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 Great Interest Rate Forecast Back Flip
Aug 06 2008
Following yesterday’s RBA statement, the rush is on amongst economists to completely rethink their interest rate forecasts.
The Overnight Report: Uncle Ben Is A Pin-Up Again
Aug 06 2008
Falling oil, positive data and earnings spurred on Wall Street last night. The Fed provided the kicker with a “no change” to rates. The Dow jumped 331 points.
The Overnight Report: Commodity Shakeout
Aug 05 2008
The Dow fell 42 points following big falls in commodity prices including oil, metals and gold.
The Overnight Report: Global Weakness
Aug 02 2008
Weak economic data from Europe, the UK and China added to US woes on Friday despite a slightly better than expected jobs number. The Dow fell 51.
The Overnight Report: Wall Street Squares The Books
Aug 01 2008
A weaker than expected GDP set the tone but half last night’s 200 point fall occurred in the last half hour on end-of-month scrambling.
The Overnight Report: Wall Street Shrugs Off Oil
Jul 31 2008
Oil jumped over US$4 last night but the Dow rallied 186. You don’t see that every day.
The Overnight Report: Toxic CDOs Find A Buyer
Jul 30 2008
The magic price is 22 cents in the dollar, enough to send the Dow up 266 aided by another US$2 fall in oil.
If Oz Rates Come Down, So Too Will The Aussie Dollar
Jul 29 2008
According to GaveKal the Aussie dollar’s strength has been due to its attraction in the carry trade but if rates come down as the economy slows the currency is likely to tumble.
The Overnight Report: More Of The Same
Jul 29 2008
The financial sector led the Dow down 240 points last as the IMF declared no end in sight to housing woes.
The Overnight Report: A Breather
Jul 26 2008
Some better economic data saved Wall Street from further destruction on Friday, although attempts to rally were mostly snuffed out. The Dow closed up 21.
