Friday’s Non-farm Payrolls (+38k vs. expected +160K) hugely undershot market expectations and sparked a sharp reappraisal of US Federal Reserve rate hike expectations; the market looks well justified for not... » Read more
The main highlight this week will be Thursday morning’s (5am) Federal Reserve announcement; the market will be looking for any indication on the likely timing of monetary tightening.
Recent dovish... » Read more
The AUD performed pretty well against all major currencies last week, following healthy Chinese data, strong equity and commodity market performance.
The weekend’s OPEC meeting failed to reach an agreement... » Read more