Newsquawk

Blog

  • Positive momentum continues in Asia amid the French election relief rally, alongside optimism over tax cuts.
  • Major pairs relatively rangebound, however CAD slips on news that US is to levy 20% import tax on Canadian lumber.
  • Looking ahead, highlights include Richmond Fed, API Crude report and US New Home Sales.

ASIA

Asia equity markets maintained the...
Categories:
French Presidential Candidates Macron and Le Pen move to the 2nd round run-off after gaining the most votes in the 1st round

The fallout of the French election saw EUR/USD break above 1.0900 to print its highest level in 5 months while Asia-Pac trade saw a general ‘risk-on’ tone

Looking ahead, highlights include German IFO and Fed’s Kashkari

  • FRENCH PRESIDENTIAL...
Categories:

INTRO

Sunday 23rd April will see voters head to the polls for the first round of voting in the French Presidential election. The first round of voting will see 11 candidates looking to secure the minimum 50% of the total vote to secure the French Presidency. Should no individual candidate secure this then the race will go to a second round on Sunday May 7th which will see the two...

Categories:

FX Weekly Outlook 21.03.17

Weekly FX outlook, looking ahead:

An explosive start to next week as Sunday’s first round election vote in France overshadows the market. EUR looks pretty relaxed in the run up; complacency? GBP resilient firm despite weak spending numbers, but the CAD suffers another blow as inflation softens – CAD takes out 1.3500 again.

Looking into next week it is hard to see past Sunday’s key first round vote in the French elections, where there is much at stake for Europe and the single currency union as a...
Categories:
Watch RANsquawk's Head Analyst Adam Linton give a preview of what to expect from the upcoming French Presidential Election. 1st round is on 23rd April 2017, 2nd round follows on 7th May 2017. For RAN subscribers we are offering FREE extended access on the 1st round from 6.45pm BST Sunday 23rd April. Don't forget to tune in.

"https://www.youtube.com/embed/ZpSPpWeQbfE" title="RANsquawk's French Presidential Election Preview" description="Watch RANsquawk's Head Analyst Adam Linton give a preview of what to...
Categories:

  • Asian equities traded mostly higher in the final trading session of the week amid the positive healthcare reform-inspired gains on Wall Street
  • FX markets traded quiet amid a lack of tier 1 data releases, which saw the USD-Index hold below 100.00
  • Looking ahead, highlights include UK retail sales, Canadian CPI, US mfg PMI, Existing Home Sales, BoE’s Saunders and ECB’s...
Categories:

  • Asian equity markets traded mostly higher, albeit modestly so with the Nikkei 225 supported by strong export-based trade data
  • NZD gained some ground against its major counterparts overnight amid encouraging domestic CPI figures
  • Looking ahead, highlights include US weekly jobs, Philly Fed, Fed’s Powell, Rosengren and BoE’s Carney

ASIA

Asia equity markets...
Categories:

  • Asian equities traded lower amid the downbeat tone from Wall Street whereby lacklustre earnings dragged prices lower
  • GBP took focus after the EU close yesterday with GBP/USD steamrolling tspanough stops to briefly break above 1.2900
  • Looking ahead, highlights include Eurozone CPI, DoEs, Fed’s George, Rosengren and ECB’s Coeure

ASIA

Asia...
Categories:

  • Asian equity markets traded mostly lower despite the positive Wall Street lead with the ASX notably hampered by losses in gold and iron ore
  • FX markets were relatively uneventful overnight with USD/JPY largely guided by fluctuating risk sentiment
  • Looking ahead, highlights include US Building Permits and Housing Starts, Fed’s George and Rosengren

ASIA

Asian...
Categories:

  • Equity markets across Asia continued with the week’s theme, as geopolitical fears and commentary continued to lead to a risk off tone
  • Comments from President Trump that the USD is getting too strong and he prefers low interest rate policy set the tone for Asian trade
  • Looking ahead, highlights include US PPI, weekly jobs data, Uni. Of Michigan

ASIA

Equity...
Categories:

  • Asian equities slip amid the rising geopolitical concerns, while Chinese CPI misses analyst estimates.
  • JPY the notable beneficiary from the risk off tone with USD/JPY at its lowest level since Nov’16.
  • Looking ahead, highlights include UK Jobs Data, BoC Rate Decision, and DoE Crude Report.

