The US$ index rebounded from a two-year low as markets consolidated ahead of the FOMC two-day meeting. The FOMC meeting gets underway today, where the central bank is widely expected to leave monetary policy unchanged when it makes its announcement on Wednesday. Ahead of the FOMC, Asian & Europe...

Surging coronavirus cases, fresh quarantine restrictions and Sino/US tensions continue to dominate market headlines. With virus cases approach 16 ½ million globally (1-million new cases 4-days) and 2nd wave fears prompting the UK to announce new quarantine rules for travelers returning from Spain....

Geopolitical concerns and the ongoing surge in new Covid-19 cases is causing risk sentiment to wane. In China’s anticipated response to the closure of its Houston consulate, it ordered the closing of the US consulate in Chengdu. The escalating Sino/US tensions saw equity markets weaken, safe haven...

Investors ignore Sino/US tensions and the accelerating covid-19 cases in the US, but instead focus on the EU and US stimulus packages. China is expected to retaliate against the Houston consulate closing, which is the latest in a slew of escalating clashes between the US and China. US coronavirus ca...

Markets end the trading day mixed with investors conflicted between escalating Sino/US tensions and rising Covid-19 cases versus expected EU and US stimulus.  The US gives China 72 hours to close its consulate in Houston. Markets now await the Chinese response as they have assured “firm count...

The US Orders the Chinese consulate in Houston to close and China is expected to retaliate with a similar action. In the US President’s speech yesterday he highlighted that covid-19 cases will worsen before improving as US covid cases surpass 4mio and related US deaths approach 145k. The US corona...

Global markets extended their gains on vaccine hopes and stimulus news from the US and EU. A positive immune response from the Oxford university vaccine and other vaccine projects are also underway providing confidence to investors. The EU have reached an agreement on the Eur 750 bln coronavirus rec...

Stimulus & Vaccine hopes are balancing out investor concerns over rising coronavirus cases. The EU appears closer to a compromised recovery fund and the US is expected to introduce a new stimulus package this week. The Lancet medical journal is anticipated to publish positive results from AstraZ...

Markets remain mixed, wanting to rally on economic recover signs, but concerned with the rising covid cases globally and specifically within the US. The US$ index is down ½% since Monday, oil is slightly up since Monday and DJI is up 2% for the week. Lingering high US jobless claims and another rec...