Market Overview

The Forgotten Central BankSince the beginning of the week, today’s European Central Bank meeting has been earmarked as the most important data point and there is much reason to believe that it...

Absolutely, given the collapse in Chinese equities yesterday, with the CSI 300 falling 3.6% in the last two hours, in turn causing AUD/USD to drop 70 pips or so (see Bloomberg chart below).There is no...

It’s uncertain what caused the selloff in Chinese markets yesterday. Was it rumours the government was going to pull market support? Concerns about Sinosteel missing its interest payment? Or did...

Canadian Club: In yesterday’s Daily Market Update, we took a look at trading the Bank of Canada interest rate decision in the wake of elections, which saw the Liberal’s Justin Trudeau...

The main event today is the ECB meeting. Many observers expect a dovish tilt as Draghi prepares to expand QE in December. A Bloomberg survey conducted last week found that 80% of economists expect...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. There are 2 monetary policy announcements this week with the Bank of Canada batting first on Wednesday. After rising to a high...

BoJ Happy: Welcome back to your desks for the start of another important week in the trading world which features central bank action from Australia, Canada and the Eurozone.But first of all, we turn...

Starting to hurtIf anyone has been bemoaning the lack of volatility in GBP or USD pairs, then yesterday will have shut them up. Sterling and the US dollar were boosted and laid low respectively as...

Anyone focusing on our opening call for the S&P/ASX 200 would think that the last ten hours or so have been a fairly drab affair, but that is not the case looking at G10 FX, commodities and fixed...

Market BriefThe ZEW survey was a massive disappointment for Germany yesterday. The current situation index fell to 55.2 from 67.5, well below market expectations of 64. The ZEW expectation dropped to...

Disappointing Chinese data drove another selloff in Asia today as Chinese CPI came below expectations.Today’s Chinese CPI essentially guaranteed further cuts to the interest rate and the reserve...

As crude oil and other commodity prices have rallied over the past few weeks, some analysts have pointed to a new, resurgent age in commodity demand out of China. However, the recent rally hides the...

Asian trade has gone strongly risk off today. Markets and currencies started to weaken from the open as nervousness about the Chinese trade data was heavy in the air. Chinese exports were...

Is this rally for real? This is the question of the moment and the week ahead should hopefully hold a number of answers for traders.Assessing price action, behavioural analysis and fund flow data will...