Markets

Chinese stocks tumble to multi-year lows

If you thought the losses on Wall Street were massive overnight, take a look at the scoreboard below of how Chinese stocks are faring on Thursday. Shanghai Composite 2,607.44 , -4.34% SSE50 2,410.88 , -3.33% Shenzhen Composite 1,306.69 , -5.52% CSI300 3,150.21 , -4.00% CSI500 4,350.11 , -6.04% Hang Seng […]
Chinese stocks tumble to multi-year lows
Markets

US bond yields are tumbling in Asia

After hitting a high of 3.244% on Wednesday, benchmark US 10-year government bond yields are tumbling in Asia, recently falling to session lows of 3.148%. They currently trade at 3.15%. The decline reflects safe haven demand at a time when stocks across are tumbling across the world, and may be […]
US bond yields are tumbling in Asia
Markets

The Australian dollar has been slammed

The Australian dollar tumbled on Wednesday, moving back towards multi-year lows struck earlier in the month. US and European stocks were hammered, while volatility surged, explaining the Aussie’s performance. US CPI data will be released later in the session. It carries the potential to amplify or reverse the market moves […]
The Australian dollar has been slammed
Markets

The Australian dollar continues to grind higher

The Australian dollar recovered from earlier losses to close Tuesday’s trading session higher, repeating the price action seen one day earlier. A slight pullback in US bond yields, along with strong gains in emerging market currencies and commodities and dovish commentary from US President Donald Trump, largely explains the Aussie’s […]
The Australian dollar continues to grind higher
Markets

US bond yields continue their relentless move higher

US bond yields are lifting again following a market holiday on Monday. Despite the increase in yields, it has not had a major impact on Asian financial markets as yet. Chinese stocks are trading mixed after being slammed lower on Monday. The Chinese yuan is also fractionally stronger against the […]
US bond yields continue their relentless move higher
Markets

The Australian dollar has snapped its losing streak

The Australian closed higher on Monday, registering its first gain in over a week. The AUD/USD had fallen to fresh multi-year lows earlier in the session on the back of a sharp plunge in Chinese stocks and yuan. There’s very little on the economic calendar on Tuesday, paving the way […]
The Australian dollar has snapped its losing streak
Markets

Chinese stocks are getting walloped

Chinese stocks have been hammered upon the resumption of trade following a week-long holiday. Large-cap stocks in Shanghai have shed close to 4% despite moves from Chinese policymakers to shore up economic growth. The onshore Chinese yuan has also fallen sharply, mirroring a similar move in the offshore traded yuan […]
Chinese stocks are getting walloped
Markets

Westpac says the worst of the Aussie dollar’s falls are over

Westpac Bank says the worst of the Aussie dollar’s falls are now over. It is forecasting that the Aussie will bottom around .7000 against the US dollar before recovering slightly to .7200 by the end of 2019. The bank says the US Federal Reserve’s tightening cycle will end sooner and […]
Westpac says the worst of the Aussie dollar’s falls are over
Markets

The Australian dollar continues to languish at multi-year lows

The Australian dollar continues to languish at multi-year lows against the greenback. On Sunday, China’s central bank announced that it will cut the required reserve ratio (RRR) by 100 basis points for some Chinese lenders from October 15. Chinese financial markets will reopen after a week-long holiday and will likely […]
The Australian dollar continues to languish at multi-year lows
Markets

The NAB says the Aussie dollar’s slide may not be over yet

The NAB says the Australian dollar could soon fall through 70 US cents. It says there’s now a very real threat the United States will announce 25% tariffs on all Chinese imports. The bank is forecasting the AUD/USD to end 2018 at .7100 before gradually lifting back to .7500 by […]
The NAB says the Aussie dollar’s slide may not be over yet
Markets

The lower Australian dollar is helping to boost the tourism sector

The Australian dollar has fallen to a 2.5 year low against the greenback. It also fallen heavily against most other major currencies. The lower currency, along with firmer global economic growth, has helped to boost the value of Australian services exports, particularly for tourism. Macquarie Bank estimates that a sustained […]
The lower Australian dollar is helping to boost the tourism sector
Markets

