MarketPulse

Asian equities take their cue from higher US marketsAsian equity markets are set for a healthy day today after the great rotation trade sweep European and American stock markets overnight. Nowhere was...

Biden win boosts equity marketsEquity markets are on fire today following the US elections being called for Joe Biden. Mr Biden is perceived as being more friendly for trade, and with the...

US dollar retreats as regular service resumesThe US dollar index finished just 0.12% lower at 93.44 yesterday, but that belied the volatile nature of election day trading. The G-10 currencies traded...

US equity markets jump, Asia also higherThe blue wave buy everything trade’s momentum continued overnight. Following a strong showing by Asia yesterday, European and American markets piled into...

Oil stages an impressive rallyThe tail-chasing noise was there for all to see overnight, reaching eardrum splitting decibels. The robust US Manufacturing PMI triggered a squeeze of recent short...

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...