Multiple Themes in Markets

The markets were driven by multiple themes last week. Dollar ended up broadly higher as supported by hawkish FOMC minutes and rebound in treasury yields. However, it’s outshone by New Zealand and then Australian Dollar. Kiwi was boosted by stronger than expected CPI. Meanwhile, the Aussie was pulled up by iron ore prices, which countered…

Stocks Adjust to Higher Yields

The headline story this week has been the downturn in global equity markets. The S&P500 has fallen about 6% this past week, the biggest five-day loss since February. A bond market rout was the cause then, and it was behind the move in recent days too, as equities re-price to reflect the higher yield environment.…

Chung Yeung Festival 2018 Trading Schedule

Please be informed that due to “Chung Yeung Festival in Hong Kong” on Wednesday, 17th October 2018, there will be changes to the trading hours for the following symbols listed in the table below. Financial Instrument(s) 17.10.2018 Forex Normal Trading Cryptocurrencies Normal Trading  US Shares Normal Trading  Spot Metals Normal Trading  Spot Commodities Normal Trading…