Tag Archives: trump

6 Apr: A volatile ride but FOMC minutes send dollar/stocks lower. Trump-Xi meeting ahead today.

  It has been a fairly quiet session for the most-part on Thursday, at least until the release of the FOMC Minutes, which confirmed that the Fed is considering letting the balance sheet start to run off, without explaining how it will do it. The reaction was mixed, with stocks showing the most interest by spiking higher before… Read More »

17 Mar: Markets choppy as traders disseminate the Fed move. Trump/Merkel meeting today

  Following on from the post-Fed interest rate hike of the previous session, markets have been rather more steady on Thursday, mostly confined to a relatively narrow range as traders attempt to determine the next direction. In terms of data, today’s results seems to back up the theory that the US economy remains resilient, with the homebuilding figures… Read More »

28 Feb: Markets mixed, waiting on Trumps address to Congress, tomorrow.

   There has been plenty going on today, with the dollar again seeing mixed results as traders remain cautious ahead of the highly anticipated address to Congress by US president Donald Trump, due tomorrow. In terms of data, the US Durable Goods Orders grew 1.8% in January, below expectations of 1.9% while Ex-transport orders dropped -0.2% versus expectation… Read More »

30 Jan: Mixed markets on Friday. BOJ, FOMC and BOE this week. US Jobs report/NFP this coming Friday.

   Markets were mixed on Friday in a fairly nondescript session following the softer than expected US data. The dollar was unable to continue its recovery after the Q4 US GDP grew by 1.9% annualised, below expectation of 2.2% although the GDP price index rose 2.1%, meeting consensus. The durable goods orders fell by -0.4% in December, much… Read More »