Market News

Commodity market performance likely to be a key AUD driver this week…

Although the AUD gave up some of its gains last week, it still appears relatively well supported especially in the context of equity and commodity market stability. Locally there is... » Read more

AUD starting to show signs of exhaustion…

The AUD has been the stellar performer of the last month, however it is starting to show signs of exhaustion in most pairs and we would not be surprised... » Read more

Risk assets rallied last week…

Risk assets rallied last week, as ultra loose monetary policy fuels the search for yield, putting the Greenback on the back foot. We remain concerned that there has been little... » Read more

Risk appetite and commodity…

Risk appetite and commodity prices enjoyed a resurgence last week and this in turn supported the AUD, and although there maybe more to go in the short term underlying... » Read more

The AUD continues to hold up relatively well…

The AUD continues to hold up relatively well despite fluctuating risk appetite. This week the RBA are once again expected to leave rates on hold and reiterate that the inflationary... » Read more

Currency market volatility set to continue…

Rochford is excited to announce the launch of a new Treasury Accounting  practice headed by Kevin Mitchell.  Kevin is an experienced accounting professional whose experience in hedge accounting and treasury management... » Read more

Fluctuating risk appetite remains the dominant market…

Fluctuating risk appetite remains the dominant market theme led by fears over an impending financial crisis, credit default swaps (CDS) on Deutsche and Barclays have rallied in excess of... » Read more

After a strong finish to January…

After a strong finish to January, gains for the AUD were broadly pegged back last week, particularly versus the Yen as risk aversion dominated. We often use the S&P 500... » Read more

The RBA have left…

The RBA have left interest rates unchanged at 2.00%. The Key sentence being; “Over the period ahead, new information should allow the Board to judge whether the recent improvement in... » Read more

We could well be in for a volatile…

We could well be in for a volatile week, following the BoJ decision the market will be looking for any signs of stimulative action by other Central Banks, with... » Read more