US$ remains firm vs major currencies. Oil prices fell slightly and CNY hit its lowest level since the financial crisis as markets await Fed Chairs speech today. Fed Chair Powell will address the Jackson Hole symposium of central banks at 2pm EST. The speech will be watched closely for indications if...

Focus remains squarely on Jackson Hole and the Fed Chair speech on Friday, with investors looking for clarity on the Feds rate stance. Currency markets relatively remained range bound, the US$ has eased slightly heading into Fridays Fed speech. On going US/China trade concerns was reflected in the C...

Markets have calmed as investors await the FOMC minutes tonight, as well as the Fed Chairs Speech from Jackson Hole Friday & the G7 meeting at the weekend. US$ was supported by news that the US administration is considering tax cuts on wages and that Japan/US trade deal is making progress. Intra...

The US dollar remains strong across the board on expectations of fresh stimulus measures to help curtail a major global economic downturn. Investors also appear to be somewhat positive about the upcoming Sino/US trade talks, which is adding to rising global risk appetite. No key data out today, but ...

Market calm appears to be returning with comments of fresh stimulus measures, offsetting global recession fears. US$ index remains firm, Eur and C$ both rebounding from recent lows and safe-haven currencies selling off. Mixed signals from US as economic advisor highlighting China/US in 10 days and t...

Recession concerns remain, but risk sentiment eased as investors focused on US presidents comments about “productive” trade talks with China and a likely meeting in September. China also hinted plans to spur economic growth and boost disposable income by 2020. Investors responded to the ...

Recession risk remains the markets primary focus after the US bond yield curve inverted on Wednesday for the first time since 2007. US/China trade tensions is growing as China threatens countermeasures to tariffs. The US made comments about Hong Kong’s “special status” and to tie...

Washington signaled a de-escalation of trade tensions by delaying new tariffs set to come in effect in September commenting “we are doing this for the Christmas season”. Washington also announced that Trade talks are set to resume in two weeks. Chinese July industrial output rose at the slowest ...

Safe-haven currencies continue to rally on global growth concerns linked to the ongoing Sino/US trade dispute. In Asia, Singapore revised lower its growth forecast for 2019, Chinese RMB hit fresh decade lows vs US$ and officials stated the currency was at “appropriate levels”. In Argenti...