The Australian dollar sinks to new lows

The Australian dollar fell to the lowest level since February 2016 on Thursday. Higher bond yields, steep declines in stocks and some commodities as well as renewed geopolitical jitters ensured the Aussie remained under pressure. Australian retail sales for August will be released today, as will US non-farm payrolls for […]
The Australian dollar sinks to new lows
Markets

Global bond yields just exploded

US bond yields rose across the curve on Wednesday, hitting multi-year highs in the process. Strong US economic data was the catalyst with service sector activity improving at the second-fastest pace on record while hiring in the private sector surged in September. The lift in US yields helped to fuel […]
Global bond yields just exploded
Markets

The Australian dollar’s getting smoked

The Australian dollar has been smoked, tumbling against most major crosses on Wednesday. It’s now threatening to hit fresh multi-year lows against the greenback. The catalyst behind the move was a spike in US bond yields following the release of strong US economic data. This helped propel the US dollar […]
The Australian dollar’s getting smoked
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,828.39 +54.45 (+0.20%) S&P 500: 2,925.51 +2.08 (+0.07%) AUD/USD: 0.7102 -0.0083 (-1.15%) ASX200 SPI futures (September contracts): 6,152 (+9) 1. The Dow hit another all-time high overnight, and the S&P 500 flirted with a record close, as Wall Street eyed robust economic data. US […]
6 things Australian traders will be talking about this morning
Markets

The Aussie dollar is tumbling as concerns about emerging markets resurface

The Australian dollar came under renewed selling pressure on Wednesday, driven lower by heightened investor concerns surrounding Italy’s fiscal position and another ugly session for emerging markets in Asia. The AUD/USD fell to as low as .7162, a two-week low. The performance of emerging markets in Asia will likely dictate […]
The Aussie dollar is tumbling as concerns about emerging markets resurface
Markets

6 things Australian traders will be talking about this morning

Stocks were mixed Tuesday, with the Dow closing at record highs, as trade tensions eased and after Italy quarreled with the European Union over its budget. Facebook weighed on the tech-heavy Nasdaq, days after the social-media giant announced a major security breach. The dollar jumped against a basket of peers, […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Stocks were mostly higher Monday, paring some earlier gains, after the US reached a trade deal with Mexico and Canada. The US dollar and US Treasury yields jumped. Here’s the scoreboard: Dow: 26,651.21 +192.9 (+0.73%) S&P 500: 2,924.59 (+0.36%) AUD/USD 0.7223 -0.0005 (-0.07%) ASX200 SPI Futures (Dec Contract): 6,167 (+7) […]
6 things Australian traders will be talking about this morning
Markets

Japan’s Nikkei 225 just closed at the highest level in decades

Japan’s Nikkei 225 share index surged on Friday, closing at the highest level since November 1991. Along with modest gains in European and US markets on Thursday, stocks were undoubtedly helped by continued weakness in the Japanese yen which hit the lowest level against the greenback since December 2017. The […]
Japan’s Nikkei 225 just closed at the highest level in decades
Markets

The Australian dollar is tumbling

The Australian dollar fell sharply on Thursday against the US dollar, sliding back towards 72 cents. Weakness in the euro helped to spur buying in the greenback, pushing most major currencies lower. There’s a busy economic calendar scheduled on Friday with major releases coming from Australia, Europe and the United […]
The Australian dollar is tumbling
Markets

It’s been a wild ride for the Aussie dollar in the past 24 hours

The Australian dollar went on a wild ride on Wednesday. However, despite all the volatility, it finished the session largely unchanged against the US dollar. The US Fed raised interest rates by 25 basis points as expected. It continues to see another rate hike this year and another three in […]
It’s been a wild ride for the Aussie dollar in the past 24 hours
Markets

The RBNZ could cut rates again if economic growth fails to improve

The RBNZ kept its overnight cash rate steady at 1.75% in September, as expected. The bank is looking for stronger economic growth to help boost inflationary pressures. However, if that doesn’t happen, it could still cut interest rates again, noting the next move “could be up or down”. Its base […]
The RBNZ could cut rates again if economic growth fails to improve
Markets

