The US$ dips, oil prices are flat, equity markets are mixed and US yields inch higher ahead of US Nonfarm Payrolls data today. NFP expectations range widely from 700k all the way out to 2mio, with most economists are expecting 1 million new jobs were added in April. Thursday, Fed Brainard warns of h...

Oil prices are steady while the US$, US yields and equity markets are weaker as markets await the US Initial Jobless claims. Initial jobless claims at 8.30am est with markets expecting 540k vs 553k previous week and the results will set the tone for Fridays NFP data. The Fed will release its financi...

Oil prices higher, equity markets are mixed, US$ is flat, while US yields edge higher sparked by the Treasury Secretary’s mixed comments. Treasury Secretary Yellen statement that “interest rates will have to rise somewhat to make sure our economy doesn’t overheat”, appeared to have hit a ner...

The US$ rallies, oil prices extend gains, equity markets are mixed and US yields strengthen as safe-haven buying returns. Fed Chair Powell comments yesterday described the US recovery as “patchy” and stressed that unemployment in the lower wage bracket is still elevated. The US$ is expected to e...

Equity markets are mixed, oil prices and the US$ dip, while US yields holds steady as markets focus on US Manufacturing PMI data today. Markets are expecting a positive PMI number, which could set a positive tone for Fridays US NFP. The US$ remains under pressure suffering its fourth week of losses,...

US$ is higher, oil prices dip, equity markets are mixed and US yields edge higher as the US$ looks set for its 4th straight week of declines. The US$ has suffered from the Fed’s dovish tone and rejecting tapering down its bond-buying scheme. Thursday’s US GDP results points to robust growth...

Oil prices trade higher, equity markets are positive, US$ & US yields inches higher as markets focus on the US GDP & US Jobs data for direction today. The US$ hit fresh 9-week low after the Fed Chair reiterated that interest rates will remain “lower for longer” and that tapering monetary...

US$ & US yields inch higher, oil prices are flat, and equity markets are positive ahead of the Fed meeting today. The Fed is not expected to make any policy changes this week, but the Fed Chair is expected to acknowledge the strengthening US economy. Many economists believe that this will be the...

Equity markets are down, US$, oil prices and US yields are all inching higher as markets await the FOMC. Analysts expects the Fed to keep its status quo on Wednesday, believing that withdrawing monetary support for the US economy is premature. Keeping rates “lower for longer” will keep pressure ...

The US$ dips, oil prices fall, US yields are higher, while equity markets are mixed as risk on mood returns. The US$ holds near 8-week lows, down 2.7% MTD as the US$ remains under pressure after the Feds “lower for longer” view on interest rates. The US$ remains on the backfoot as markets focus ...