Risk appetite has had a shaky 24 hours as weak European PMI data yesterday was followed up by renewed concern about the political situation in Greece. Late yesterday, Prime Minister George Papandreou ...

The big news overnight has been the RBA’s decision to cut Australian interest rates from 4.75% to 4.50%, citing weaker commodity prices, slowing growth in China, and high level of the currency ...

The week has kicked off with a bang after the Japanese MoF sanctioned another round of intervention in the currency markets, taking USDJPY sharply higher from 75.60-65 to a peak of 79.53. It is the ...

The risk rally that was sparked after the conclusion of this week’s EU summit has continued strongly into today’s session, with both equity markets and EURUSD posting strong gains. The ...

Equity markets and EURUSD alike were buoyed overnight by the EU summit agreements which outlined a three-pronged solution to the Eurozone debt crisis. The first key element agreed was the ...

The second EU summit in less than a week kicks off today; and anticipation for a comprehensive solution to the debt crisis is ensuring a stronger day for equity markets and EURUSD alike. The Nikkei is...

Asian equity markets are mixed this morning with the Nikkei -0.9%, Hang Seng +0.4% and Shanghai Composite +1.4%. Investor participation feels relatively low ahead of tomorrow’s EU summit, as any...

Asian equity markets are strongly higher today after China’s October HSBC flash PMI jumped to 51.1 from the final readings of 49.9 in August and 49.3 in July. In turn, the Hang Seng is up 4.29% ...

Risk appetite in FX markets has managed to stabilize overnight in the face of concerning headlines from Eurozone. In a worrying move Eurozone officials have scheduled a second summit for Wednesday ...

Risk aversion continues to dominate Asian session trading following yesterdays weak Wall Street close. The sell-off in risk correlated trades has been driven primarily by heavy barrage of warnings ...