Daily Look

Beyond the US dollar itself, the Aussie has been the biggest surprise so far this year, in terms of its ability to defy gravity.  From the lows seen in January, …

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Today is all about the growth numbers in Europe and the extent to which the Eurozone economy is pulling itself out of recession. The numbers seen already have underlined the …

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When the last UK Inflation Report was released three months ago, the Bank of England Governor did his best to convince markets that rates were going to remain low, but …

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We wrote a couple of weeks ago about the fact that May has generally been a good month for the dollar in recent years (see Dollar selling for now), averaging 3.9% …

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Oscar Wilde once described second marriages as “the triumph of hope over experience”. Something similar might be said about loonie optimism over the past month. Although Canadian exports have a …

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What started out as another promising day for equity markets ended up with disappointment yesterday, as the early buying exuberance on the back of Janet Yellen’s second testimony to Congress and Mario Draghi’s …

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It was hardly death and destruction from the ECB bazooka but Mario Draghi certainly threw his first grenade at yesterday’s press conference by announcing that the market can expect some …

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Over the past two years, the ECB has been far more about words than actions. That was evident in the wake of Draghi’s “do whatever it takes” pledge in the …

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Quite a day for the dollar yesterday and also sterling, with cable within touching distance of the 1.70 level. There was generalised dollar weakness at the start of the European …

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Equity markets managed to avoid starting the new trading week in the red, with the S&P recovering from earlier losses on the back of escalating violence in Ukraine, as investors …

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