The macro data and event calendar is very light this week with the fluid evolution of covid-19 cases and deaths across the world likely to remain centre-stage. However, today’s US…
Price action in major currencies was modest last week but reflected greater global risk appetite. The long-standing inverse correlation between the Dollar and equities was re-established, with global equities gaining…
Today’s trading session has seen modest price action in major currencies and equity indices, although the Dollar is broadly weaker following mixed US macro data for June. Private sector employment…
The macro and event calendar is light today and on Friday (US holiday) but heavy in between. The US is due to release June data for consumer confidence, ISM manufacturing…
Whereas the week from 15th to 21st June had been a mixed bag for global risk appetite, with global equities up 2% but the Dollar also appreciating 0.8% in trade-weighted…
The Dollar, which had rallied yesterday in tandem with a 2.6% fall in the S&P 500, has been treading water against most major currencies in today’s session despite US equities…
The market mood has for the first time in weeks turned decidedly bearish with European and US equities currently down 3%. The catalyst is seemingly the rising number of covid-19…
The UK Composite PMI in June (according to preliminary data) rose to 47.6 from 30.0 in May. This was the biggest ever monthly bounce in this indicator of economic activity…
The data and events calendar is again heavy this week. The US is due to release manufacturing index data for June and retail sales and industrial output for May. The…
The mood in financial markets changed for the worst last week resulting in a stronger Dollar and a 4.3% correction in global equities. Concerns about a second-wave of covid-19 cases…
Sign up and receive daily market news direct to your inbox.
