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: A Breather
Jan 26 2008
The Dow opened up 100 points on Friday before profit-taking kicked in and a steady decline eventually saw a close down 171.
The Overnight Report: Playing The Rescue Package
Jan 25 2008
The Dow managed to add another 100 tenuous points as the Bush Administration steps up its fiscal rescue.
Another Safety Net, Another Bounce
Jan 24 2008
Hopes of a rescue for stricken US bond insurers helped to encourage buyers back into stocks as the Dow turned down 300 into up 300.
Back From The Brink
Jan 23 2008
Wall Street saw what happened in the rest of the world and opened the Dow down 464 points. But the Fed decided to make an emergency rate cut of 75 basis points and the Dow came racing back.
The World Crumbles
Jan 22 2008
Stocks in Asia, Europe and elsewhere suffered huge falls yesterday and overnight as all confidence is lost in the financial sector and the Bush rescue package is seen as inadequate.
Risk Aversion To Limit Aussie Dollar, Yen To Gain In 2008
Jan 10 2008
ANZ Bank and Danske Bank have revised their currency estimates for 2008 and while the US dollar should continue to struggle the yen rather than the Australian dollar is tipped to benefit.
And We End It With An Oracle
Dec 21 2007
The Dow managed to rise 38 points despite weak economic data, spurred on by the tech sector. The Nasdaq was up 1.5%.
China Swoops On Morgan Stanley
Dec 20 2007
The Dow lost 25 points in a volatile but thin session last night, following news the Chinese government had bought into Morgan Stanley.
ECB Floods The Market
Dec 19 2007
The Dow closed up 65 points after the ECB injected no less than US$500bn in two-week credit.
Just Plain Weak
Dec 18 2007
Wall Street’s mood has turned decidedly sombre as fears of a recession gain further traction. The Dow fell 172 points.