The New Zealand dollar is on the charge

The New Zealand dollar is moving higher in Asia on news Kiwi businesses were less gloomy in September. Business confidence had fallen to the lowest level since 2008 in August, a period when the economy was in recession. The Reserve Bank of New Zealand will announce its September interest rate […]
The New Zealand dollar is on the charge
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,492.21 -69.84 (-0.26%) S&P 500: 2,915.56 -3.81 (-0.13%) AUD/USD: 0.7248 -0.0002 (-0.03%) ASX200 SPI futures (December contracts): 6,186 (+6) 1. US stocks were mixed overnight as the Federal Reserve kicked off its two-day policy meeting. Ahead of tonight’s all-important rates announcement (4am AEST), US […]
6 things Australian traders will be talking about this morning
Markets

The rebound in the Australian dollar is over — for now

The Australian dollar fell heavily on Monday, weighed down by renewed concern over trade negotiations between China and the United States. Along with the Kiwi dollar, it was among the worst performing major currencies during the session. The data calendar is quiet both domestically and abroad today, pointing to the […]
The rebound in the Australian dollar is over — for now
Markets

The Australian dollar is under pressure again

The Australian dollar has fallen heavily in early Asian trade on Monday, losing ground against most of the major crosses./strong> News that trade negotiations between the US and China have broken down may explain the sudden burst of selling. Japanese and Chinese markets are closed for public holidays today. The […]
The Australian dollar is under pressure again
Markets

The Australian dollar hits a 3-week high

The Australian dollar finished mixed on Thursday, gaining against the greenback, yen and Canadian dollar but falling back against the Kiwi, pound and euro. More broadly, sentiment was helped by renewed US dollar weakness and signs that China could lower trade barriers for most of its major trading partners in […]
The Australian dollar hits a 3-week high
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,405.76 +158.80 (+0.61%) S&P 500: 2,907.95 +3.64 (+0.13%) AUD/USD: 0.7263 +0.0044 (+0.61%) ASX200 SPI futures (December contracts): 6,182 (-4) 1. US stocks rose again overnight, as markets continued to shrug off the latest escalations in the US-China trade war and attention turned to some […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar is higher across the board

The Australian dollar rallied across the board on Tuesday, defying an escalation in trade tensions between China and the United States. Short covering may have contributed to the Aussie’s surprisingly resilient performance. The economic data calendar is quiet both at home and across the Asian region on Wednesday, pointing to […]
The Australian dollar is higher across the board
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,246.96 +184.84 (+0.71%) S&P500: 2,904.31 +15.51 (+0.54%) AUD/USD: 0.7220 +0.0002 (+0.03%) ASX SPI futures (September contracts): 6,195 (+28) 1. China has placed tariffs on $US60 billion worth of American products in a tit-for-tat response to the Trump administration’s latest round of sanctions. Markets were […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar hits another multi-year low

The Australian dollar tumbled to fresh multi-year lows on Tuesday before rallying higher into the close. It’s late recovery was helped by strength in US stocks, a surge in crude oil prices and optimism over trade negotiations between the US and Canada. The data and events calendar is quiet on […]
The Australian dollar hits another multi-year low
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,971.06 +113.99 (+0.44%) S&P500: 2,887.89 +10.76 (+0.37%) AUD/USD: 0.7118 +0.0003 (+0.04%) ASX SPI futures (September contracts): 6,162 (-14) 1. US markets put aside lingering trade fears overnight, as the big tech companies resumed their rally and energy stocks rose after a spike in oil […]
6 things Australian traders will be talking about this morning
Markets

A continuing fall in the Australian dollar could turbocharge the economy

The Australian dollar has fallen over 12% against the greenback, and by 8% in trade-weighted terms, since late January. Macquarie Bank says the decline, if sustained, could add 1-1.75 percentage points (ppts) to Australian economic growth over two to three years. It could also boost export revenues, and inflationary pressures. […]
A continuing fall in the Australian dollar could turbocharge the economy
Markets

