Archive for: April, 2019

Weekly Market Update

Post date: 29/04/2019 17:00 Stronger-than-expected growth and housing data out of the US drove the dollar higher against every single major currency worldwide last week, with the exception of the Japanese yen. The US economy expanded by 3.2% annualised in the first quarter of this year, much stronger than the 2.0% expected and a considerably…

Read More →

Weekly Market Update

Post date: 23/04/2019 08:30 Easter week is typically one of the slowest trading weeks of the year in currency markets, and last week was no exception. G10 currencies stayed within 0.5% of each other with the sole exception of the New Zealand dollar, hurt by weaker than expected quarterly inflation and the increasing market conviction…

Read More →

Weekly Market Update

Post date: 15/04/2019 09:00 Perhaps the biggest news of last week was the agreement to postpone Brexit until October 31st. However, markets seemed to have priced in the outcome entirely, and Sterling did not react strongly to the news. Neither the ECB April meeting nor the publication of the minute from the Fed March meeting…

Read More →

Weekly Market Update

Post date: 08/04/2019 09:00 As trade tensions between the US and China recede, and Chinese data improves, investors are feeling increasingly comfortable with the macroeconomic and policy backdrop worldwide. As a result, risky assets in general continue to perform well and recover from the sharp falls experienced in late 2018. Last week, almost every single…

Read More →

Weekly Market Update

Post date: 01/04/2019 08:00 The failure of British Parliament to agree on any concrete way forward for the Brexit process, and the newest rejection of May’s withdrawal agreement slammed the pound, which fell almost 2% and was the worst performing G10 currency. The Turkish lira recovered some of its recent losses as Erdogan managed to…

Read More →

Back to Top