Tag Archives: GBP

Swiss Franc The Euro has risen by 0.14% at 1.1286 EUR/CHF and USD/CHF, January 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: There is an eerie calm over in the capital market through the European morning today despite some ostensibly worrisome developments. While many, like ourselves, expect UK Prime Minister May to survive a vote of confidence, it hardly...

Marc Chandler, Wilf Frost, and Sara Eisen on the CNBC - Click to enlarge I joined Wilf Frost, and Sara Eisen on the CNBC set at the NYSE shortly after the House of Commons delivered an unprecedented defeat to UK Prime Minister May. Catherine Mann (Citi) and Christopher Smart (Barings). The guests generally agreed that a delay in Brexit was likely. Here is a distillation of my thoughts. Not all made into the video clip...

Swiss Franc The Euro has risen by 0.17% at 1.1272 EUR/CHF and USD/CHF, January 15(see more posts on EUR/CHF and USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Several of the equity benchmarks are flirting with six-week highs, including MSCI Asia Pacific Index and the Emerging Markets Index. The Dow Jones Stoxx 600 is trying to extend its advancing streak for a third week, something not...

Swiss Franc The Euro has fallen by 0.33% at 1.1248 EUR/CHF and USD/CHF, January 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: China’s exports and imports were weaker than expected, though the trade surplus swelled to its widest in a couple of years. The implications have undermined equities and weighed on risk appetites more broadly. Nearly all the...

Swiss Franc The Euro has fallen by 0.26% at 1.1287 EUR/CHF and USD/CHF, January 11(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Optimism on trade talks between the US and China coupled with the biggest rally in WTI in two years (11%+) have helped keep the equity market recovery intact.The MSCI Asia Pacific Index rose today, the eighth time in the past ten...

Swiss Franc The Euro has risen by 0.39% at 1.1288 EUR/CHF and USD/CHF, January 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Equities, bonds and the dollar are consolidating the moves seen earlier this week. This means equities are trading heavy and bonds firmer. The euro is paring gains that carried it to its best level (~$1.1570) since mid-October. After...

Swiss Franc The Euro has fallen by 0.15% at 1.1222 EUR/CHF and USD/CHF, January 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The global capital markets remain calm after the surge in volatility seen over the last couple of weeks. Asian equities were mixed, with the Japanese, Australia and Indian shares gaining, but other large regional markets, like China,...

Swiss Franc The Euro has fallen by 0.08% at 1.1229 EUR/CHF and USD/CHF, January 07(see more posts on EUR/CHF, USD/CHF, ) - Click to enlarge FX Rates Overview: The combination of robust US jobs and wage growth, more comforting words from Powell and a strong rally US stocks before the weekend helped lift Asian markets today and underpinned risk-taking appetites. However, renewed protests in France (and Hungary)...

The IMF offers the most authoritative report on central bank reserves on a quarterly basis with a quarter lag. The report, the Currency Composition of Official Foreign Exchange Reserves (COFER), covering Q318 has been released. It may be have been overlooked during the holidays, but if and when the pundits see it, the leading takeaway is that the dollar’s share of global reserves fell below 62% for the first time five...

Overview: The biggest reversal in the S&P 500 since 2010, allowing it to string the biggest two-day rally in three years helped lift Asian and European shares today. All the Asia-Pacific equity markets advanced today but Japan, where the strength of the yen saw the Nikkei and Topix buck the move. European equities. The 1.4% rally in the Dow Jones Stoxx 600 near midday in Europe retraces 2/3 of this...