US$ remains under pressure as vaccine and US transition optimism drives risk-on sentiment. AstraZeneca eyes extra global vaccine trials as questions mount over its current results, while the UK moves to get the vaccine approved before the EU. The US President said he will leave the White House if Pr...

US markets are closed for the thanksgiving holiday. The US$ remains weak, equity & oil markets are down, while currency markets retreat from monthly highs. The US$ remains under pressure after the FOMC Minutes hints to expect more QE and the US Jobless claims rose again. Surging covid cases acro...

The US$ consolidates, equity markets ease, while oil prices extend gains ahead of the US Thanksgiving holiday. Risk on appetite remains as the US Presidential-Election transitions smooths out and key cabinet members are named. Equity & currency markets drop slightly as markets take some profits....

Equity, oil and currency markets extends their gains on the Biden transition news and vaccine optimism. The US President authorized the General Services Administration to facilitate the transition to President-elect Biden. Janet Yellen former chair of the Fed is Biden’s pick to become the new Trea...

The US$ index falls to 2 ½ years lows as vaccine optimism dampens US$ safe haven demand. AstraZeneca-Oxford joins Pfizer and Moderna today when it announced its vaccine can be 70% to 90% effective. Equity, commodity and currencies extend their gains on the vaccine news. In the US virus hospitalizat...

Currency markets strengthen as vaccine filing news offsets the US political concerns. Pfizer announced its seeking FDA emergency authorization for its covid-vaccine and plans to file today with hopes to roll out the vaccine as soon as December. US election legal issues continue after a judge wont bl...

The reality of the current coronavirus conditions vs the vaccine hopes has caused markets to take stock. The US$ edges up from its 29-month lows vs a basket of major currencies, oil and equities are also down on the day. Global coronavirus cases surpass 56mio, while US confirm cases hit 11.5mio and ...

Risk-on sentiment continues with equity, currency and oil markets all edging higher on vaccine hopes. Pfizer announced its vaccine is 95% effective in final analysis of the big trial, Pfizer now plans to file for emergency-use authorization from the FDA. The Fed Chair comments yesterday maintained h...

Equity, oil and currency markets stall amid surging coronavirus cases and US political uncertainty. President Elect Biden calls for a stimulus deal in 2020 without compromise and avoids shutdown questions. In the US the coronavirus average 7 day of infections hits 150k and hospitalizations hit a new...

Vaccine news and robust Asian data see’s risk-on sentiment return to markets. Moderna reported its vaccine effectiveness is 94.5% from its phase 3 trials, joining Pfizer and BioNTech, and Britain’s AstraZeneca is also conducting a phase 3 trial. China’s industrial output exceeds expectatio...