The Australian dollar is teetering as traders await tariff headlines

The Australian dollar remains near the lowest level in over two years. It lost further ground against the euro and UK pound on Monday on positive Brexit headlines. Macquarie Bank strategists say the AUD/USD could fall to 70c in the coming days, depending on tariff and Chinese data headlines. The […]
The Australian dollar is teetering as traders await tariff headlines
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,857.07 -59.47 (-0.23%) S&P500: 2,877.13 +5.45 (+0.19%) AUD/USD: 0.7112 +0.0007 (0.02%) ASX SPI futures (September contracts): 6,139 (+2) 1. US stocks edged higher overnight in a quiet session on global markets, as the S&P500 ended a four-day losing streak. ASX futures are flat and […]
6 things Australian traders will be talking about this morning
Markets

The performance of major asset classes so far this year, in one chart

2018 has been a tough year for many investors, especially those in emerging markets. This chart from JP Morgan shows why. It looks at the year-to-date returns of specific asset classes from both developed and emerging markets. In contrast to US stocks and dollar which have risen strongly this year, […]
The performance of major asset classes so far this year, in one chart
Markets

The Australian dollar tumbles to its lowest level in over 2 years

The Australian dollar has fallen to its lowest level in over two years, both against the greenback and in trade-weighted terms. The latest selloff coincided with strong US economic data and increased trade tensions between the United States and China. Geopolitics will likely dictate the Aussie’s movements this week, rather […]
The Australian dollar tumbles to its lowest level in over 2 years
Markets

‘BUCKLE UP’: Why it could be a wild session for the Australian dollar

The Australian dollar stabilised on Thursday, finishing mixed against the crosses. The AUD/USD continues to receive support on any dip towards the .7150 level. New US tariffs on Chinese imports could be announced as soon as today. US non-farm payrolls for August will also be released. The Australian dollar stabilised […]
‘BUCKLE UP’: Why it could be a wild session for the Australian dollar
Markets

6 things Australian traders will be talking about this morning

Good morning and happy Friday. To the scoreboard: Dow: 25,995.87 +20.88 (+0.08%) S&P500: 2,878.05 -10.55 (-0.37%) AUD/USD: 0.7197 +0.0007 (+0.10%) ASX SPI futures (September contracts): 6,120 (-25) 1. US stocks edged lower overnight as this week’s tech selloff continued, while lingering trade fears weighed on sentiment. And it’s looking like […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar remains pressured despite a bumper GDP report

The Australian dollar has given back earlier gains on Wednesday to close mixed against the major crosses. It hit a fresh 20-month low against the greenback before climbing higher late in the session as some emerging market currencies stabilised. Australian trade data will be released on Thursday. The US data […]
The Australian dollar remains pressured despite a bumper GDP report
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,974.99 +22.51 (+0.09%) S&P500: 2,888.60 -8.12 (-0.28%) AUD/USD: 0.7193 +0.0014 (+0.20%) ASX SPI futures (September contracts): 6,190 (-25) 1. European markets followed Asian stocks lower overnight, but falls on the S&P500 were relatively muted despite a sharp selloff in tech stocks as US Congress […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar has been belted again

The Australian dollar was belted again on Tuesday, falling to a fresh multi-year low against the greenback. Broad-based US dollar strength — fuelled by safe haven buying and strong economic data — did the damage. The economic calendar is busy on Wednesday both at home and abroad. The headline act […]
The Australian dollar has been belted again
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,952.48 -12.34 (-0.05%) S&P500: 2,896.72 -4.80 (-0.17%) AUD/USD: 0.7178 -0.0036 (-0.50%) ASX SPI futures (September contracts): 6,262 (-18) 1. US markets reopened overnight and the USD got back on the move, as manufacturing activity in the US surged to its highest level in 14 […]
6 things Australian traders will be talking about this morning
Markets

Deutsche Bank thinks the Kiwi dollar should be weaker against the Aussie

The New Zealand dollar has been walloped this year, losing over 11% against the greenback since February. Business confidence has fallen to recession-like levels, increasing fears over a sharp decline in business investment. Deutsche Bank says caution is warranted when interpreting the plunge in business confidence. However, it still sees […]
Deutsche Bank thinks the Kiwi dollar should be weaker against the Aussie
Markets

The Australian dollar is crumbling

The Australian dollar has opened the new trading week at the lowest level since early January 2016. The AUD/USD has now lost 11.6% from late January. A raft of major Australian economic data will be released today, although it’s debatable just how much of an impact it will have on […]
The Australian dollar is crumbling
Markets

The Australian dollar is getting beaten up. Again.

