- Expert Views
Morning commentary: LCG
Read more commentary from LCG at www.lcg.com
Posted on: 23 January 2017
The G-10 currencies all gained against the weaker dollar after Trump's inauguration, with strength in the pound seeing a drop in FTSE stocks.
Posted on: 17 January 2017
Theresa May has no interest in a 'half-in, half-out' Brexit, as she's expected to confirm the UK government opting for a clean break from the EU.
Posted on: 9 December 2016
The ECB's Mario Draghi insisted yesterday that the Bank's plans to cut back on bond purchases, but to extend the scheme to the end of December 2017.
Posted on: 8 December 2016
The ECB is expected to keep its rates unchanged, yet to hint at the future of its quantitative easing (QE) program for the next year.
Posted on: 7 December 2016
The Australian dollar has been the biggest loser against USD in Asia, amid the most recent data showed an unexpected 0.5% contraction in the 3Q GDP.
Posted on: 6 December 2016
The RBA maintained its cash rate unchanged at 1.5%. AUDUSD weakened to 0.7444, yet losses remained limited a touch above the 50-hour moving average.
Posted on: 28 November 2016
The US dollar softened against all of its G10 counterparts and a majority of emerging market currencies. US equities pared a major part of the Black Friday gains.
Posted on: 24 November 2016
Gold slipped below $1200 for the first time since February. UK goldminers, Fresnillo and Randgold, are expected to extend losses along with cheapening gold.
Posted on: 22 November 2016
US President-elect Donald Trump plans to quit the Trans-Pacific Partnership (TPP) trade deal from “day one” in office, according to his 100 day plan.
Posted on: 21 November 2016
Oil bounced like a rubber ball on talks of a potential production cut from the OPEC countries at the November 30th meeting in Vienna.
Posted on: 17 November 2016
Yellen will speak for the first time after the mispriced Trump victory moved the markets tremendously following the US presidential election on November 8th.
Posted on: 16 November 2016
The FTSE opened range bound, with financials and energy stocks reversing the early gains. The pound pared losses and tested the 1.25 handle in London.
Posted on: 15 November 2016
The EURUSD consolidated losses within 1.0736/1.0771 in Asia. Trend and momentum indicators remain comfortably negative for a successful re-test of 1.0710.
Posted on: 14 November 2016
The FTSE opened in the green, 1.13% higher than it closed on Friday, as bullish investors back sectors predicted to do well under Trump's administration.
Posted on: 11 November 2016
China’s Singles Day has been the main focus of Asian traders. Sales reached $12 billion dollars by midday, with Ali Baba is poised to renew its sales record.