Archive for: August, 2018

Weekly Market Update

Post date: 28/08/2018 10:00 A typically slow week of late summer trading was dominated by political noise from the White House. Trump’s complaints about Fed policy tightening knocked back US rates as well as the US dollar. Rising risk appetite among investors didn’t help the greenback, which ended down against every other G10 currency save…

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Weekly Market Update

Post date: 20/08/2018 10:00 Attention continues to be focused on Turkey, as the Lira responds to political developments swinging wildly in both directions. While major G10 currencies ended the week not far from where they began, the volatility in Turkey spooked emerging market investors. The fact that the Lira managed to post a 6% rebound…

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Weekly Market Update

Post date: 13/08/2018 08:00 A classic emerging market crisis slammed currency markets last week. The Turkish Lira crashed as President Erdogan and his financial advisers appear to be losing control of the situation and make increasingly bizarre and unhelpful statements. The Euro had managed a modest rally earlier int he week, but quickly gave it…

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