Market News

Trump took to Twitter again last night, appearing to back pedal slightly on his Syrian rhetoric stating that he had not given a time line for an attack. With this geopolitical uncertainty, dollar gains have been tempered by the potential US-Russian clash over Syria. Dollar gains were sourced from yesterday’s FOMC minutes highlighting that all

Get Ready. With what appears to be level heads agreeing that a trade war would not benefit anyone, markets took a breather after yesterday’s comments from Chinese President Xi Junping easing up on auto tariffs and import policy in China and Trump praising China’s kind words. Geopolitical tensions are now rising on another front with

Despite Chinese president Xi Jinping striking a conciliatory tone in an overnight speech pledging to open China’s economy & “significantly” reduce tariffs on auto imports, the U.S. dollar remains under pressure as trade concerns still weigh heavy on the market’s psyche and last week’s poor employment data has brought doubt concerning future rate hikes.  Today’s

Another quiet overnight session saw the dollar trade within tight ranges against most G7 currency pairs after Friday’s poor employment data pushed the dollar index back towards 90.00.  As markets remain on edge with a possible Sino-American trade war looming we look towards U.S. inflation data due out Tuesday & Wednesday as well as FOMC

Much of the same overnight with the dollar trading within tight ranges for most G7 currencies as markets digest recent China/U.S. tariff exchanges and await headlines/tweets in order to react.  The Dow shrugged off a -500 point open to close the day with a gain prompting positive sessions in Asian & European bourses for the

The Canadian dollar continued its NAFTA based rally breaking below 1.2800 against the U.S. dollar yesterday and in the overnight session as well.  With the White House looking for “a quick win” by aiming to have an agreement on a provisional pact as early as next week it would be considered a political victory for

Most G7 currency pairs have traded within tight ranges in the overnight session once again as markets regain near-full capacity after the Easter long weekend with holidays looming in China & on the Jewish calendar.  Global equity markets remain under pressure as the S&P 500 closed below its 200 day moving average yesterday for the

Extremely quiet overnight session as Europe is closed for Easter Monday and all G7 pairs have traded within very tight ranges.  The only release of note today is U.S. manufacturing numbers due out at 10 AM EST.   The RBA has a rate announcement on Tuesday with no move expected while Australian retail sales will follow

The overnight session was very similar to the previous day’s trading with tight ranges and little activity to speak of.  Canadian GDP is the only data due out today at 8:30 AM EST where a print of 0.1% is anticipated matching the previous month’s reading.  The S&P is still down for the month so rebalancing

The U.S. dollar is broadly higher with month end flows beginning to dominate the landscape as players try to get one step ahead of anticipated thin markets heading into the Easter long weekend.  U.S. equity markets bounced back strongly yesterday and global indices are all in positive territory today with the only release of note