Global Markets Daily Report Archives

FX and Global equity markets markets await more on US China trade talks

Sep 20, 2019 | Global Markets Daily Report

FX markets traded mostly sideways yesterday, with no major moves and little reaction following the FED decision Wednesday afternoon to move lower on US interest rates to 2%. The dollar traded at 8-week lows versus the sterling after a positive Brexit statement from EU...

FX and global equity markets had little reaction to the FOMC Statement

Sep 19, 2019 | Global Markets Daily Report

FX markets had very little reaction to the release of the FOMC Statement yesterday afternoon, after a strong first reaction the dollar lost ground and traded mostly sideways or lower thereafter versus majors. The Fed policy of keeping a close call on interest rates...

Markets flat ahead of the FOMC statement today in the afternoon

Sep 18, 2019 | Global Markets Daily Report

The dollar traded lower across the board and FX markets reversed yesterday action ahead of the FOMC meeting today in the afternoon. Most FX markets gained versus the dollar following expectations of a dovish Fed which is under pressure from US President Trump to lower...

Oil closes up 14% on the Saudi refining attacks, sending global equity markets lower

Sep 17, 2019 | Global Markets Daily Report

Oil prices remain the focus point for global markets yesterday as investors asses the impact of sharply higher prices on global demand and the geopolitical outcomes over the attack on the Saudi refining facilities. The upcoming FOMC meeting tomorrow took actually the...

Oil sharply higher on the Saudi Arabia refining facilities weekend attack

Sep 16, 2019 | Global Markets Daily Report

Oil turned to be the focus point for investors over the weekend and this morning after the attack on Saudi Arabia refining facilities Saturday. The disruption on world largest oil producer sent prices soaring higher over the weekend, while the dollar traded lower and...

The wildest swing in FX markets in 2019 resulted in a stalemate

Sep 13, 2019 | Global Markets Daily Report

The wildest day in 2019 by far unfolded yesterday following the release of the ECB easing program and the surprise cut in the interest rate to -0.5%. As a result, the Euro plunged nearly 100 pips then reversed sharply following the low inflation reading in the US that...

FX markets await the ECB meeting today

Sep 12, 2019 | Global Markets Daily Report

The dollar traded higher versus majors yesterday after another move lower in the JPY, now trading at 6-week lows 108.00 versus the dollar and investor expectations for more ECB easing following today’s meetings. The dollar was also busted by US President Trump...

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