Currencies
Trump Inauguration Takes Centre Stage
Market analysts at FXCM asses likely responses in major currencies and the gold price as the Trump presidency looms.
Jan 17 2017
May Slays The Pound
The British pound has tanked again ahead of Theresa May’s Brexit plan speech. Whereto from here?
Jan 16 2017
ECB: Alice In Wonderland
Kathleen Brooks of City Index dissects some of the bizarre implications stemming from late night’s ECB policy announcements.
Dec 09 2016
Previous Stories
The Overnight Report: TARP Torpor
Nov 13 2008
Hank Paulson announced last night the US government had now decided not to buy toxic mortgage assets from banks. The Dow fell 400 points.
The Overnight Report: No Peace
Nov 12 2008
It was another volatile session on Wall Street for Veterans Day as the Dow whipped around to eventually close down 176.
The Overnight Report: China Fails To Stimulate
Nov 11 2008
An early 200 point rally fuelled by Chinese stimulus failed to hold last night as the Dow drifted to be down 73 on the close.
The Overnight Report: Some Relief
Nov 08 2008
The Dow rallied 248 points on Friday on a not completely devastating jobs number and some encouraging talk from the new boy. (Locked for subscribers until 10:00 AEDT Monday)
The Overnight Report: The Negative Feedback Loop
Nov 07 2008
The Dow fell 443 points last night following more weak data and shenanigans across the pond.
The Overnight Report: Sell The Fact
Nov 06 2008
After several days of rally, Wall Street took profits last night as an historic new administration was ushered in. The Dow fell 486 points.
The Overnight Report: Oh Rally
Nov 05 2008
As the longest election campaign in history comes to a close Wall Street has wasted no time in expressing relief. Last night the Dow gained 300 points and commodity prices surged.
The Overnight Report: Calm Before The Vote
Nov 04 2008
The Dow did not move triple digits in either direction last night as Wall Street awaits the election outcome. It closed down a mere 5 points.
US Dollar Frenzy Won’t Last Forever
Nov 03 2008
With global investors forced to buy USD to cover losses in USD assets, the clear winner has been the USD itself, but markets will normalise.
Westpac Spots Over-Reactions In FX Markets
Nov 03 2008
According to Westpac forex markets have adjusted for current economic conditions but some currencies have moved too far or not enough, creating some opportunities.
