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Daily Reports

Uneasy market into month end, quarter end

Next 24 hours: Stage set for ugly October

Today’s report: Uneasy market into month end, quarter end

There isn’t a lot of feel good in markets into Wednesday, with investors sitting super uneasy in the aftermath of a volatile US presidential debate that hasn’t done anything to inspire confidence. There is also worry that all of this could somehow jeopardize the next round of US stimulus for the coronavirus.   read report

Wake-up call

A boost from more US stimulus

Next 24 hours: US data and Fed speak

Today’s report: A boost from more US stimulus

Investors have been feeling better into Tuesday, with sentiment getting a large boost from the news that US lawmakers were unveiling a new $2.2 trillion coronavirus relief bill. The market is also thinking about Wednesday’s first US presidential debate, but we haven’t seen all that much reaction around the event just yet.   read report

Wake-up call

Not a lot of reason to be feeling great

Next 24 hours: Will there be relief for markets on Thursday?

Today’s report: Not a lot of reason to be feeling great

It hasn’t been as easy for investors to shrug off downside risk of late, with sentiment on the downturn around the globe and financial markets reacting accordingly. The lure of central bank accommodation just isn’t doing what it used to, especially with central bankers now a lot more concerned about the coronavirus recovery outlook.   read report

Wake-up call

Dollar demand picks up into Wednesday

Next 24 hours: Commodity currencies not exactly feeling it

Today’s report: Dollar demand picks up into Wednesday

There’s been a lot of talk of recent US Dollar demand being driven off Fed Evans comments, after the central banker talked about the possibility of raising rates before inflation starts averaging 2%. At the same time, the market has also been buying Dollars on a flight to safety.   read report

Wake-up call

Risk off persists into Tuesday

Next 24 hours: Will Tuesday prove to be a tale of two halves?

Today’s report: Risk off persists into Tuesday

The risk off tone persists into Tuesday, with investors feeling stress around coronavirus case upticks in the US and UK, a gloomy outlook for fresh stimulus in the US and ongoing US-China trade tensions. Tuesday’s calendar features a heavy dose of central bank speak.   read report

Wake-up call

Next 24 hours: An ugly start to the week

Today’s report: Coronavirus still a drag on financial markets

The latest reports around the coronavirus have not been great, with cases ticking back in many parts of the world. Upticks in the US and UK are getting a lot of attention. This has added further strain to already vulnerable risk assets as the new week gets going.   read report

Wake-up call

One week later and not a lot of movement

Today’s report: One week later and not a lot of movement

It’s been a week of consolidation in financial markets. Stocks are trading right around where we were when things got going on Monday, while currencies remain confined to familiar ranges against the US Dollar. This follows a flurry of central bank meetings, including the Fed decision.   read report

Wake-up call

Making sense of the Fed decision reaction

Special report: A closer look at the Bank of England decision

Today’s report: Making sense of the Fed decision reaction

Thursday price action has been all about Fed decision reaction, with risk markets under pressure and the Dollar back in demand as a consequence. On the surface, it would seem that a Fed committed to rates near zero through at least 2023 would be something that would inspire the opposite reaction. So what gives?   read report

Wake-up call

Taking it all with a grain of salt

Special report: Previewing today's Fed decision

Today’s report: Taking it all with a grain of salt

Though we have seen a push higher in stocks and currencies this week, with global sentiment back on the rise, we continue to warn against any expectation that this should be a sign of things to come, with these markets ultimately still confined to familiar ranges despite the bid tone.   read report

Wake-up call

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