Global equity, oil and currencies markets weaken amid fresh virus fears, and despite a US fiscal stimulus agreement. The US$ index rebounded almost 1% as markets revert to safe haven US$ buying as UK boarders close after the announcement of a new strain of the covid virus. On a positive note, the US...

The US$ consolidates on the last Friday of trading in 2020. US bounces off its lows as hopes of a US stimulus announcement today fades with US lawmakers expected to continue discussions into the weekend. Alongside the US stimulus lawmakers are focused on avoiding a government shutdown, markets remai...

The US$ remains under pressure as risk-on sentiment continues as US stimulus optimism grows. The Fed chair says the case for more pandemic aid is very strong, McConnell made the case Wednesday to Rep’s for a stimulus deal and Biden calls it a down-payment ahead of more spending in 2021. Top Reps a...

The US$ remains under pressure as risk on sentiment continues from US stimulus hopes and vaccine rollouts. US Congressional leaders reported substantial progress on Tuesday after several meetings between top Dems & Reps to end the current impasse on covid relief stimulus and finalize a funding b...

The US$ edges lower amid mixed market sentiment as US stimulus talks continue and global virus lockdowns increase. The US stimulus talks continue to muddle along, as a bipartisan group of lawmakers unveiled a US$748bln stimulus compromise by separating out the more contentious sticking points. With ...

The US$ drops as risk-on mood returns on US vaccine rollouts and US stimulus optimism. The US launches its first shipments of vaccines for distribution this week, as US virus cases surpass 16.25mio and NY announces new virus restrictions. US stimulus hopes continue as lawmakers are expected to unvei...

Safe haven US$ buying returns as US stimulus talks stall. US stimulus talks remains at an impasse as the Senate Majority Leader remains reluctant to agree to the bipartisan stimulus plan. A failure to secure a US stimulus agreement by next week would likely mean US stimulus relief wouldn’t happen ...

Equity & oil markets stronger, currency markets stable as markets await the ECB Presidents comments and US Jobless claims. Markets hold for the ECB leaves rates unchanged and adds EU 500b to the pandemic program and extends it by 9 months. the US jobless claims. In the US the US pandemic stimulu...

Upbeat Chinese data, US Stimulus optimism and vaccine approval hopes helps the currency markets to snap a 3-day losing streak. Democrats dismiss McConnell’s stimulus relief plan, prompting Mnuchin to offer a 916bln stimulus plan in an effort to break the months-long standoff. Markets remain positi...

Equity, currency & oil markets edge lower, while the US$ holds steady as safe haven buying returns. The clock is ticking for the proposed US$908bln bipartisan pandemic stimulus bill, negotiations continues and a signed bill could be 7-10 days away.  Globally the sharp rise in coronavirus cases ...