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S&P 500, Dow and NASDAQ Composite rally on higher ISM manufacturing index and construction spendingUS stock indices closed at record highs on Monday with expectations of strong third quarter...
USD: Nevada ignored by currency marketsWhile the world’s attention and concern focused in on Las Vegas following the shootings there, the USD gambolled higher after US factory data released...
Yesterday, the US dollar strengthened again against the majors. The dollar index (#DX) closed the trading session in the positive zone (+0.65%). "While implementing the program of the assets buyout...
The expected risk premium for the Global Market Index (GMI) increased again in September. GMI, an unmanaged, market-value weighted portfolio of the major asset classes, is currently projected to earn...
Market Drivers October 03, 2017UK PMI Construction ContractsRBA holds rates unchnagedNikkei 1.05% Dax 0.58%Oil $51/bblGold $1271/oz.Europe and Asia:AUD RBA No ChangeGBP UK PMI Construction 48.1 vs....
by Pinchas CohenKey Events Equities recorded fresh record highs on the fastest US manufacturing growth in 13 years While Asia continued the rally, Europe stalled out Are traders taking a breather or...
US equities surged to new record highs overnight on solid manufacturing data and dollar followed by gaining broadly in Asian session today. DOW jumped 152.51 points or 0.68% to close at 22557.6....
Shock and horror grip the entire world. Yesterday's events in Las Vegas have set a new record for human brutality and is a reminder that no matter how far we've come as a society, we need to do...
Equity markets just keep heading higher. It really doesn’t matter what the headwinds are. With recent catastrophic events such as the massacre in Las Vegas, North Korean Tensions and Catalonian...
RBA remains on hold, reiterates AUD concerns The RBA kept its policy unchanged today, as was widely anticipated. The statement accompanying the decision was relatively optimistic on the economy,...
Market SummaryAsian markets were quiet, but mostly higher as markets in China, Hong Kong and India were all closed for various holidays. A stronger USD helped lift markets across the region however,...
Global CommentaryAlthough several large Asian markets remained closed Monday, the rest of the region began the fourth quarter on strong footing. Mainland China was closed Monday and will remain closed...
SummaryThe violence in Catalonia yesterday is the story, not the vote The Euro is close to a breakdown Political pressures from Germany's elections to Italy's banks likely precipitated Spain's violent...
FTSE 100 to open 2 points higher at 7440 DAX to open 29 points higher at 12,931 CAC to open 10 points higher at 5360 More records on Wall Street Asians stocks were strong overnight and European...
European equity markets are expected to open a little higher on Tuesday, buoyed by decent gains in Asia overnight and new record highs in the US on Monday.AUD Slips as RBA Maintains Neutral StanceThe...