The RBNZ meeting was as expected this week. Rates were raised by 50bps to 3.50bps and the RBNZ maintained a robust view of the domestic economy. Reuters reported that the…
Monday started with a risk-positive footing after the miss from the US ISM Manufacturing data. A miss across the board sent investors running to sell the USD, buy gold and…
The RBA hiked rates by 25bps early on Tuesday morning sending the AUD lower. However, the AUD was also supported at the time by a more positive risk outlook which…
On Friday we have CAD jobs data and the US NFP data. Both reports are worth catching and here is the outlook and what to look out for. Canadian jobs…
The foundation keeping the Fed on an aggressive rate hiking footing has been the US economic data. Although it has been mixed over the last few weeks there have not…
This is an art form and a way of trading at market extremes. By definition, trading contrary opinion is a way of trying to catch market turning points. Recently, when…
The latest mini-budget from the UK sent gilt markets into a sharp fall and the GBP had its own mini crash. Why should fiscal stimulus be seen as so negative…
When the BoJ met in September speculation had been increasing regarding BoJ intervention. The weakness in the JPY had been impacting Japan’s import market pushing up consumer prices and higher…
In the near term, copper is set for more falls. Global recessionary fears brought on by central banks aggressively hiking interest rates have led to expectations of a sharp slowdown…
The Fed hiked by 75 bps to 3.00-3.25% as expected and with the expectation set high coming into the latest FOMC meeting the Fed needed to affirm the terminal rate…