City Index

The FTSE 100 continues to chop its way around between key levels, yet with resistance nearby, upside could now be limited. The recovery frim 7000 has so far come in 3 waves. As momentum...

FX Brief: With the British parliament still unsure of how or when Brexit could go through, it was a mild risk-off session in Asia overall yet volatility remained contained. All pairs from...

Traders are always trying to decipher the underlying risk appetite of markets. So, if several gauges of sentiment all turn at once, it’s worth paying attention. BoJo’s Brexit...

The dollar remains under pressure and could well go on to print new lows. Yet, over the near-term, it could be due a bounce. By Friday’s close, it was the worst 12-day trading period...

FX Brief: Optimism surrounding trade talk progress between the US and China saw AUD and NZD extend their rallies, stopping just short of key resistance levels. Given the extend of gains...

The S&P E-mini closed the session with a bullish engulfing candle yesterday and has broken to an intraday high in Asia, on the back of positive news on the US-China trade negotiations....

FX Brief: Japan’s exports contracted for a 10th consecutive month, seeing further calls for BOJ to ease at next week’s meeting. At -5.2% YoY, it missed expectation of -4%...

The British parliament’s first weekend sitting in 37 years saw the Letwin amendment triggered, yet reports that the government may have the votes to secure a deal saw GBP evade...

As of Tuesday 15th October: Traders increased net-long exposure on USD by $2.1 billion to $20.4 billion, their most bullish stance in 17 weeks (up $2.1 billion to $23.3 billion against...

FX Brief: AUD is the strongest major after AUD unemployment fell unexpectedly to 5.2%, which will be a relief for RBA. AUD/USD temporarily hit a 4-day high before paring gains, AUD/JPY...

It was a positive surprise for AUD today with unemployment falling to 5.3% versus 5.2% expected. Jobs added didn’t quite hit expectations of 15k, but it was a net positive to see the...

We’d like to refer to an older article from June, where we outlined a bearish case for USD/CAD against the bullish trend. Using a change of market positioning and a bearish...

FX Brief: New Zealand CPI slowed to 1.5% YoY from 1.7% prior, yet shortly after RBNZ said their own measure of CPI remained at 1.7%. Still, RBNZ suggested further cuts may be needed and...

FX Brief: RBA minutes shows they discussed keeping cuts for an emergency at this month’s meeting (when they cut anyway). There was little reaction from AUD, although eyes are no on...

Welltower Inc CFD/DFT: The Welltower Inc (NYSE:WELL) stock remains in a strong uptrend and is now consolidating just beneath record highs. The 20-day eMA is holding as support and...

As my colleague Joe Perry mentioned, it could be a busy week for AUD given the slew of data from China alongside AU employment data on Thursday. RBA just released the minutes from their...