All posts in " Market Talk "
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Market Talk- October 18th, 2017

By admin / October 18, 2017

Even though we saw yet another strong day for US markets, for Asia it was more steady as she goes rather than running away with itself. With the Chinese Party conference just underway, many will be looking for headlines to set the next stage of the markets. Currency will set the agenda with stocks following […]

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Market Talk- October 17th, 2017

By admin / October 17, 2017

Having seen yet another US session, Asian markets traded firm and steady. We are on the eve of the Chinese Communist Party meeting which markets are eagerly awaiting any news and views. The Yuan continues to trade around years best levels (6.60) having spent the first six months of 2017 playing around 6.90 levels. The […]

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Market Talk- October 16th, 2017

By admin / October 16, 2017

The big event this week will be China which commences its 19th National Congress of the Communist Party on Wednesday. It is little surprise that the Shanghai stock market gave up early gains to close a fraction weaker. The initial rally was based on the expected strong CPI release (+1.6%), but was overshadowed by the […]

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Market Talk- October 13th, 2017

By admin / October 13, 2017

Today we saw Bitcoin (BTC) close and break through the 5000-dollar mark for the first time –BTC recovered fast from the recent downturn to 2800 level found mid-September, the issue I have is what is the long-term prospects with such a cryptocurrency. The questions we must ask is will Governments allow such a currency without […]

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Market Talk- October 12th, 2017

By admin / October 12, 2017

Mario Draghi, declared the intentions of the ECB were to keep rates low, well after the bond-buying program has ended. Draghi stated this was important to keep borrowing costs at bay and promote solid growth within the Eurozone. The EUR/USD rate, is still in the 1.18 region losing 20bps today. The big ECB rate decision […]

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Market Talk- October 11th, 2017

By admin / October 11, 2017

By reading the FED minutes, the officials outlined plans for a December rate hike as well a further 3 rate hikes next year. This was not a real surprise; the Fed funds estimate of 77% for a 25bp hike prior to minutes being released. The FOMC officials outlined they had deep concerns over the low […]

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Market Talk- October 10th, 2017

By admin / October 11, 2017

News today of the Catalan leader Carles Puigdemont putting a delay on this declaration of independence to try and have an amicable solution with the Spanish Government in Madrid. Pushed the EUR/USD rates up 0.54% to 1.18 on the day. Few other announcements around the world, the Swiss unemployment rates dropped from 3.2% to 3.1% […]

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Market Talk- October 9th, 2017

By admin / October 9, 2017

Generally a very quiet day in the markets, no real game changing events shocked the major markets today. German industrial production was announced with 2.6% MOM gain as opposed to a 0.7% forecast. ECB’s Lautenschlaeger did have a speech and hinted at scaling back asset repurchasing next year with the view to scrap the program […]

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Market Talk- October 6th, 2017

By admin / October 6, 2017

The end of a holiday week for markets in Asia. We have to wait until Monday to see mainland China, South Korea and Hong Kong’s reaction to the US NFP’s release and also the reaction to the turn of the US Dollar Index. Markets that were opened were seeing futures initial response trading firmer as […]

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Market Talk- October 5th, 2017

By admin / October 5, 2017

Key Shanghai Exchange and South Korean markets remain closed and was joined today by the Hang Seng market too. most of the focus centred upon Australia and the ASX and currency. Weaker than expected Sales data hit confidence and pushed the A$ through the recent 0.78 level to fall 1% on the day. With the […]

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