Correlation with oil continues to drive risk appetite
Market Overview The correlation between oil and risk appetite is still alive and well and a key factor for traders. It is difficult for me to focus on too much else other than the oil price at the...
View ArticleWill this risk rally be derailed in March?
A week is a long time in politics and perhaps the same could be said for the financial markets. The strong recovery in risk appetite which has been driven by the continued improvement in the oil price...
View ArticleChina PMIs to give traders renewed fears
Market Overview The first week of the month is jam packed with crucial tier one economic data that can create significant volatility, and today is the we can expect some choppy moves from the...
View ArticleUS data is key with the Fed’s dual mandate in focus
KEY DRIVERS The US dollar has been rallying hard over the past couple of weeks. The reason being that the Fed is finally starting to see some traction in its indicators that it focuses on in the drive...
View ArticleTraders watching key ISM data which could scupper the rally
Market Overview The trading outlook continues its improving trend as a whole range of markets show that sentiment is far less stressed than it was just two or three weeks ago. With US Treasury yields...
View ArticleMarkets looking cautious ahead of Non-farm Payrolls
Market Overview The dollar has come under some selling pressure in the past day and the move seems to have been data driven. The ISM Non-manufacturing data looked to have been slightly positive, but...
View ArticleMarkets looking cautious amidst continued payrolls legacy
Market Overview Traders are treading cautiously this Monday morning after a rather clouding Non-farm Payrolls report and the Chinese National People’s Congress over the weekend set out a growth rate of...
View ArticleIs the ECB set to disappoint again this week?
The European Central Bank is set to further ease its monetary policy this week. Mario Draghi has been hinting at further action for weeks, and with his reputation having taken somewhat of a bruising...
View ArticleSlowdown in China trade data hitting sentiment
Market Overview Will China again be the factor that breaks the bulls? Overnight the trade data from the world’s second largest economy was truly awful. Although double digit declines were already...
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