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2012-03-01 01:00:34 Prospects of more QE hurts SterlingThe focus of the FX market moved away from the on-going Greece saga yesterday as fundamental economic data and central bank releases took centre stage. The biggest market mover was the announcement... |
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2012-02-29 20:00:16 Equity markets struggle to break outStock markets in the US teeter on the cusp of a break through key levels and today may well prove to be a turning point if they fail to break new ground. Both the broad based S&P Index and the Dow... |
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2012-02-29 15:00:14 Let the rally continueMarkets are enjoying life right now with global equities reaching post-financial crisis highs. Risk is being sucked up and the main benefactors are EUR-USD and GBP-USD, both at 3-month highs.... |
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2012-02-29 08:00:19 Markets take a breatherMarkets on Friday appeared to take a bit of a breather despite economic data being positive. However, over the week we had already seen some pretty aggressive moves. Focusing on data, the UK GDP... |
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2012-02-29 02:00:17 Yen strong again but no news from Spain – US home sales show no sign of strain.The Japanese Yen enjoyed a strong recovery against its peers yesterday. Investors bought the safe haven asset for the first time since the Japanese central bank intervened to weaken the currency in... |
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2012-02-10 12:01:03 Market awaits key news from Greece, ECB and BoEAll eyes were on Greece yesterday as negotiations continued in search of a resolution to the debt crisis. Greek politicians are working tirelessly to agree a raft of spending cuts that will... |
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2012-02-10 10:00:11 Risk appetite falters as Greece stares into the abyssThe markets buoyant mood was dampened overnight with the news that European finance ministers were holding back the €130bn bailout for Greece unless Greek lawmakers greenlight the newly... |
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2012-02-09 01:00:10 Greek optimism helps risk surge higherA proposal for Greece was drafted yesterday in an attempt to help secure the next bailout package. Markets reacted positively with US and European equities climbing from early lows. EUR-USD and... |
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2012-02-07 15:00:24 Greece continues to concern the marketMajor European and US indices closed slightly lower yesterday as concerns with Greece weighed on markets. In a piece of positive news, German factory orders were slightly better-than-expected.... |
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2012-02-07 00:00:19 Will EU finance meeting provide some clear direction?Over the weekend there have been conflicting reports over the progress that Greece and private bondholders have made. As a result of the uncertainty the Euro is lower this morning. This is not a... |
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2012-02-06 21:00:16 EU Finance ministers talks continue.Last week’s market performance illustrated how sentiment has improved during January. The key aspect to the risk trend is the more positive tone out of Euro area. On Friday and over the weekend... |
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2012-02-06 18:00:26 Some progress is made but will it be enough?In terms on market news it was fairly disappointing .The US personal income and spending numbers were mixed, while the EU treaty failed to deliver any real surprises. It was a general risk off day... |
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2012-02-06 13:00:16 Bullish end to the month….Bullish start to the yearInvestor optimism and increased risk appetite helped finish off a generally positive month. Fresh hopes for a deal on Greece’s debt restructuring, plus the potential of increased liquidity from... |
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2012-02-06 11:00:31 Markets focus remains on GreeceOn Friday Non Farm Payrolls set a positive tone for markets but concerns over the Greek debt negotiations have been reinforced. Non farm payrolls surged 243k for the month – well above... |
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2012-02-05 01:00:12 Strong Chinese Data manufactures risk sentimentPositive investor sentiment continued yesterday with the release of strong manufacturing PMI data from around the world. Chinese data was particularly positive which eased concerns over a slowdown... |
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2012-01-29 19:00:17 Single currency continues its volatilityDuring European trading yesterday the Euro pushed higher, breaching 1.30 against the USD for the first time in 3 weeks. This was on the back of an expected outcome from Greece’s negotiations with... |
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2012-01-29 14:00:11 Indecision spells uncertaintyYesterday saw another day of indecision by those in charge of solving Greece’s funding concerns. Private creditors seem to be asking for too much and as a result their proposals have been... |
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2012-01-29 00:00:16 FOMC surprise the marketsThe Dollar fell to its weakest level in more than a month against the Euro after the FOMC meeting. The general feeling was that the FOMC was a non-event but the focus would be on the press... |
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2012-01-28 16:00:18 Dovish Fed spells weak dollarThe USD weakened heavily yesterday after the US Federal Reserve announced that they would be keeping interest rates at historic lows until mid-2014. Traders sold the Dollar against the Euro, the... |
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2012-01-21 21:00:13 Euro rises as Greek tragedy maybe avertedEUR USD was the driver behind much of the market action yesterday as investment appetite for riskier assets grew following successful bond acutions from France and Spain and upbeat jobless claims... |
