Detailed below are the morning comments for the last 5 working days. Please select a comment from those below to view the full details, or alternatively you can select a date from the followng drop down box:
As at As at 07.59 Thursday, 24 Jul 2014 BoE Remains Cautious
There was a broadly subdued tone to currency markets yesterday. Sterling-wise, as expected the BoE minutes showed the vote to keep interest rates on hold was unanimous……..
As at As at 07.58 Wednesday, 23 Jul 2014 BoE minutes provide key event risk for Sterling
Risk appetite returned to markets yesterday. The firmer tone to risk sentiment was aided by an easing of geopolitical concerns and generally positive news from the latest batch of corporate earnings data……
As at As at 07.58 Tuesday, 22 Jul 2014 Geopolitical concerns weigh on risk appetite
Financial markets kicked off the week with risk appetite under a bit of pressure yesterday. Geopolitical concerns in relation to events in Ukraine and Gaza were factors in this ‘risk off’ tone……………
As at As at 07.55 Monday, 21 Jul 2014 Key event risks for sterling this week
The action on FX markets last week continued to be limited. The general risks averse tone to financial markets was reflected to some extent on FX markets with the yen benefitting from a modest level of safe haven demand…..
As at As at 07.57 Friday, 18 Jul 2014 Negative Risk Sentiment
Risk appetite came under some pressure yesterday. Mixed corporate earnings data and geo-political developments impacted on market sentiment…..