Market Overview

After much ECB triggered volatility yesterday, Euro is maintaining gains against other major currency today. The common currency is possibly set to end the week as the strongest one. ECB announced...

The tentative conclusion most commentators have drawn from the European Central Bank (ECB) press conference overnight is that Draghi has run out of easing ammunition, and that this is a bad thing.What...

The ECB has again announced a large 'package' of easing measures, which initially was a big positive surprise, but during the ECB's Q&A seesion risk sentiment reversed when Draghi said that he...

Today's data calendar is very thin and the focus is still on markets digesting yesterday's easing package from the ECB (see below).In the UK, trade balance and construction output figures are due. The...

New opportunities after Skingsley.Market implications. - Higher threshold for rate cuts but low-for-longer, flatter yield curve, look foropportunity to hedge with EURSEK. - No two-tier system for...

Draghi delivered. He managed to get approval for everything. Rate cuts, acceleration of purchases, including corporate bonds to the purchase program and new long-term repos were announced. The...

The Bank of Japan’s (BOJ) newest policy tool is likely to be the lynch pin in future Japanese economic stimulus, the question remains if it should be. After unveiling negative interest rates...

There is money to be made so the game must be played… It’s always “ShowTime” in the financial markets. What is the game plan?Levitate the bond market. See chart below. Keep...

Market BriefThe Reserve Bank of New Zealand took the market by surprise and cut its official cash rate by 25bps to 2.25%. Governor Wheeler argued that the deteriorating outlook for global growth, and...

Fasten your seat belts. The ride is going to getting bumpy. Economists may differ on what the ECB will do. Investors may differ on the market response. This uncertainty ensures a strong market...

US stock market advanced on Wednesday as rebounding oil buoyed investor confidence. The dollar weakened, the live dollar index shows the ICE US Dollar index edged down 0.1% to 97.1430. The Dow Jones...

It’s been awhile since we last looked at the US dollar which has been consolidating its big impulse move up. The reason I haven’t posted it much is because it’s stuck in a sideways...

The ECB meeting is finally here and the suspense will be over as the ECB announces its new round of stimulus. We expect the ECB to cut the deposit rate by 10bp to -0.4%, to introduce a two-tier...

We are accustomed to blaming the world’s ills on China’s slowdown and the collapse in commodity prices but in the case of Brazil, once the darling of the investment community with Asian...