Asian Stocks Slip With Wall St, Eye Numerous Fed Speakers

Talking Points Asian shares followed Wall St. lower; a March US rate hike is thought ever more likely The US Dollar slipped back, but is much higher on the week Friday offers plenty of Federal Reserve commentators, most notably Chair Janet Yellen Asian markets struggled on Friday, mostly reflecting previous session’s US pullback as investors […]

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Asian Markets Slip, Trump and Brexit on Their Minds

Talking Points: Asian markets broadly lower as investors prefer haven assets while waiting for Donald Trump’s inauguration Chinese stocks were the clear exception Sterling has retraced a little, while the US Dollar has clawed back some ground Asian markets were broadly weaker on Wednesday, following Wall Street’s lead. Shares there dropped on Tuesday as investors […]

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GBP/USD Unchanged As Consumer Sentiment Survey Offsets Business Slip

Talking Points The GBP/USD was little changed after better than expected consumer confidence GfK consumer confidence -7 vs -8 expected and -12 recorded previously Lloyds business sentiment report dropped to 16 in August from previous 29 read Keep an eye on short-term trends for the using the Grid Sight Index (GSI) here. The British Pound […]