Risk-Off Theme As Investors Await Trump Action On Economic Policies, VIX Highlights Vunerability Of Equity Markets, ASX SPI200 Futures +18

The global risk-off theme continued on Monday as investors continue to react to Donald Trump’s first actions as U.S. president. Following from his “America First” speech at his inauguration on Fr...

Dollar Falls With Treasuries As Trump Inaugurated, Oil Rallies As Monitoring Committee Meets In Vienna, ASX SPI200 Futures +27

The U.S. dollar index fell -0.34% on Friday as two-year U.S. treasury yields declined -2.8 basis points to yield +1.197% following the inauguration of Donald Trump as the 45th U.S. President. Des...

Euro Reverses Initial Declines As Draghi Says Inflation Not Convincing, Make Or Break For Trump Trades, ASX SPI200 Futures -10

The Euro reversed initial declines on Thursday as the ECB kept its current monetary policy unchanged. Speaking on the recent inflation figures, ECB president Mario Draghi noted that “there are no...

Yellen Sends Gold Lower, Treasury Yields Higher

The US stock market was largely unchanged overnight with the Dow Jones closing down 0.1% and the S&P 500 up 0.18%. This continues the sideways trend for this week with both indices close to where...

Pound Surges As Theresa May To Seek Free Trade Agreement & Transitional Deal As Part Of Brexit Strategy, ASX SPI200 Futures Down 9 Points

All eyes on the U.K. on Tuesday as Prime Minister Theresa May pledged to quit the EU single market and seek a customs agreement with the EU whereby the U.K. could also negotiate trade deals with ...

Markets Quiet Ahead of Trump Inauguration

The ASX 200 rose 0.48% yesterday despite the US market closing relatively unchanged on Friday. The ASX 200 is not far off an eight-year high; a close above 6,000 would be the highest close since...

USD Falls On Data Miss Ahead Of Trump Inauguration, Oil Declines Ahead Of OPEC Compliance Meeting, ASX SPI200 Futures Up 18 points

The U.S. dollar fell on Friday after slightly disappointing advance retail sales and U.S. inventories data. Month-on-month the advance reading of retail sales gained +0.6% against expectations of...

Oil Jumps On Saudi Arabian Production Cuts, Technical Indicators Suggest S&P500 Gains Becoming Exhausted, ASX SPI200 Futures Up 7 Points

Oil prices were boosted on Thursday thanks to a weaker U.S. dollar along with reduction in Saudi Arabian output. Energy minister Kalid Al-Falih on Thursday said that Saudi Arabia, OPECs largest m...

Trump's Press Conference, Crude Jumps

Markets overnight were largely dominated by president-elect Donald Trump’s first press conference since July. Markets were expecting more details about some of Trump’s plans for fiscal stimulus b...

China Producer Prices Jump On Further Evidence Of Global Reflation, AUD Provides Hedge For Gold Investors, ASX SPI200 Futures +26

Chinese data on Tuesday provided further evidence to support the trend of global reflation as consumer prices (YoY Dec) rose +2.1% although slightly below expectations for a reading of +2.2%...