Market Overview

Investment markets and key developments over the past week While Australian shares push higher over the last week, other major share markets declined. US shares fell as oil prices declined, Eurozone...

I won’t go into huge depth about the BOJ meeting, but it’s fair to say they delivered the minimum. The vote count painted the clearest picture and there was little appetite to increase the...

It’s Bank of Japan (BoJ) Day. For short-term traders very little else matters today. Yesterday, USD/JPY overnight implied options volatility was at the highest since 2008 and the second highest...

Quick RecapThe Fed put a rate cut, possibly as soon as September, back on the table overnight. But the US dollar fell. As the Aussie dollar bounces back toward 75 cents and Euro rallies back toward...

Quick RecapThe Fed put a rate cut, possibly as soon as September, back on the table overnight. But the US dollar fell. As the Aussie dollar bounces back toward 75 cents and Euro rallies back toward...

As widely expected, the US Federal Reserve left interest rates unchanged on Wednesday, with the statement accompanying the decision providing no new signals as to when the Fed may hike next. The...

Quick RecapThe release at 11.30am this morning of Australia's second quarter CPI data is probably the single most anticipated data release for Aussie dollar traders in ages. That's because after the...

The Australian dollar have proven stubbornly resilient in recent months, raising doubts about my year-end call that it would fall to US65c. That said, a number of forces appear to be now conspiring to...

Quick RecapStocks continue to push higher in the US with another new weekly high close. But signs are there that a top is forming. Elsewhere the US dollar (AX:USD) remains strong with the Euro...

Cable was again the centre of attention on Friday, and having begun the session looking quite well bid it continued its recent choppy action by heading sharply lower following the release of the very...

Investment markets and key developments over the past week· It’s now four weeks since the Brexit panic on June 24 and since then US and European shares are up 6%, British shares are up...

US Stocks seem to be reaching a short term high and possibly showing a small sign of exhaustion after their 8% post-Brexit rally. The gains have been largely fueled by the idea that a Brexit would...

All eyes on Japan this morning with talk of a ¥20 trillion stimulus package through a supplementary budget. Recent press has been centred on a ¥10 trillion package and if true would clearly be...

The Yen remained under heavy pressure as risk sentiment improved by breaking above 107.00 in late US trade. Elsewhere in the currency markets, Cable remained underpinned today following the slightly...