Broadly speaking last week was “risk on”, with markets seemingly willing to look past, at least for now, the rapid spread of the coronavirus in China and other countries and…
The Dollar is capping a strong week, with the trade-weighted index up another 0.3% to a 2-month high. The S&P 500, which has closed higher every day this week (by…
The Dollar has inched higher against developed market currencies following the acquittal of US President Trump in his impeachment trial while Sterling has underperformed. There has also been little relief…
It has broadly been a “risk-on” session today, with Chinese equities closing up 1.3% (for a second consecutive day). The S&P 500 has risen 2.2% since last Friday and futures…
Sterling was stable today, with GBP/USD stuck around 1.30, after having fallen sharply yesterday following comments by Prime Minister Johnson hinting at troubles ahead for UK-EU trade negotiations. Johnson said…
US equities recovered yesterday, despite the number of cases and deaths related to the coronavirus having again risen significantly, with the S&P 500 up 1%. However, the Dollar has been…
The spread of the coronavirus has led to a sharp rise of reported cases and deaths in mainland China since yesterday and over a dozen other countries have now also…
It’s a big week for central bankers with both the US Federal Reserve and the Bank of England holding policy meetings. The US data calendar is also pretty heavy with…
Global risk appetite came off the boil last week, with the S&P 500 stalling, US government bond yields and the price of crude oil falling on global growth concerns and…
Growing concerns about an outbreak of the coronavirus in China that has so far killed 17 people have so far only had a very modest impact on financial markets outside…
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