Market Overview

A more positive session across Asian share markets to finish the trading week with not much in the way of economic catalysts to spoil the broth. Futures for Wall Street look positive with the USD...

On Wednesday, there were two big bits of news concerning the future of the RBA cash rate. Firstly, the ABS released the Consumer Price Index (CPI) inflation indicator for May, which came in a lot...

Wall Street lifted only slightly while European stocks still can’t seem to find any positive momentum with the latest US durable goods order printing slightly higher than expected. Combined with some...

Wall Street lifted slightly across the board while European stocks can’t seem to find any positive momentum as ructions over interest rate cuts continue on both sides of the Atlantic. The USD came...

DXY is fast approaching the 106 breakout point: AUD popped and dropped: North Asia is not helping at all: Oil and gold were whacked: Copper is bleeding out: Miners meh: EM meh: Junk reversed...

The Fed and economists are encouraged because CPI is down to 3.3% from a high of nearly 9% in 2022. Despite the Fed’s “significant progress” in lowering inflation, most citizens are outraged and...

DXY has very constructive ascending triangle pattern. If it breaks above 106, it is off to the races: AUD is hanging in there: North Asia is sliding inexorably: The oil squeeze is done: Back from...

From time to time, you will read that the Federal Reserve is trying to “thread the needle” on rates. That is, they don’t want to keep rates too high for too long, lest they sink the economy, nor...

DXY was soft last night: AUD firmed: North Asia is going down: Oil is being a CTA pest: Copper and metals look ready to break down again: EM is holding: Junk is calm: The US curve is flattening again...

Wall Street started the new trading week with a plunge from tech stocks, lead by Nvidia, with the lack of any economic news also sending a high USD down slightly against the majors as Euro fought...

There was a brief period earlier this year when US shares gave up the leadership crown to commodities, but American stocks have retaken the performance throne in June, based on a set of ETFs through...

A very mixed start to the new trading week here in Asia after an equally hesitant performance on Wall Street from Friday night in the absence of any economic events. The USD remains quite strong...

Stocks finished Friday slightly lower as June OPEX passed. This week, we head into the quarter’s end, closing out the year’s first half. It should be a fairly uneventful week with little on the macro...

Wall Street ended the week on a very meek note after a series of record highs, with European shares also falling back as the lack of confidence across risk markets widens. A slew of flash PMI surveys...