Equity markets weaken, Oil prices dip while US$ yields retest highs helping the US$ to rebound from 1-week lows. The US$1.9T relief bill has been signed by the President, US yields rise to 1.6% and the US$ strengthens vs major currencies. In his first prime time address, US President Biden speech ye...

Equity markets are mixed, oil prices rise, US yields & US$ weaken ahead of President Biden speech and the US Initial Jobless Claims. President Biden will speak today marking 1-year since the WHO declared COVID-19 a pandemic and will announce the next phase of the US Covid response. The House pas...

Oil prices & US yields are steady, equity & commodity prices are mixed & the US$ is higher as markets await US data & US Stimulus updates. The US House is expected to pass the US$1.9T covid relief bill as soon as this morning, with the aim that President Biden will sign it before the...

Equity & oil prices rally, US yields stabilize & the US$ retraces as markets remain focused on the US stimulus bill. The OECD says that the US stimulus package will boost global recovery from Covid by 1% and raised its 2021 global GDP growth forecast to 5.6% from 4.2% previously. The OECD al...

Equity & commodity markets are mixed while oil, US Treasury yields and US$ strengthen. The US$ rebounds to 3 ½ month highs as the US Stimulus plan progresses, US Treasury yields test higher, and confidence grows on vaccination optimism. The Senate passes an amended US$1.9T covid stimulus relief...

Oil prices higher, equities are mixed, US Treasury yields hold and the US$ rallies ahead of the US NFP today. Fed Chair Powell’s expressed little concern about inflation and provided no indication of a policy change. The Chair said the recent rally in yields was “notable and caught my eye” but...

Equity, oil & commodity prices weaker, US yields stable and the US$ index strengthens. Markets prepare for a potentially volatile day with the Fed Chairs speech, OPEC+ meeting, US Stimulus updates and the US Initial Jobless claims data release. The main driver of the US$ strength has been the ri...

Equities and oil prices higher, US$ index flat, while US Treasury yields dip ahead of a flurry of US data releases & Fed speeches. Markets will monitor the three Fed speakers today ahead of the Fed Chair tomorrow after last week’s comments that said rising yields reflect economic optimism for ...

Equity markets mixed, oil prices dip, US$ and US yields higher as risk-off sentiment returns. The US$ index retests 1-month highs as markets focus on the Fed’s openness to higher US yields, while safe-haven buying increases on US stimulus, covid concerns and China’s “bubble” comment. Preside...

Equity, commodity, oil, US$ index & US yields are all higher as markets await US ISM Manufacturing PMI data and US Stimulus updates. The US of Representatives passed the US$1.9T covid relief package on the weekend. The stimulus package now moves to the Senate where Dems have a narrow margin and ...