The Australian dollar fell for a third consecutive session on Thursday, and is not far away from the multi-year lows struck earlier this month. Weak Australian economic data, another plunge in emerging market currencies and renewed trade concerns surrounding the United States and China all contributed to the Aussie’s weakness. […]
The Australian dollar is getting beaten up. Again.
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,986.92 -137.65 (-0.53%) S&P500: 2,901.13 -12.91 (-0.44%) AUD/USD: 0.7267 -0.0043 (-0.59%) ASX SPI futures (September contracts): 6,336 (+12) 1. After a week of positive US trade news, US stocks fell overnight following reports the Trump administration could follow through with tariffs on another $US200 […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,124.57 +60.55 (+0.23%) S&P 500: 2,914.04 +16.52 (+0.57%) AUD/USD: 0.7313 +0.0003 (+0.04%) ASX200 SPI futures (September contracts): 6,355 (+18) 1. Strong economic data and optimism for easing global trade tensions powered the S&P 500 and Nasdaq Composite to touch record highs for a fourth […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar rally has run out of puff

The Australian dollar fell modestly on Tuesday, succumbing to profit taking following two days of solid gains. Strategists at the NAB put the weakness down to disappointment over progress in trade negotiations between the United States and China. All of the major economic events on Wednesday arrive in the second […]
The Australian dollar rally has run out of puff
Markets

The Australian dollar continues to climb

The Australian dollar continued to climb on Monday, adding to Friday’s substantial gains. A breakthrough in trade negotiations between the United States and Mexico helped to drive gains in risk assets, including the Aussie. The economic calendar is quiet in Asia, likely ensuring sentiment will be dictated by the performance […]
The Australian dollar continues to climb
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 26,049.64 +259.29 (+1.01%) S&P 500: 2,896.74 +22.05 (+0.77%) AUD/USD: 0.7348 +0.0023 (+0.32%) ASX200 SPI futures (September contracts): 6,264 (+28) 1. ASX futures are pointing higher after the US and Mexico reached a preliminary deal on a modernised version of the NAFTA trade agreement. The […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar just logged its largest gain in a year

The Australian dollar rallied across the board on Friday, supported by strength in the Chinese yuan and weakness in the greenback. At 1.1%, the AUD/USD’s daily gain was the largest since August 16, 2017. The economic data calendar is quiet today, likely ensuring there’ll be plenty of attention on the […]
The Australian dollar just logged its largest gain in a year
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,451.06 -76.01 (-0.30%) S&P 500: 2,856.98 -4.84 (-0.17%) AUD/USD: 0.7251 -0.0097 (-1.31%) ASX200 SPI futures (September contracts): 6,240 (+19) 1. The Aussie dollar got hammered again overnight, after falling below US73 cents yesterday amid the ongoing political chaos in Canberra. As at 7am AEST […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,733.60 -88.69 (-0.34%) S&P 500: 2,861.82 -1.14 (-0.04%) AUD/USD: 0.7349 -0.0022 (-0.30%) ASX200 SPI futures (September contracts): 6,253 (+17) 1. US stocks closed lower overnight as the S&P500 hit its 3,453rd day without a major correction — the longest bull market in history. Strong […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,162.41 -137.51 (-0.54%) S&P500: 2,818.37 -21.59 (-0.76%) AUD/USD: 0.7240 +0.0001 +0.01% ASX SPI futures (September contracts): 6,241 (-50) 1. The heavy falls in Chinese stocks yesterday weighed on US markets overnight. Technology and energy companies took the biggest hits after Hong Kong-based internet giant […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,299.92 +112.22 (+0.45%) S&P500: 2,839.96 +18.03 (+0.64%) AUD/USD: 0.7240 -0.0029 (-0.40%) ASX SPI futures (September contracts): 6,239 (-7) 1. After a sharp sell-off slashed more than a fifth of its value, Turkey’s currency began to rebound. But structural issues behind the ailing economy and […]
6 things Australian traders will be talking about this morning
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,187.70 -125.44 (-0.50%) S&P500: 2,821.93 -11.35 (-0.40%) AUD/USD: 0.7274 -0.0010 (-0.18%) ASX SPI futures (September contracts): 6,205 (+5) 1. The fallout from the selloff in the Turkish lira continued to unsettle global markets overnight, although falls for US and European stocks were relatively limited. […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar is getting hosed

