Market Overview

After the Fed confirmed its dovish shift yesterday, the Bank of England has a so-called Super Thursday today. The pound is rising for the third day in a row, challenging the 1.27 level ahead of the...

The central bank left policy unchanged in June. This was expected because interest rates are already low and pushing them down further would not have created a big enough marginal impact on credit...

Dovish Fed sparks global stock, U.S. futures rally Dollar, yields tumble on lower rates outlook; gold surges Defensive shares outperform as S&P 500 nears all-time high Oil jumps on improved U.S....

Overview:The prospect of "lower for longer" continues to fuel the bond and stock rally. The initial US equity response to the Fed was positive but not strong and closed about 0.3% higher. Asia Pacific...

GoldComex gold flow has turned balanced after the fear of missing out on $1400 triggered a massive wave of buying earlier in Asia. Now the futures market is balancing out with a subtle axe towards...

Market focusThe US dollar fell under pressure on Wednesday, losing about 0.8% to a basket of the six most popular world currencies. Also, SPX and DJI experienced growth of a similar magnitude,...

From 2008 to 2013, the eurozone experienced a sharp decline in investment. Despite a belated turnaround in 2014, total investment is still holding below its pre-crisis level. There are wide...

In its nine-month operational update, Pan African Resources PLC (LON:PAFR) disclosed production that is consistent with its FY19 guidance of 170,000oz. This caused us to reduce our FY19 forecasts...

Market movers today The key event today will be the Norges Bank meeting, where both consensus and ourselves are looking for a 25bp rate hike, see page 2 and Norges Bank Preview - hiking and...

Key takeaways As growth has moderated, inflation expectations have fallen and uncertainties have increased, the Fed now says it "will act as appropriate to sustain the expansion". We stick to our...

The USD weakened yesterday and during today’s Asian session, as the Fed remained on hold, yet signaled its readiness to cut rates, maintaining a dovish stance. After the decision, the market...

Yesterday was a choppy day for dollar pairs as Trump and Xi confirmed that a phone call took place and that they would (all being well) be meeting at the Japanese G20 summit. The dollar remained net...

Equity markets rose as the Federal Reserve Bank left interest rates unchanged. The central bank only tweaked its language noting that it was closely monitoring the developments in the markets.There...

The Fed has opened the door to rate cuts, but it may not be as aggressive as the market expects. For now, we're sticking to our recently revised forecast for rate cuts in September and December, but...