Fed Minutes Suggest Hike Coming "Fairly Soon"

The Dow Jones reached a new all-time high overnight, now sitting at 20,775. Late in the session, the minutes from the previous FOMC meeting were released with the language indicating that a ...

U.S. Equities To New Record Highs As Fed Speak Drives Rate Bets, ASX SPI200 Futures +31

U.S. equity markets continue their push to new all-time highs on Tuesday, with three key equity benchmarks hitting new records. The Dow Jones industrials gained +0.58% to trade at 20,743 while bo...

Market Reaction Outside Of France Muted As LePen Gains In Polls, ASX SPI200 Futures +1

Monday was a very quiet day for data releases providing little in the way of direction for markets while U.S. equity markets were closed for a public holiday. The focus remained on the upcoming F...

U.S. & German Spread Highest Since 2000 Bullish For European Equities, Oil Range-bound, ASX SPI200 Futures +5

The spread between German & U.S. yields is now sitting at the highest levels since 2000 highlighting the continued divergence between monetary policy and political uncertainty ahead of key Europea...

ECB To Maintain Substantial Degree Of Monetary Accommodation, ASX Futures -1 As Unemployment Data Reflects Labour Market Slack

The Euro gained +0.71% against the U.S. dollar on Thursday despite the release of the ECB minutes from the central banks January meeting that highlighted that is was “imperative to maintain a ver...

U.S. Economy Kicks Off 2017 On A Strong Note, U.S. Equities Extend All-Time Highs, ASX SPI200 Futures -4 Ahead Of Unemployment Data

The U.S. economy has started 2017 with a bang as positive U.S. data on Wednesday showed that both retail sales and consumer price inflation rose more than forecast in January. Advanced retail sal...

U.S Dollar Strengthens With March Hike Expectations On Yellen Hawkish Testimony, ASX200 Set To Retest Key 5,800 Technical Resistance

Despite the slew of economic data on Tuesday investors were focused on Fed Chair Janet Yellen’s testimony before the Senate Banking panel. Striking a somewhat hawkish tone Yellen said “waiting to...

U.S. Equities To New All-Time Highs As Trump Eases Sabre Rattling, Yellen Testimony In Focus For USD, ASX200 Up +0.49%

Another day, another new all-time high for U.S. equity markets with the S&P500 market capitalisation topping US$20 trillion overnight. The benchmark index gained +0.52% shown on the chart below l...

Oil Prices Jump On 90% OPEC Compliance, Copper Surges On Chilean Mining Strike, ASX SPI200 Futures +10

Commodity moves dominated market direction on Friday led by gains in oil with WTI & Brent crude up +1.6% & +1.92% respectively while copper surged +4.3%. The move in oil prices was driven by a r...

Dollar Rallies On Trump "Phenomenal" Tax Plan, FOMC Hike March Or June Makes Little Difference, ASX200 To Test Key Technical Levels

The U.S. dollar index strengthened on Thursday rising with U.S. treasury yields on the back of comments from Donald Trump that in the coming two or three weeks he would release what he described...