Category Archives: Daily Outlook

20 July: US$ mixed ahead of BOJ/ECB Meetings. S+P at new highs. Australian jobs data coming up.

  Currency markets have been relatively stable on Wednesday while waiting on the upcoming central bank meetings, with the most notable movement being seen in the commodity bloc, which remains firm. Elsewhere is US $ is mixed; slightly firmer against the EU majors ahead of the ECB Meeting and slightly softer against the Yen, ahead of the BOJ.… Read More »

18 July: Markets rangebound despite solid China data. NZ/UK CPI, RBA Minutes, EU ZEW in focus, Tuesday.

  Markets remain generally range-bound at the end of Monday trade as they continue to digest the moves seen last Friday following the soft US inflation and retail sales data. Currencies are mixed, but not too far removed from the week’s opening levels, while stocks are pretty much unchanged, the metals are a little firmer and oil is… Read More »

13 July. Cautious Yellen sees US$ trade mixed, bond yields lower. DJI at a new high. China T/B coming up.

  US stocks have rallied, with the Dow hitting a new high, while the dollar is mixed and bond yields have tumbled on Wednesday after Janet Yellen dampened growing expectations of more than one interest rate hike later this year. In the first part of her testimony to Congress, she indicated that the US economy is strong enough… Read More »