Strong Chinese Imports, stalled vaccine testing and pessimistic IEA report sees mixed market responses. China’s September imports surged at 13.2% its fastest pace in 2020, and with exports growing at 9.9% YoY. The strong signals out of China boosted commodity markets. Johnson &Johnson halts te...

Stimulus optimism continues to drive currency and equity markets. In what appears to be a reversal, the White House have opened the door to fresh negotiations with the Dems. The House speaker and The Treasury Secretary hove reignited stimulus discussions, but Reps appear reluctant believing that the...

Equity & Oil markets firm, while currency markets consolidate as US stimulus hopes builds. Stimulus hopes continue to simmer after the US Presidents tweet saying Congress should pass money for airlines, small business and stimulus cheques for individuals. The Federal Reserve minutes wants more s...

Currency markets rebound after the US President’s surprised markets yesterday halting the US stimulus relief talks until after the US election. The US$ initially strengthened on safe haven buying after the US Presidents tweet, but the US$ steadied in the overnight markets. The US$ index eased ...

Risk-on sentiment remains after the US President returned to the White House and talks continue for the US fiscal stimulus package. The US House Speaker and US Secretary of State will speak again today, and optimism is growing as they towards a deal on stimulus legislation. The US$ has stabilized, e...

Risk-on mood returns with the prospect that the US President may be discharged from hospital. Equity, currency and oil markets strengthen on positive health updates of the US President. Positive tones are also being heard on the US stimulus front with Dem Pelosi saying progress is being made. Market...

The US President tests positive for COVID-19 causing oil, equity & currency markets to weaken on the news. Risk aversion emerged after the US Presidents announcement which saw safe haven JPY (+0.4%) and US$ both strengthened. Currency markets overall are relatively stable with CNY flat, Asian cu...

Currency and equity markets strengthen, US$ under pressure as risk sentiment improves for US stimulus relief. Investor focus remains squarely on the US Presidential election, the US economy and US stimulus updates. The next Presidential debate is Oct 15th, with commentators asking will the President...

Risk sentiment dampens, equity markets weaken, while currency markets are mixed after the Presidential debate. The first Presidential debate described by commentators as acrimonious, with no clear winner, it raised concerns of a contested election and increased investor risk-off sentiment. If the ne...

Currency markets are mixed, while equity markets ease as market focus shifts to the US fiscal stimulus updates and tonights US Presidential debate. Three Fed officials will be speaking today, and their message will likely focus on the need for US fiscal stimulus relief. Dem Pelosi & The Treasury...