Daily Look

The US employment report on Friday once again fell short of expectations and has added to the uncertainty surrounding US monetary policy, and whether the Fed will continue the tapering …

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We are back to the US employment report day and the prospect for volatility is greater than normal. The median expectation is for a rise in payrolls of 180k, after …

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Today is central bank day in Europe, with both the Bank of England and , to decide on policy. We can pretty much discount the BoE in terms of surprises, …

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FX markets are currently in a holding pattern ahead of Friday’s US jobs numbers, but there are some distractions between now and then. The US ADP numbers today, which are …

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A dramatic turn-around in the Aussie overnight as the RBA moved to a more neutral bias in their statement following their rate-setting meeting. At the end of last year, the …

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The last trading day of January saw the dollar in the ascendency, the dollar index just short of the highs for the year. Against the single currency, the dollar was …

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The US Fed delivered the anticipated further USD 10 bln of tapering at their meeting last night. There were some thoughts that they may stall owing to the instability seen …

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The focus has been squarely on emerging markets over the last week, with one of the catalysts being the China PMI data released nearly a week ago. But the fightback …

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Emerging market currencies remain in focus this week and have seen some stabilisation overnight. Losses so far this year have amounted to around 3.5% (JP Morgan EM FX index). There …

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After the carnage seen in emerging markets and equities towards at the end of last week, we are at least seeing some stability emerge, but the fallout remains all too …

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