Currencies

This week ATW’s Jerry Simmons points out AUD strength is a bullish sign for commodities and global equities.

The S&P hit the technically significant 1400 mark last night as Wall Street continues to exhibit confidence in the world’s central banks. Dow up 51. (Accessible only for subscribers before 10:15 AEDT)

With no new news or data to reflect on last night, markets remained positive following Friday’s surge. Dow up 21. (Accessible only for subscribers before 10:15 AEDT)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Market analysts at FXCM suggest the Australian dollar is showing signs of topping out against the US dollar, making a retracement possible.

Draghi can talk the talk but failed to walk the walk last night. Dow down 92. (Accessible only for subscribers before 10:15 AEDT)

Barclays Capital’s analysis of monthly seasonal trends shows equities tend to struggle in August, commodities are mixed and the yen, US dollar and bonds perform better.

The Fed made no policy changes last night but reiterated its willingness to do so, leaving markets back in limbo ahead of tonight’s ECB meeting. Dow down 32. (Accessible only for subscribers before 10:15 AEDT)

This week ATW’s Jerry Simmons takes a look at the EUR/USD and AUD/USD, US and China indices futures, gold and a bit more to boot.

Consensus still has the Fed not moving tonight, while Germany continues to put a potential spanner in the works for the ECB. Dow down 64. (Accessible only for subscribers before 10:15 AEDT)