Market Outlook Commentary – 01 March 2019

It was a rather strange day, it seemed as though everything was starting to unravel – trade talks between the US and China have been called into question, Trump and Kim failed to reach an agreement and tension between Pakistan and India added to a pretty sombre mood yesterday.

Market Insight Commentary – 26 January 2018

Market Outlook Commentary – 31 May 2019

The madness continues, the day started with China announcing that they would be putting the purchases of soy beans on hold as the trade war intensifies, the Chinese have been vocal this week and it is clear that they are ready for a fight. Donald Trump responded by telling the US people that negotiations with China are doing well and that the Chinese want a deal – the two leaders are to meet at the G20. It is reported that the US have the ability to double tariffs on China, call me naïve but I am not sure that the two countries are on the same planet – never mind the same page – when it comes to negotiations.

Market Insight Commentary – 25 July 2018

The comments from Trump last week surrounding the strength of the dollar led to a little bit of dollar selling last week. Yesterday though the greenback started fighting back, there was not much on the economic calendar to move the markets and as a result the day was slow, there were some comments from the BOE which had an effect on the GBP but otherwise than that it was what I like to call a flush out day.

Market Insight Commentary – 15 February 2018

Market Outlook Commentary – 23 January 2019

It seems as though Jeremy Corbyn will lobby to anyone that will listen for a 2nd referendum or general election, I feel sorry for the British people – mainly because there main opposition party does not seem to be part of any solution but a big part of the problem. PM May reiterated she is opposed to this and she is also keen to rule out a no-deal Brexit – as this would pose a risk to not working towards a deal.

Market Insight Commentary – 07 May 2018

The market was on tenterhook waiting for the NFP data to be released on Friday, for the past 12 months the Fed has seemed to focus on wage growth as the leading driver in inflation and once again the wage data was slightly softer. This should have been the catalyst for the dollar to collapse, but on second glass the report showed unemployment rate at 3.9% - the importance of this is that the Fed will surely not be able to ignore this much longer and we could see another 2 hikes this year.

Market Insight Commentary – 10 September 2018

Fundamental headlines continue to drive the market as we await the NFP data read today as well as any form of news flow around NAFTA and Brexit that may filter through. I won’t be trading today, as for me the NFP data read is always a lottery as to how the market react and so I would prefer to trade on Monday again, considering we had such a good week I feel this to be the most conservative route. The USDJPY was rather active yesterday and was mostly sold the entire day, a positive correlation to the equity indices. I think that most of the move would have left the market with a feeling that Chinese tariffs will be announced.

Market Insight Commentary – 03 July 2018

The EURUSD tested the 200 bar MA on the 4 hour chart at 1.1688 on the open but it could not get above that level. The price rotated lower and break through the 100 hour MA at 1.1620 before finding some support at 1.1595, an agreement between the CSU leader and the German Chancellor Merkel and this provided a late push for the EURUSD.

Market Outlook Commentary – 15 February 2019

The White House also confirmed last night that a bill would be signed to prevent another government shutdown, there was also confirmation that Trump would likely declare an emergency to get his funding to build the southern border wall. This will probably get challenged in a legal environment, I will say that the lack of negotiation on the side of the Democrats does show a lack of leadership.

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