Stocks and Indices

Jobless Claims, NFP 

What means positive data for USD By: Ahura Chalki Market analyst – IFC Markets Based on published data earlier today, the US jobless data during last week fell to a new post-pandemic low of 498,000 from 590,000 of the previous week’s claims, signaling better US economic recovery. But the negative side of the report was in continuing […]Read More

Daily Market Review

Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are stable. In the FX market, DXY gained momentum as Mrs. Yellen started […]Read More


FX Update – January 18 – USD Holds on to

By: Stuart Cowell USDindex, H1 The USD index has posted a one-month high at 90.88, which sets up the potential for a third consecutive up week, something that hasn’t been seen since January last year. Other currencies have mostly softened, especially the dollar bloc and other cyclical currencies as global stock markets have continued to […]Read More


Inflation, FED and Market odds

  By: Andria Pichidi Today’s US February CPI report beat estimates with a 0.1% headline and a 0.2% core gain, with increases that rounded from a restrained 0.089% for the headline but a sturdy 0.223% for the core. The outcome showed the largely expected big energy price drop of -2.0%, but a 0.4% rise for food […]Read More


USD in demand at the start of the new trading

  By: Stuart Cowell USDJPY, H1 The Dollar and most other currencies have been stable in quiet early-week trading so far. This came with the main Chinese equity indices posting 2%-plus gains after China’s Finance Minister said on Sunday that Beijing would roll out targeted and phased tax and fee cuts and with the PBoC […]Read More


FX Update – A weaker Yen & Stronger Kiwi today

  By: Stuart Cowell USDJPY, H1 The Yen remained soft while the Dollar bloc currencies extended recent gains as risk appetite in global markets held up, with a reported dip in new coronavirus (now Covid-19)cases in China being tonic for investors. Wall Street yesterday saw fresh record highs, while the MSCI Asia-Pacific equity index rose by […]Read More


FX Update – USD continues to ease

  By: Stuart Cowell USDindex, H1 The dollar majors have been seeing typically narrow early-week ranges in quite year-end-approaching conditions. The narrow trade-weighted USD Index (DXY), at 96.97, was showing a 0.2% decline heading into the London interbank open, correcting about half the gain seen on Friday. The Index has been trending lower over the […]Read More


FOMC Preview

  By: Stuart Cowell FOMC Preview No policy changes or surprises are expected with today’s announcement (19:00 GMT) and Chair Powell’s press conference 30 minutes later. It will be interesting to see if, as expected, the voting is unanimous this time round. The FOMC members have expressed significant differences of opinion during 2019 as three […]Read More

Stocks and Indices

Equities Erase September’s Gains

  By: Stuart Cowell GER30, H1 The US ISM fell sharply to a 47.8 new expansion-low in September from a 3-year low of 49.1 in August, leaving a second consecutive reading in the sub-50 contraction zone. The prior expansion-low was 48.0 in January of 2016. The jobs index fell to 46.3 from 47.4 in August, […]Read More