The Australian dollar tumbled back below US74c in overnight trade on continued strength in the US dollar, during a busy session on currency markets. Around 7am AEST the Australian dollar fell as low as 0.7372, its lowest point for the week and 0.7% down for the session. The greenback has […]
The Australian dollar is getting hosed
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,502.18 +39.60 (+0.16%) S&P 500: 2,850.40 +10.05 (+0.35%) AUD/USD: 0.7386 -0.0002 (-0.03%) ASX200 SPI futures (September contracts): 6,211 (+3) 1. Oil prices edged higher after Saudi Arabia unexpectedly cut production in July. The move also followed news that US sanctions against Iran are snapping […]
6 things Australian traders will be talking about this morning
Markets

The Australian dollar remains choppy and directionless

The Australian dollar remains choppy and directionless, falling modestly on Wednesday after rising slightly on Tuesday. Its performance mirrored broader risk appetite as trade concerns flared again. The economic calendar is quiet in Asia, likely ensuring the Aussie will continue to take its cues from the Chinese yuan. The Australian […]
The Australian dollar remains choppy and directionless
Markets

The Australian dollar is pushing higher as risk appetite improves

The Australian dollar rose across the board on Tuesday, helped by an improvement in investor risk appetite. Being the start of the month, there is a busy economic calendar on the way today. The US Fed will announce its August monetary policy decision at 4am AEST. No change in rates […]
The Australian dollar is pushing higher as risk appetite improves
Markets

6 things Australian traders will be talking about this morning

Stocks staged a comeback Tuesday after a three-session losing streak and after a series of strong earnings reports. The dollar rose, and Treasury yields edged lower. To the scoreboard: Dow: 25,415.19 +108.36 (+0.43%) S&P 500: 2,816.29 +13.69 (+0.49%) AUD/USD: 0.7427 +0.0020 (+0.27%) ASX200 SPI futures (September contracts): 6,237 (+19) 1. […]
6 things Australian traders will be talking about this morning
Markets

China’s economy is starting to splutter

China’s official manufacturing and non-manufacturing PMIs both undershot market expectations in July. New export orders fell, indicating softer external demand. The slowdown not only reflects the impact of trade tensions with the United States, but also attempts to usher through corporate deleveraging and improved environmental quality from Chinese policymakers. Activity […]
China’s economy is starting to splutter
Markets

It could be a wild session for the Australian dollar today

The Australian dollar had a quiet start to the week, finishing mixed against the major crosses. The data calendar heats up today with major releases coming from Australia, China, Japan, the Eurozone and United States. The main event in Asia will be the Bank of Japan’s July monetary policy decision. […]
It could be a wild session for the Australian dollar today
Markets

The Australian dollar is struggling to go anywhere

The Australian dollar rose modestly on Friday following the release of US Q2 GDP data. US economic growth accelerated sharply, although market expectations were high heading into the release. The data calendar is quiet in Asia today, hinting that movements in the offshore traded Chinese yuan will once again be […]
The Australian dollar is struggling to go anywhere
Markets

The Australian dollar continues to dance to the Chinese yuan’s tune

The Australian dollar was hammered across the board on Thursday. For all the explanations offered, it’s sharp drop appears to have been influenced by renewed weakness in the Chinese yuan. The Chinese yuan will likely continue to influence the Aussie today. The main data highlight comes from the release of […]
The Australian dollar continues to dance to the Chinese yuan’s tune
Markets

UBS has outlined its top trades for the remainder of 2018

2018 has been a challenging year for investors, at least compared to 2017. UBS has outlined four specific themes it expects will play out in the months ahead. It has offered its top trade ideas for stocks, currencies and fixed interest to capitalise on these themes. Compared to last year, […]
UBS has outlined its top trades for the remainder of 2018