Market Updates 24/04/2017

EUR surged after an early counting of ballots in the first round of the French election showed that centrist Emmanuel Macron and the National Front’s Marine Le Pen were on target to reach next month’s run-off. EURUSD was trading above US$1.0929.
While in the local market AUDUSD is down 0.8% to US $0.7563, and it traded as low as US $0.7492 earlier from an overnight peak of 0.7563 due to recent softness in commodity prices.
DATA RELEASES THIS WEEK:
MONDAY:
EUR – German Ifo Business Climate
WEDNESDAY:
USD – CB Consumer Confidence
AUD – CPI q/q
CAD – Core Retail Sales m/m
THURSDAY:
USD – Crude Oil Inventories
USD – Core Durable Goods Orders
USD – Unemployment Claims
AUD – RBA Gov Lowe Speaks
JPY – Monetary Policy Statement & BOJ Outlook Report
EUR – ECB Press Conference
FRIDAY:
CHF – SNB Chairman Jordan Speaks
GBP – Prelim GDP q/q
CAD – GDP m/m
USD – Advance GDP q/q
Andrew Law
General Manager
m: 0411 625 998

Market Updates 18/04/2017

Positive economic data from China has boosted stocks in US with most European & Australian markets closed during the Easter Monday trading session. Retails sales in China grew by 10.9% which helped strengthen the AUDUSD pushing it through $0.76 overnight before coming down to $0.75 this morning.
UK inflation held at 3 years high around 2.3% supporting the GBP and seeking AUDGBP lower again for nearly a 12th straight day. UK economy has continued to rebound in the wake of Brexit and the triggering of Article 50 last month.
DATA RELEASES THIS WEEK:
 
Tuesday
AUD – Monetary Policy Meeting Minutes
USD – Building Permits
Thursday
USD – Crude Oil Inventories
NZD – CPI q/q
USD – Philly Fed
Manufacturing Index
USD – Unemployment Claims
Friday
GBP – BOE Gov Carney Speaks
USD – Treasury Sec Mnuchin Speaks
GBP – Retails Sales m/m
CAD – CPI m/m
Regards,
 
Andrew Law
General Manager
m: 0411 625 998

Market Upate 10/04/2017

The AUD has fallen to near a 3 month low trading below $0.75 USD in the wake of a weaken price of iron ore and strengthen of USD.  Investors will be looking for trading news on Thursday with Australia releasing unemployment numbers and later that evening the release of US unemployment claims follow by consumer sentiment, CPI figures and US retail sales numbers.
DATA RELEASES THIS WEEK:
Tuesday
USD – Fed Chair Yellen Speaks
GBP – CPI y/y
Wednesday
CNY – CPI y/y
CNY – PPI y/y
GBP – Average Earnings Index 3m/y
GBP – Unemployment Rate
Thursday
CAD – BOC Monetary Policy Report
CAD – BOC Rate Statement & Overnight Rate
CAD – BOC Press Confidence
AUD – Employment Change & Unemployment Rate
CNY – Trade Balance
USD – Crude Oil Inventories
USD – Unemployment Claims
Friday
USD – Prelim UoM Consumer Sentiment
USD – CPI m/m
USD – Core Retails Sales & Retails Sales m/m
For further information please contact one of our offices.
Andrew Law
General Manager
m: 0411 625 998

Article 6 April 2017

Market Summary:

Reserve Bank left cash rate unchanged at 1.50% on Tuesday this week. Investors will be focusing on tonight’s economic data and announcements and it all begins with UK Services PMI at 6.30pm. Services PMI is tipped to remain above 50, the point which denotes expansion, but only marginally at 53.5.

Elsewhere tonight we’ll see the latest preliminary non-farm employment figures out of the U.S with ADP numbers due just after 10pm AEST. The market is expecting to see around 184K new jobs, which would be less than the previous months figures but still on pace with recent months’ results. Obviously a bumper number here will provide some rally in the US dollar, particularly against the Aussie – AUD/USD has fallen again but is holding onto 0.75 for the time being. Investors will also be eyeing the all important numbers due out tomorrow in US for the non-farm employment & unemployment rates.

DATA RELEASES TODAY:

GBP – Services PMI

USD – ADP Non-Farms Employment

USD – ISM Non-Manufacturing PMI

USD – FOMC Meeting Minutes

DATA RELEASES TOMORROW:

GBP – Manufacturing Production m/m

CAD – Unemployment Rate

USD – Non-Farm Employment Change & Unemployment Rate

展望 25 July 2016

澳元美元上周跌幅150点。
本周澳洲關注星期三CPI。(消费者物价指数)

在澳洲联储会议纪要显示,如果需要時,央行准备降低利率來压下澳元。這星期的CPI如果公佈较弱數據,或許將會降息。

随着美國下半年美联储有加息一次的可能,货币還是有利于美元。(星期四美联储利率公布。)

 

展望七月

英国退欧潮减退下,渐渐地迎接新财政年。七月份开始有美国独立日假期,澳洲大选效果,星期二澳央行公布利率决议,星期五美国非农就业数据等等足以在北方暑假下推动市场。

英国退欧出现连锁效应,各国央行出现不同看法,市场认为美国今年都不一定加息,如果这看法成立,澳央行或许提前减息配合世界经济不利因素,虽然澳洲可减息空间不多,但海外央行已出现负利率,这已经不能说为没有减息空间了。世界央行低息政策已成为趋势。

 

 

wy

展望 23 June

今天英国公投结果将今晚发布,是留是离去将改变投资者的交易模式,甚至有央行取决于结果来作进一步的金融政策决定。我们拭目以待。

英国全民公投后,澳大利亚还有财政年度结算即将到来,七月份政党大选,政治不确定性是澳元持观望表现的因素之一。

七月份在北半球的学校暑假,也是投资者交易比较少之一种理由,因为这可以和家人一起同过假期,这是季节性的事情。

展望 3 June 2016

上星期五美国非农就业数据远差过预期,直接影响美国加息预期,美元偏柔,澳币止跌回升至.7369。市场猜测今年美国能否加息和何时才有能力加息。
这星期二RBA有每月一次澳央行息口会议,预期不变在历史低位1.75%, 上月行长Glenn Stevens说通胀疲弱和全球经济复苏缓慢才有上月减息举动。市场经济学家预期还有减息空间。
英国公投是否离开欧盟会在这月23号有消息。市场为避开风险减少持有欧洲货币,转往美元,日元。看来澳币高位还是阻力重重。

qig-trading-banner

本周展望 23 May 2016

近期世界利息变化主导投资方向。虽然铁扩燃油会对澳币影响但没利息来得直接。

本星期澳洲重要事件会在星期二RBA Stevens 演说,利息前景会是大众期望希望知道的信息。

 

美国数据支持六月份加息机会,这张会继续影响市场投资情绪,任何影响美国利息消息亦会给脆弱市场产生波浪。

六月份英国公投离去或留在欧盟亦是市场关注,直接影响世界经济方向。

modern glass apartment blocks of skyscrapers at night

本周展望 9 May

上周从澳洲联储声明内提到减低对通胀预测,

直指八月份可能有进一步降息。

本周重要数据周四澳洲消费者信心指数。

市场还关注美国利率,六月此刻只有4%的机率升息。