Market Overview

The RBA has delivered its last gift to Australians for the year, increasing the cash rate by 25 basis points in December to 3.10%.The 25 basis point hike marks 300 basis points’ worth of...

Mixed FeelingsA 24 point gain for the ASX200 seemed about right yesterday following Friday’s fall. The index was up 50 points at lunchtime, wiping out Friday’s losses, but faded through...

DXY is back with a bang:   AUD was smashed:Oil has a very bearish chart. If that support breaks then look out:Metals rolled:Miners (NYSE:RIO) too:And EM stocks (NYSE:EEM):Plus junk (NYSE:HYG):As...

Last night’s US ISM services PMI shot higher than expected, sending USD back into uber-strength and making Wall Street get the willies, with near 2% falls across the board. This will translate...

U.S. Treasury market ETF capped off last week with big gains Sub-50 ISM manufacturing index suggests the economic backdrop not so rosy Focus shifting from inflation worries to recession fears The bond...

On Friday, investors freaked out a bit when the employment report showed not just a slightly-higher-than-expected growth in new jobs but also a significant miss to the high side on average hourly...

Week in reviewGlobal equities lifted for the second week in a row as Fed chair Powell all but confirmed the Fed would only raise rates by 0.5% at its policy meeting next week. Another benign US...

Friday night came and went with another big US jobs figure as the NFP was released. The strong print saw USD launch higher – temporarily – while US stocks were largely unchanged by the end...

This week Federal Reserve Chair Jerome Powell came out and said what the market had been thinking. He signaled that the US Federal Reserve could slow the rate at which it raises interest rates. The...

Find RudolphThe ASX200 shot up 90 points in the first hour yesterday before settling to a close of up 70. Unlucky if you wanted to get on. The index is now at a level last seen in May. It was all...

Gob-SmackedSo shocked by yesterday’s October CPI numbers was RBA deputy governor Michele Bullock that she said it will take time to “figure out what is the noise and what is the...

Last night was all about the sentiment with Fed Chair Powell pulling back on his hawkish inflation talk – “time to slow the pace” – which was a BUY signal on every part of the...

DXY was bashed last night as the Jay Powell monster turned out to be the a cuddly toy:   AUD closed at breakout highs:Oil popped:Commods popped:Everything popped:The Treasury curve...

The Treasury market is nervous about a repeat of the August hawkish Fed pushback.Market participants await nervously Powell’s speech this evening after the October CPI report sent bond yields...