The US President concedes, Congress certified President-Elect Biden’s victory and the Dem’s won both the Georgia US Senate seats. Democrats now have control o...

Risk-on sentiment drives US$ lower as Dems are expected to win both seats in Georgia. The US$ hits its lowest level in almost 3-years as markets anticipate that Dems will win both runoff seats in Georgia, fueling risk on sentiment. In DC the US President Trump will address protesters at the same tim...

US politics continue to cause market jitters amid the Georgia elections and the Congress certification of the Biden presidency on Wednesday. The US Senate run-off election in Georgia is critical for Dems, if they lose it will be the first time since 1989 that a President starts their term under a di...