Central Banks Galore
A busy day/night for central bank meetings with the Bank of Canada tonight, into the Reserve Bank of New Zealand tomorrow morning. Throw in some Australian RBA board members speaking and the general...
View ArticleLooking Forward, Looking Back
Looking Back: Asian markets woke up to news that as expected, the Reserve Bank of New Zealand has cut its official cash rate by 0.25% to 2.75%. With the cut widely expected and therefore largely priced...
View ArticleCable's Reaction to the BoE
Overnight the Bank of England voted 1-0-8 (increase-decrease-hold) as expected and kept interest rates on hold at 0.5%. Taking a wait and see approach was the preferred option as the bank lowered its...
View ArticleWhen September Comes and the Japanese Juggles
When September Comes: The epic Janet Yellen cartoon from Bidness Etc welcomes you to September FOMC week! Yes, it’s finally here. Recent market turmoil has meant that markets are now only pricing in a...
View ArticleDo the AUD ‘Turnbull Bounce'
Do the AUD Turnbull Bounce: So just like that, Australia has new Prime Minister! Welcome ex Goldman Sachs executive director, Malcolm Turnbull. Whether you agree that it is right for backroom politics...
View ArticleJanet Yellen: A Face you can Trust
A Face you can Trust: As the Federal Reserve prepares to raise interest rates for the first time since 2006, I cant help but laugh at the multitude of faces that Fed Chair Janet Yellen gives the media....
View ArticleThe Fed's Inflation Complication
With all eyes on tonight’s FOMC decision as to whether the Fed will in fact hike rates and change any monetary policy projections, this morning’s daily market update will be a short one just looking at...
View ArticleFed Goes Cold, on Hold
In a widely expected move, the US Federal Reserve left its benchmark interest rate unchanged overnight, forgoing the opportunity to make its first increase in more than 9 years. Instead the Fed decided...
View ArticleA Victory of the People while Uncertainty Trumps Cheap Money
A Victory of the People: Alexis Tsipras’ left-wing Syriza party has cruised into government at elections held this weekend in Greece. After polling suggested a tight race in which Tsipras was no...
View ArticleFed Speaker Fever
THE NEW VANTAGE FX WEBSITE IS LIVE!: Check out the clean, re-designed Vantage FX website which features a streamlined sub-page design to get the facts fast. Open an account with Vantage FX and...
View ArticleVolkswagen Vexation and the Euro in Play
Volkswagen Vexation: The major story with market implications overnight has come out of Germany, with Auto conglomerate Volkswagen revealing that 11 million of its diesel cars worldwide are equipped...
View ArticleDraghi and ‘de DAX'
Draghi: Overnight saw ECB President Mario Draghi speaking on monetary policy before the European Parliament’s Economic and Monetary Committee in Brussels. Going by Mr Draghi’s high personal...
View ArticleJanet Yellen Health Scare
Chair of the US Federal Reserve, Janet Yellen is okay after receiving medical attention at a speaking event at the University of Massachusetts, Amherst. Yellen struggled to finish her speech and after...
View ArticleCatalan Independence: Is it a Big Deal?
Over the weekend, Separatist parties won an absolute majority of seats in Catalonia’s regional parliamentary elections. Regional independence is an issue that has divided Spain for decades and this...
View ArticlePlaying the Ranges
Forex market volumes mildly ticked over last night, with the Yen and Euro catching a bid while the commodity currencies continued to see decent selling. US stocks continued to buck the US Dollar...
View ArticleA Look at Relative USD Performance
Mimicking the calendar, Forex price action has experienced a relatively quiet start to the week. But with tonight’s data sure to throw up a few surprises as well as today being the final day of the...
View ArticleEnd of Quarter Indices Squaring
Another quarter down and the run into Christmas is now in sight! While not the greatest result overall for stock indices, the day traders were thrown a bone overnight with some nice little rallies in...
View ArticleNFP Friday Scenarios
Another quarter down and following last week’s Fed remarks on October being in play, tonight’s NFP number takes on added significance. The September jobs report number is expected to show that the US...
View ArticleFed Unable to Help the RBA
NFP Misses: Back on deck and refreshed after the NSW (Australian) Labour Day public holiday Monday. Summer has arrived early in Sydney, with the weekend an absolute scorcher! It was definitely good to...
View ArticleBoJ Unchanged while the Buck Splutters
Ah the cherry blossom filled Japanese countryside. So peaceful… Now lets ruin it with some currency talk shall we! Yesterday saw the Bank of Japan leave monetary policy unchanged, giving a slight boost...
View Article