Blogs

<p>The last two months can be characterised by the theme of sell the dollar, buy everything else. Upon coming back to the new year yesterday, we got a treat of the opposite. And then in trading today, we're seeing more of the same once again. It's hard to read into opening week flows at times […]

<p>Equities are feeling a bit of a squeeze once again for a second day running, as we are looking to see more of a retracement move to the price action in November and December. US futures are nudging lower with S&amp;P 500 futures down 0.3% and Nasdaq futures down 0.4%. European indices are also seeing […]

<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/news/fomc-decision-no-change-to-rates-2024-median-dot-46-vs-49-expected-20231213/">left interest rates unchanged</a> as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. </li><l

<p>The recent upsurge in Houthi and Hezbollah attacks on ships in the Red Sea has prompted the world's two largest container shipping lines, Moller-Maersk and Hapag-Lloyd, to halt transit.</p><p>Subsequently, two oil majors have insisted on adding a clause to their contracts allowing them to divert their vessels through Afric

<p>USD</p><ul><li>The Fed <a href="https://www.forexlive.com/news/fomc-decision-no-change-to-rates-2024-median-dot-46-vs-49-expected-20231213/">left interest rates unchanged</a> as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. </li><l

<p>The story for USD/JPY continues to be one largely tied to the movement in bond yields, or more specifically Treasury yields. This is evident by the hourly chart below:</p><p>A rebound in 10-year yields back to near 4% is also leading a bounce in USD/JPY this week from 141.00 to 142.60 levels at the moment. Of […]

<ul><li>Prior 22k</li><li>Unemployment rate 5.9% vs 5.9% expected</li><li>Prior 5.9%; revised to 5.8%</li></ul><p>The German jobless total rose by roughly 5,000 in December as the unemployment rate keeps ticks a little higher. Overall, employment conditions are still holding up but there have be

<p>This just marks a small improvement in Swiss manufacturing activity, which is still in contraction at the end of last year. Output remains subdued, so any stark recovery is still left wanting coming into this year. Here's the breakdown:</p> This article was written by Justin Low at www.forexlive.com.

<ul><li>Eurostoxx flat</li><li>Germany DAX flat</li><li>France CAC 40 -0.1%</li><li>UK FTSE +0.2%</li><li>Spain IBEX +0.2%</li><li>Italy FTSE MIB +0.1%</li></ul><p>This mirrors the mood in US futures, which are flattish at the moment. There's not much ent

<p>The report says that at least two of China's biggest state-owned banks have stepped up reviews of smaller lenders in recent months, in order to flag out those with poor asset quality and a high risk of default. The sources also note that these larger banks have tightened standards for interbank lending to said smaller […]