The month of September is highly active in the financial markets, as traders in the northern hemisphere return from summer vacation. For Australia, September represents the start of the spring season. As the weather warms up, so too will the economic calendar. Below are key events that traders will be… read more
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Hot Topic – US Dollar Slides
August 24, 2016Here’s what happened. · The USD ended last week taking a pounding against the other major currencies including the GBP, the YEN, EURO, Swissy and the CAD. It only performed better than the Aussie which had an even worst week · That’s got the analysts confused as the US economy… read more
UK retail sales data defy Brexit impact
August 23, 2016UK consumers defied projections made about the economic consequences of the Brexit result as retail sales increased during the month that followed the referendum. Weather conditions also contributed to increased sales. In what is the first glimpse into consumer reaction following the UK’s decision to leave the European Union (EU),… read more
What is Trump’s wildcard presidential nomination doing to financial markets?
August 19, 2016Stocks, currencies and bonds are all sensitive to political change and a US presidential election is always a period of uncertainty for the markets. So how are the various markets likely to be impacted by the run up to the 2016 US presidential election, which takes place on 8 November?… read more
Hot Topic – FOMC and the Impact on Forex Trading
August 18, 2016Investors eyes are turned to Wednesday’s FOMC minutes release on July’s monetary policy meeting • Everyone will be on the lookout for whether the comments are hawkish or dovish • Last month’s meeting had some conservatively positive words “near term risks to the economic outlook have diminished” • Analysts are… read more
BOE fails to meet bonds-purchase target
August 17, 2016The pound reached a one-month low as it appears that Bank of England’s (BOE) additional Quantitative Easing (QE) programme prevented sterling bulls from entering the markets. The UK currency had succeeding decreases after the BOE announced new stimulus measures. It appeared that it stabilised after the immediate nosedive that followed… read more
Hot Topic – UK interest rates as the BOE keeps rates unchanged
July 22, 2016This week’s Hot Topic is UK interest rates as the BOE keeps rates unchanged What Happened: UK interest rates remained unchanged at 0.5% despite the majority of investors anticipating a cut. The GBP/USD reacted positively following the BOE interest rate decision and the release of the minutes report. The currency… read more
Key Announcements in the Second Half of July: What to Look For
July 14, 2016With nonfarm payrolls out of the way, investors are looking for the next big data release to drive market possibilities. Luckily, the post-Brexit environment has provided ample liquidity for traders to score by longing and shorting various markets. For investors monitoring the economic calendar, below is a list of upcoming… read more
Hot Topic – US LABOUR RALLY
July 13, 2016Announcement of last week’s employment data shows that the U.S. labour market is recovering in style Here’s What Happened on Friday The non-farm payroll came out showing the addition of 287,000 new jobs in June, an impres-sive result following May’s disappointing result. The NFP, released by the U.S. Department of… read more
U.S. labour market recovers in style
July 12, 2016The labour market has recovered after the addition of 287,000 new positions during June, following the May’s disappointing result. The Nonfarm Payrolls (NFP) data were released by the U.S. Department of Labour on Friday and the actual result was much stronger than the forecasts calculated by analysts prior to the… read more