Market News

USD hit a brick wall on Friday following the GDP miss…

The recent recovery in the USD hit a brick wall on Friday following the GDP miss and market disappointment in BoJ policy action. The USD Index found support around 95.20... » Read more

EUR is starting to look fairly sick…

The recent recovery in the USD is also being accompanied by a pullback in commodity prices, which is in turn applying pressure to the AUD.   The EUR is starting... » Read more

Attempted Coup in Turkey resulted in demand for the Greenback

The attempted Coup in Turkey resulted in demand for the Greenback, and concerns that the Nice attacks will support Marianne Le Pen’s National Front election hopes to put pressure... » Read more

UK Prime Minister Will Be Theresa May…

Theresa May looks set to become the new Prime Minister of the United Kingdom after her only challenger (Andrea Leadsom) dropped out the two-horse race. Sterling and stocks rallied... » Read more

Bank of England are expected to cut interest rates to 0.25%…

The AUD rallied on a general rally in risk appetite on Friday following the strong Non-Farm Payrolls release. We remain concerned that liquidity fuelled asset prices will ultimately come... » Read more

RBA left rates on hold at 1.75% as expected today.

RBA left rates on hold at 1.75% as expected today. However, left the door open to monetary policy adjustments as more information comes to light. Perhaps key is that... » Read more

Central Banks have flooded global markets with liquidity…

Despite geopolitical uncertainty across the globe, risk assets rallied into the weekend as central bank liquidity continues to prop up asset prices.   Rochford as a house is growing increasingly concerned... » Read more

BREXIT IN BRIEF…

On Friday morning the UK public voted 52% to 48% in favour of leaving the European Union, the immediate political fallout has resulted in David Cameron handing in his... » Read more

This week will be all about Brexit…

This week will be all about Brexit, with the latest polls suggesting the Remain campaign have a slight edge. The murder of Jo Cox has tarnished the leave vote... » Read more

Equity markets across the globe are increasingly showing signs of fatigue…

Equity markets across the globe are increasingly showing signs of fatigue as risk appetite waves on approach to several key events over the coming weeks. The UK referendum is increasingly looking... » Read more