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Markets A quiet weekend, uninspiring overnight Asian dealings, an all but empty economic calendar & US financial markets closed for Presidents’ Day. Those are the poor cards European market were dealt with at the start of the week. It doesn’t come as a surprise, then, to see German yields, the euro and European equities basically […]

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EURJPY on the Rise Above 162.00, But for How Long?

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08/01/2024

AUD/USD: Bears Regaining Traction after Friday’s Pause

AUDUSD returned to red and fell below 0.6700 mark (reinforced by daily Kijun-sen), signaling that bears are regaining control after Friday’s long-legged Doji pointed to strong indecision. Risk sensitive Australian dollar came under increased pressure on fresh drop of China stocks) though more work at the downside will be required to signal continuation of a […]
22/01/2024

New Year, Old Habits for the BoC?

BoC meets on Wednesday; decision to be announced at 14.45 GMT Market wants a dovish show, but BoC might not be ready for such a shift Loonie could find its footing again against the US dollar Bank of Canada meets on Wednesday The week will be dominated by central bank meetings with the first BoC […]
13/09/2024

Cliff Notes: Nerves Show on the Outlook

Key insights from the week that was. The September Westpac-MI Consumer Sentiment survey once again emphasised the deep pessimism entrenched among Australian households, with the headline index ticking down –0.5% to 84.6. Concerns over the economic outlook are starting to have more of an impact on consumers’ attitudes, the sub-indexes tracking views on the economy […]