Tag Archives: global

10.08.12

Gold Medal for Sterling as Pound Trades Higher on BoE Report

Sterling trades higher as BoE dampens expectations of interest rate cut Risk-on mood sends US currency lower Euro posts more losses against majors as German data disappoints Swedish currency posts gains as its seen as safe haven

Categories: Market Commentary.

19.06.12

Greek & Spanish Football Teams Progress but their Economies Continue to Slide.

Euro under pressure – markets demand Greek government formed quickly. Spain on brink of global bailout. Sterling benefits from weak euro and possible QE in US. Fed may inject another round of QE this week. For more information see tool … Continue reading

Categories: Market Commentary.

11.04.12

Sterling Stands Firm as Stocks Perform Swan Dive

Chaos reigns but sterling holds onto gains against euro and dollar. Risk aversion creeps back as volatility kicks into currency markets. Debt demons return for euro as Spain and Italy come back into focus. Global stock markets plunge as US … Continue reading

Categories: Market Commentary.

27.03.12

Bernanke Speaks – Markets Jump

Bernanke signals QE may be on the way as dollar trades lower. Euro finds support as Germany says may increase debt crisis fund. Cable rallies to March high as risk returns. Global equities rally as risk returns to markets. For … Continue reading

Categories: Market Commentary.

02.03.12

Risk appetite drives global markets higher as US currency is sold off. Sterling posts decent gains against majors. Back door QE (LTRO) weighs heavily on single currency. Oil spikes on unconfirmed reports of attack on pipeline. For more information see … Continue reading

Categories: Market Commentary.

02.02.12

Sterling Performance from the Pound

Pound continues to gain versus dollar as risk appetite spreads. Better than expected UK economic data helps sterling gain against euro. Global stocks rally to send lower yielding currneices lower. Euro benefits on risk appetite rise and speculation Greek debt … Continue reading

Categories: Market Commentary.

31.01.12

Sterling Hits 8 Day High Versus Euro

The pound struck an eight day high against the euro this afternoon as the glow which was shining brightly over the eurozone area has already began to disappear. Optimism the eurozone agreement yesterday is fast wavering and the agreement remains … Continue reading

07.12.11

Merkel & Sarkozy Threaten To Get Out The Big Guns In The Form Of A Financial Bazooka At EU Summit.

Euro rallies on speculation EU leaders will sort out debt crisis. Sterling down as talk of more QE puts pound under pressure. Global equities rise as dollar is sold off. Commodity currencies post gains as investors take on more risk. … Continue reading

Categories: Market Commentary.

25.11.11

Euro Debt Crisis Targets ‘Core’ Of Europe As Investors Run For Safety Of The Dollar.

Sterling hits 7 week low versus the dollar. Risk appetite disappears as global markets shudder on E/Zone debt crisis. Dollar makes huge gains on pound and euro as investors run for safety. Single currency still on back foot with no … Continue reading

Categories: Market Commentary.

21.11.11

From ‘Super Mario’ To ‘Super Committe’ As Risk Aversion Returns.

Dollar advances on haven demand as prospects fade for US debt accord. Euro mixed as decline posted versus dollar but gains on sterling. Spain votes in PP with clear majority to give positive lift to the euro. Worse than expected … Continue reading

Categories: Market Commentary.