ASIA

Geopolitical concerns continued to weigh on markets with the...
Categories:

  • Mounting geopolitical concerns continue to guide investor sentiment with Asian equities trading mostly lower
  • This sentiment was also seen in FX markets with JPY one of the main beneficiaries, dragging USD/JPY below 111.00
  • Looking ahead, highlights include UK inflation, German ZEW and Fed’s Kashkari

ASIA

Asia equity markets mostly traded with a...
Categories:

  • Asian equities traded mixed following on from the subdued Wall Street lead while geopolitical tensions continue to mount over the weekend
  • USD held onto Friday’s gains where the USD-index reclaimed 101.00, meanwhile, JPY softened with USD/JPY extending further above 111.00
  • Looking ahead, highlights include ECB’s Constancio and Fed’s Yellen

ASIA

Asia equity...
Categories:

  • Risk-off sentiment has been spurred by heightened geopolitical tensions as the US launched cruise missiles against Syrian targets
  • A Syria military source stated that the strike led to losses, while Russia is to seek a UN Security Council meeting on the strike
  • Looking ahead, highlights include US and Canadian Jobs reports, UK Industrial and Manufacturing Production, BoE's Carney, Fed's Dudley, ECB's Coeure and...
Categories:

  • FOMC minutes saw focus around a potential change to the Fed’s reinvestment policy and a split on whether hikes should be faster or more gradual
  • Asia equities traded lower, following on from the US lead with the USD losing ground against major counterparts
  • Looking ahead, highlights include ECB Minutes, US Weekly Jobs data, ECB’s Draghi, Praet and Constancio

FOMC...
Categories:

  • Asia equity markets traded choppy following the mild gains on Wall St. which was led by the energy sector
  • FX markets were uneventful amid a lack of tier 1 data during the Asia session, which kept the USD range-bound
  • Looking ahead, highlights include Eurozone, UK and US Service PMI, ADP Employment Change and ISM Non-Manufacturing PMI, DoEs and FOMC Minutes
Categories:

  • Asian Equities traded with little in the way of firm direction amid holiday-thinned trade with the USD trading in a similar manner
  • The RBA kept rates on hold at 1.50% as expected and struck a mildly cautious tone
  • Looking ahead, highlights include UK Construction PMI, US Trade Balance, ECB’s Draghi, ECB’s Liikanen and Fed’s Tarullo

ASIA

Asia equity markets...
Categories:

  • Asian equities traded mostly higher as the region digested a slew of mixed data
  • FX markets saw a quiet start to the week with the USD-index rangebound ahead of this week’s key risk events
  • Looking ahead, highlights include Eurozone, UK and US Mfg. PMI data, US Construction Spending, ECB’s Coeure, Fed’s Dudley, Lacker and Harker

ASIA

Asia...
Categories:

  • Asian equity markets traded somewhat mixed with some slight indecision heading into month, quarter and fiscal year-end
  • USD remained firm as the USD-index extended advances above 100.00 amid weakness in EUR/USD which languished below 1.0700
  • Looking ahead, highlights include German unemployment rate, UK GDP, US PCE, University of Michigan sentiment, ECB's Couere and Fed's Bullard &...
Categories:

  • Asian equities traded mostly lower despite a largely positive lead from the US in which the energy sector outperformed
  • The greenback held near yesterday’s highs as the USD-index reclaimed 100.00, while USD/JPY extended its footing above 111.00
  • Looking ahead, highlights include German...
Categories:

  • Asian equities traded mostly higher amid a positive Wall Street lead, with stocks supported by upside in energy and financial names
  • USD held on to the prior session’s gains with the USD-index closer to the 100 level and USD/JPY above 111.00
  • Looking ahead, highlights include UK PM May invoking Article 50 and the DoE Crude oil inventory...
Categories:
BoE's McCafferty speaks with Market Analyst Mike Barker on Iain Dale's LBC radio show, 28th March 2017. Have a listen below.

[playlist artists="false" images="false" tracklist="false" ids="331"]
Categories:

  • Asian bourses saw a pick-up in sentiment overnight despite the subdued Wall Street lead with the ASX outperforming
  • FX markets were relatively quiet with the USD-index flat amid a lack of tier-1 data or drivers to spur price action
  • Looking ahead, highlights include potential comments from Fed’s Yellen, George, Kaplan & Powell and ECB’s Coeure
Categories:

  • Asian equities traded mostly lower with the Nikkei 225 hampered by a firmer JPY while Chinese bourses were dealt some reprieve from Industrial Profit data
  • USD softened overnight as investors reacted to the US President’s lack of ability to pass the health care bill tspanough congress
  • Looking ahead, highlights include potential comments from ECB’s Lautenschlaeger, Praet, Fed’s Evans and...
Categories:

  • Trump’s AHCA negotiations remained in focus overnight, with some concerns eased after Trump stated he will focus on tax reforms if the House of representatives fail to pass the bill
  • USD saw upside in the wake of Trump’s tax reform comments, with comments from Kaplan also supportive
  • Today’s highlights include Eurozone and US manufacturing and services PMIs, US Durable Goods Orders and comments from Fed's Evans,...
Categories: