MARKET INSIGHTS

Daily Commentary | USD spikes higher on optimistic tax-reform headlines | 20/10/2017

• The greenback edged higher during the Asian morning Friday, after the US Senate approved a budget blueprint for 2018, via a 51-49 vote. This is seen as a first step towards the Trump...

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Week Ahead | October 16th – 20th | UK inflation and wage prints, other key data in focus | 13/10/2017

• In the UK, inflation and wage growth data could play a major role in shaping market expectations regarding whether the BoE will hike rates at its upcoming meeting in November.

• In New...

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Daily Commentary | FOMC minutes to shed some light on Fed thinking | 11/10/2017

• Today, the main event will be the release of the minutes from the FOMC’s September policy gathering, where the Committee kept interest rates unchanged and announced it will begin to reduce the...

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Daily Commentary | Sterling recovers, but for how long?  | 10/10/2017

• The British pound opened with a positive gap yesterday, and continued higher for most of the day, recovering some of the losses it posted last week. The move came as the Office for National...

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Daily Commentary | USD can’t hold onto gains after US employment data | 09/10/2017

• Nonfarm payrolls came -33k in September, from an upwardly revised 169k in August, data showed on Friday. Even though the NFP number appears extremely low, the weakness was attributed mainly to...

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Week Ahead | October 9th – 13th | FOMC September meeting minutes, key data in focus | 06/10/2017

• In the US, the minutes of the latest FOMC gathering may shed some light as to whether the Committee as a whole is indeed as optimistic as the “dot plot” would lead us to believe.

• In...

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Daily Commentary | To what extent did the hurricanes impact the US labor market?  | 06/10/2017

• In the US, all eyes will be on the all-important US employment report for September. The forecast is for nonfarm payrolls to have risen by 90k, less than the 156k in August. Even though this...

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Daily Commentary | Dollar gets a small boost from massive PMI beat | 05/10/2017

• The US dollar managed to regain some ground yesterday, following a stellar ISM non-manufacturing PMI for September, and a decent ADP employment report. The ISM print rose to 59.8 from 55.3...

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Daily Commentary | USD recovery stalls amid Fed-Chair speculation | 04/10/2017

• The US dollar pulled back somewhat yesterday alongside US treasury yields, while all major US equity indices closed at fresh record highs. Although the fundamental reason is not clear, market...

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Daily Commentary | RBA remains on hold, reiterates AUD concerns | 03/10/2017

• The RBA kept its policy unchanged today, as was widely anticipated. The statement accompanying the decision was relatively optimistic on the economy, acknowledging the strong GDP growth in Q2...

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