Global Markets Daily Report Archives

Markets await Fed Chairman Powell testimony today in the afternoon

Nov 13, 2019 | Global Markets Daily Report

The dollar traded marginally higher versus majors other than the MXN as most FX markets had little or no reaction too the US President Trump speech yesterday. Brexit news are on the table for the Sterling and more US China trade news will affect the dollar near term....

Market looks to be topping out as the US China trade deal worries intensify

Nov 8, 2019 | Global Markets Daily Report

The dollar traded marginally higher versus major after the BOE dovish statement and outlook sent the Sterling lower while most other FX markets traded a narrow range lackluster session and the move out of “safe heavens”, the CHF and JPY continued. EU, Asia...

Global markets rally takes a breather after the US China trade deal delayed

Nov 7, 2019 | Global Markets Daily Report

The dollar traded marginally lower on profit taking after two strong gaining days and fresh worries for the US China trade deal after the meeting between US President Trump and China leader Xi Ping has been delayed until December. The sterling will be the market in...

The stronger dollar and the move from safety send Gold and Silver sharply lower

Nov 6, 2019 | Global Markets Daily Report

The dollar traded sharply higher versus majors for the second day in a row, as investors move into the greenback expecting no near future interest rate cuts and expressing confidence in the US China upcoming trade agreement. The JPY traded lower 0.6% versus the dollar...

The dollar sharply higher expecting a US-China trade deal

Nov 5, 2019 | Global Markets Daily Report

The dollar traded sharply higher versus majors yesterday after another move out of the “Safe Heavens”, the JPY and CHF and investors accepting more risk taking in the FX markets. The positive sentiment towards the US China preliminary trade agreement sent...

Global equity markets opened November at 2019 highs

Nov 4, 2019 | Global Markets Daily Report

The dollar and FX markets had little reaction to the better than expected job report and upward revisions for the prior months. The US economy signaled to the Fed it can take a break from interest rates cuts despite the unfinished trade agreement and overall weak...

Dollar lower on the 25 basis points cut in interest rates and the dovish Fed

Oct 31, 2019 | Global Markets Daily Report

The dollar traded sharply lower versus majors following the FOMC meeting and the Fed moving lower 25 basis points on interest rate to 1.75%. Despite the indication from the Fed that there will be a stop in further cuts, the markets took the statement as a dovish one...

« Older Entries