Yearly Archives: 2021

UK GDP meets estimates with 4.8% q/q growth in Q2. USD mostly weaker following moderate US July CPI data. Commodities bounced with oil pushing above $71.

Overnight Headlines *USD was firmer on the back of hawkish Fed messages and infrastructure bill *US stocks hit new records though the Nasdaq dipped 0.5% *US Treasury yields touched their highest levels since mid-July USD was mostly firmer against its major peers. The DXY edged higher near to the July top at 93.19. Dollar bulls […]

Overnight Headlines *USD hits the highest level in more than two weeks on firmer yields *US stocks closed mixed on concerns over the Delta variant *Oil stabilises after falling more than 6% over the last two trading days USD built on NFP gains driven by higher US interest rates and falling commodity prices. EUR/USD sustained […]

Overnight Headlines *USD jumps on strong NFP, hitting a four-month high vs the euro *US stocks closed mixed, Dow outperformed the tech-heavy Nasdaq *Gold dropped more than 4% in thin Asian market conditions USD surged higher to a two-week top after the strong NFP report. This stoked bets that a taper in asset purchases could […]

Fed inches towards exit. USD jumps on strong NFP, hitting a four-month high vs the euro. Gold dropped more than 4% in thin Asian market conditions.

Overnight Headlines *USD enjoyed a narrow range day, closing marginally lower *US stocks closed at record highs after strong earnings *Consensus NFP now at 858k from 850k in June USD traded in a tight range and closed modestly lower on the day. USD/JPY saw a solid bounce to the 21-day SMA as US 10-year yields […]