Does Too Much Calm Mean it’s Time for a Little Storm? The market activity has been positively glacial over the last several days, but is suddenly kicking into gear ahead of US equity trading today on no readily discernible catalyst. We should all be reminded that quietude and complacency often Read More Does Too Much [...]
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There was no shortage of bad news on Thursday. A deluge of downbeat economic data and (yet) another day of petty squabbling in Europe quickly brought Wednesday’s stock market rally to a halt. Read More No light on the horizon as storm clouds darken over global economy
Posted in FX News | Tagged as, clouds, darken, economy, global, horizon, light, no, on, over, storm, the
At the start of the trading day everyone was talking about how hard it would be for Draghi to begin his Presidency of the ECB in the middle of such a mess. However, the Italian took it in his stride. He went in there and cut rates, surprising the market Read More ECB Special Draghi [...]
Posted in FX News | Tagged by, draghi, ecb, markets, special, storm, takes, the
The markets have been remarkable calm after yesterday’s major moves to the downside. It’s not often that you see the stocks end the day down 5 per cent, however it has been more frequent this year which is likely to go down as one of the most volatile years in Read More The Calm before [...]
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In yesterday’s session we saw risk aversion dominating on the back of weaker global growth concerns as well as the renewed uncertainty in the Euro-zone sovereign debt situation. The catalysts were weak manufacturing data from China, the US and UK, as well as surging yields in Italy and Spain. Read More Eye of the Storm [...]
Posted in FX News | Tagged boj, by, calm, data, expectations, eye, markets, moves, of, on, qe, snb, storm, the
The FX market’s most liquid pair (EURUSD) and carry trade itself are on the verge of significant, bearish reversals. However, that is not the full extent of the tension. If we broaden our scope to include equities, commodities, Treasury and money markets; we see the same general patterns. Read More QE2 Expiring, Greece Crisis Deeping [...]
Posted in FX News | Tagged 150perfect, crisis, deeping, dollar, expiring, for, greece, qe2, risk, storm
Prime Minister promises to pull the economy out of the ”storm”, but insists recovery depends on holding to present course. Read More Gordon Brown to warn economic storm not yet over
Posted in FX News | Tagged brown, economic, gordon, not, over, storm, to, warn, yet
Telegraph View: The real struggle following global crisis is yet to come. Read More G20 the storm still rages
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