Category Archives: Market Commentary

24.10.14

Pound halts three-day decline before UK growth data.

• Analysts expect GDP growth of 0.7% to 0.8% in the third quarter • ECB vies for third time lucky in European stress tests • Dollar rally fizzles out • Rand firms on euro, dollar

Categories: Market Commentary.

23.10.14

Pound mixed as tone of BoE minutes softens.

• BoE minutes add to signs rate hike on back burner • Euro worst performing major braces fro growth update • Dollar firms in Asia after US inflation rise • Kiwi dollar falls on benign inflation data

Categories: Market Commentary.

22.10.14

Interest rates in focus as BoE minutes due.

• Pound little changed as investors await BoE meeting minutes • Euro flat after drop on ECB easing plan reports • Dollar gains against Euro, Pound • Australian dollar unaffected by CPI

Categories: Market Commentary.

21.10.14

Dollar weakens with early Fed rate increase prospect fading.

• Sterling makes solid start to the week • ECB to spend €1 trillion on bonds to kick-start the euro economy • Fed interest-rate increase at 46 percent, from 51 percent last week • Yen gains as Asian stock slide … Continue reading

Categories: Market Commentary.

17.10.14

Markets jittery as global growth worries investors.

• Sterling held back by dampened rate hike expectations • Merkel, Draghi stand firm in market rout • Economic growth to Ebola woes spur volatility • Yuan climbs for second week after export gains

Categories: Market Commentary.

15.10.14

Sterling sell-off after soft inflation data.

• UK inflation falls to five-year low of 1.2% • Poor German data knocks euro • Dollar stands tall as euro hit by economic gloom • SNB seen keeping Franc cap until 2016

Categories: Market Commentary.

13.10.14

Global growth concerns hit risk appetites.

• Pound softens on mixed data, flight to safety • Greek bailout concerns top Eurogroup meeting • Dollar slips against Yen as growth worries hit risk appetite • Yen advances to four-week high amid global jitters

Categories: Market Commentary.

10.10.14

BoE Leaves rates at 0.5% as EU economy falters.

• Treasury Chief warns of impact of euro-zone woes • ECB’s Draghi vows to fight inflation • Dollar softens on rate view • Yen set for more gains as global growth concerns deepen

Categories: Market Commentary.

09.10.14

GBP/USD rises on FOMC and BoE

Carney’s Low-Rate Case Aided by Euro-Region Economic Woes Dollar Falls to Two-Week Low as Fed Bets Tempered Yen Set to Advance to One-Month High on Fibonacci; Aussie Gains

Categories: Market Commentary.

08.10.14

Dollar gains ahead of FOMC Minutes.

• UK manufacturing data helps steady sterling • Euro creeps higher despite weak data • Dollar needs strongly hawkish FOMC Minutes to regain momentum • Rand down on foreign reserves dip

Categories: Market Commentary.