Out of the Frying Pan and into the Fire
According to author Chuck Palahniuk “Only after disaster can we be resurrected.” One can only hope that this is true for... Read More >
Bold moves from Governments around the globe kept currency markets busy, and equity markets buoyant throughout the week. The US Government announced a bailout p... Read More >
NZD
Something to remember at present is that as each quarter of negative growth passes we are closer to the day that the sun shines again.
The first stage of t... Read More >
BOE minutes yesterday revealed that the recent monthly meeting which resulted in a 150bp cut was a unanimous decision; a result that was largely priced into the... Read More >
NZD
Change appears to be the new black as last week we saw the United States elect its first African American President and on Saturday the majority of New Zeal... Read More >
The Rand retraced some of its recent weakness against Dollar and Sterling as risk aversion ebbed back into the markets. We predict a stabilising of Rand for the... Read More >
The Rand fell to spectacular levels against major partners throughout last week. This was due to the risk aversion evident throughout the emerging markets which... Read More >
Equities bourses dominated direction among major currencies yesterday. Japans Nikkei 225 hit its lowest close in 26 years, as importing stocks were sold off due... Read More >
Fridays UK GDP figure capped another remarkable week in the currency markets; the precipitous weakening of Sterling returning it to levels not seen for 6 years ... Read More >
As the clouds grow darker over the world economy, the continued retreat to safe havens (dollar and yen) was once again evident yesterday. Dollar managed... Read More >