Market news

12:35 PM

UK economy perks up but warning signs remain

The pace of economic growth in the UK for the three months to September came in at the fastest rate in nearly two years, but the gloss was taken off this...

10:42 AM

Trade of the day: Corn

Summary: Corn prices dropped significantly on a downbeat data stream Potential for recovery towards the latest peak Decline halted...

10:06 AM

DE30: European equities underperform at the end of the week

Summary: Equity funding in Europe declined significantly in 2018 DAX (DE30 on xStation5) hovers a notch above 10500 pts handle Major...

8:49 AM

Economic calendar: Range of data from the United States

Summary: Q3 GDP report revisions from the UK and the US Swedish retail sales seen advancing after last month’s drop US PCE...

7:58 AM

Stocks extend losses amid tepid FX trading

Summary: Asian equity markets extend their losses following hefty falls on Wall Street Japanese core inflation misses estimates in November...

5:48 PM

US stocks remain under pressure while Oil drops further

Summary: US stocks remain under pressure as Philly Fed falls to 2-year low Oil makes new lows despite Saudi output cut talk SEK...

3:15 PM

US stocks remain under pressure as Philly Fed falls drops to 2-year low

Summary: Stocks remain lower after Wednesday’s sharp reversal; US500 < 2530 The drop was the worst on Fed-day since 1994 Philly...

2:31 PM

USD weakness deepens post FOMC decision

The US dollar is extending its losses following a rate hike delivered by the Federal Reserve on Wednesday. Even as the initial move was USD positive, this...

1:23 PM

Bank of England stays on hold, GBP little changed

Summary: Rates unchanged as broadly expected, no votes for a hike Brexit uncertainty has risen, the current stance of rates appropriate...

12:10 PM

SEK surges as Riksbank delivers (dovish) rate hike

Summary: Riksbank hikes interest rates for the first time since 2011 The bank sees more rate increases in the next year but CPI and GDP...

11:19 AM

UK retail sales jump ahead of BoE decision; Stocks fall on the Fed

Summary: UK retail sales M/M: +1.4% vs +0.3% exp FTSE drops to lowest level in over 2 years Stocks react angrily to Fed decision;...

10:50 AM

DE30: Fed roils European stock markets

Summary: European stock markets open largely lower following the rate hike delivered by the Fed Fed/ECB reference rate differential closes...

10:42 AM

Trade of the day – AUDNZD

Summary: Mix of data indicates for further rebound of the pair Weaker dollar should support industrial metals such as copper and iron ore Technical...

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8:47 AM

Economic calendar: Central banks to dominate the day

Summary: Riksbank expected to stay on hold but the likelihood points to some uncertainty over the decision Bank of England won’t...

8:04 AM

Equities decline on Federal Reserve rate hike

Summary: Fed raises rates but cuts a number of hikes for the next year New Zealand’s GDP disappoints and sends the kiwi much lower Australian...

8:08 PM

Fed increases interest rates and is hawkish!

Fed raises interest rates as expected. It sees two hikes instead of three next year. Some further increases should be warranted. The Federal Reserve is...

5:38 PM

Markets position themselves ahead of key Fed decision

Summary: US stocks rise ahead of this evening’s Fed rate decision (7PM) Oil remains higher despite smaller than forecast inventory...

5:05 PM

Oil near daily highs despite smaller than expected inventory draw

Summary: Weekly EIA inventories: -0.5M vs -2.7M exp Highest reading in 3 weeks but below last night’s API (+2.5M) Oil and...

3:40 PM

Commodity Wrap - Oil, Gold, Sugar, Wheat

In this week’s commodity wrap we present you 4 markets that look interesting or/and have posted some major price moves: Oil, Gold, Sugar, Wheat. Oil: Russian...

3:13 PM

Major banks offer their views ahead of the FOMC decision

Today, we have an outcome of the all-important FOMC’s December meeting, which is keenly awaited by the markets. As we head towards the decision timings,...