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It’s all about the Fed taper and beyond…

Overnight Headlines *US stocks post record highs, eyes on the FOMC meeting *USD edged higher, trading just above 94 *US spending bill shows new progress in house, sticking points remain *Bumper NZ jobs report, unemployment equal lowest ever at 3.4% …

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Patient RBA kicks off central bank meetings

Overnight Headlines *US stocks edged higher on strong corporate earnings *USD eased as EUR moved back above 1.16 *RBA abandons yield control but remains dovish, AUD falls *France pulls back in Brexit fish row, gives more time for talks US …

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Busy week of central bank meetings and data

Overnight Headlines *US futures in the green, closed at another record high Friday *USD rebounds strongly after solid PCE data *Japanese stocks jump after ruling LDP party secures election victory *Australian bonds bounce erase much of Friday’s panicked rout *RBA, …

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Sentiment soured by tech titans

Overnight Headlines *US futures lower after Apple and Amazon earnings disappointment *USD wallows near one-month low, strong euro and stock rally weigh *Oil set for first weekly drop since August as supply concerns ease *Bad bets trigger tumult in short-term …

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Markets drift ahead of US data and the ECB meeting

Overnight Headlines *US stocks sold off late on, backing away from record highs *USD slid modestly lower closing below 94 *The BoJ left policies unchanged, cutting growth and inflation forecasts *Huge moves in bonds, yields drop sharply across the globe …

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Bumper US earnings not lifting Asian markets

Overnight Headlines *US stocks post another record high on earnings optimism *USD edges higher, best gains versus EUR and JPY *Australia core inflation accelerates back inside RBA target *Alphabet and Microsoft smash estimates, Robinhood disappoints US equities extended their all-time …

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Risk momentum a key driver of current sentiment

Overnight Headlines *US stocks hit fresh record highs, tech led the way *USD was mixed but closed higher as EUR faltered *Gold broke above $1800 and 200-day SMA again *Tesla rose 12% on a massive order from Hertz US equities …

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Markets cautious ahead of a busy week

Overnight Headlines *US stocks closed mostly lower Friday, weighed by Powell comments *USD turned modestly weaker against its peers, except versus GBP *Oil settled higher for a seventh consecutive week *Tech earnings in focus this week with FAAAM reporting US …

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Evergrande payment surprise, PMIs in focus

Overnight Headlines *US stocks ended mixed, S&P500 posted a record closing high *USD fell against most of its peers, but remains above 93.50 *US 10-year Treasury yield hits new cycle high at 1.706% *Evergrande makes surprise payment, China property stocks …

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Stocks slip, the Vix sinks, yen jumps higher

Overnight Headlines *US stocks rallied for a sixth day just shy of all-time highs *USD dipped further, particularly against commodity currencies *Vix drops again near to year lows *US 10-year Treasury yields hit a seven-month high at 1.673% US equities …

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