MarketPulse

US Manufacturing PMI sends US and Asia markets higherThe impressive outperformance by the US Manufacturing PMI overnight, rising to 59.3, lifted pre-election spirits on Wall Street. The data was all...

The answer is almost! The most divisive election in Western democratic history commences today as those Americans who haven’t voted head to the polls. Results will start flowing in through the...

Profit-taking on oil sets in on US employment nervesWith oil’s upward momentum stalling after both contracts broke monthly resistance this week, it wouldn’t have taken a lot for investors...

What crazy times we live inStock markets are back in the red on Tuesday afer Wall Street endured a shaky start to th week and oil left everyone gobsmacked as it ventured into uncharted territory. Oil...

My days increasingly begin with the phrase “where do I start?” Jumping in: it is clear that the dislocation of pricing across forex, oil and precious metals markets overnight, is pointing...

That Didn’t Last LongEnormous stimulus packages from the UK and US governments managed just a single day bounce in equity markets, with those gains having already been wiped out in Europe. The...

That call appears to be finally heeded by governments around the world. Globally, from New Zealand to Spain, impressively large fiscal packages are being rolled out to mitigate the effects of the...

Central Banks around the world appear to be about to deploy more large caliber monetary weaponry than an NRA convention. Both the Federal Reserve and Reserve Bank of New Zealand have enacted emergency...

Unless you were living on Mars—and in these days of connectivity that’s no excuse—you could not have missed the carnage that swept across financial markets overnight, driven by...

The legions of Optimism-20 virologists and epidemiologists were out in force overnight on Wall Street. After much academic debate based on their years of experience in the field, they came to the...

The Federal Reserve pricked the bubble of a nascent equity recovery overnight, with the FOMC leaving both rates and its forward guidance unchanged. A passing mention that it was monitoring...

Wall Street’s New Year’s resolution to eat a more plant-based diet paid dividends yesterday (sic), with investors gleefully consuming Apple's (NASDAQ:AAPL) latest results, sending its...

The rotation into haven positioning, seen in the holiday-thinned Asian markets yesterday, gathered momentum overnight. Fears about the global impact on economic growth, due to the Wuhan virus...

The sense of serious concern about the economic effects of the Wuhan virus—evident on Wall Street last Friday—has turned into something approaching panic in Asia this morning. China has...

The United States reported its first case of the Wuhan coronavirus overnight, an America First development that neither President Trump, nor U.S. financial markets wanted. With Asia on the back foot...

U.S. markets are closed today for Martin Luther King Day, and this will likely take the edge off activity in Asian markets as the week starts. That didn’t stop Wall Street setting another set of...