Market News & Analysis

If you like the Pound, you may wish to trade it vs the NZD

Banks under pressure to axe dividends

Despite the flippant title, for many oil traders, and even more so oil producers, the situation in the oil market is fairly serious.

Chinese official manufacturing data for March improved boosting recovery hopes

Dax to test 10150 as sentiment continues to improve?

In mid-February, after the release of a very weak Japanese Q4 GDP data print, we wrote that in days gone by, it would have triggered a sharp response in Japanese asset markets. However apart from modest falls in Japanese stock indices, USD/JPY and JGB’s remained eerily becalmed as expectations increased the Japanese government would unleash another...

Watch for USD/CNH to break higher out of the pennant

When it comes to the FX market, no major currency is more correlated with oil prices than the Canadian dollar.

Moodys cut the country’s rating to junk and kept the outlook negative.

GBP/USD slipped lower in early trade. The rebound is capped as traders await clarity

With Europe fully in the grip of the coronavirus, and speeding up in the US, little wonder that the markets have started on a weaker footing across Europe. However some glimmers of hope have helped the FTSE bounce.

Oil hits 18 year low as demand dries up and amid excess supply.

This time last week the Federal Reserve announced a series of monetary easing measures, the like never seen before. Not to be outdone, just a few days later U.S. Congress signed into action a U.S. $2tn economic relief package, equivalent to 10% of U.S. GDP.

As we saw last week, there is tremendous volatility, as well as opportunity in these markets.