Australian Dollar

by Chris Becker Stocks in Asia are taking a pause due to new North Korean tensions even after US stocks took out new record highs overnight.

By Chris Becker Another night of record highs on stock markets with US Treasuries falling after Fed Chair Janet Yellen indicated more interest rate rises are on the way.

by Chris Becker Asia starts the week with strong upswings on stock markets outside China with bonds also strengthening as Friday’s US CPI print is absorbed by risk and non-risk traders alike.

Did the weird just turn super boring?

By Chris Becker  Until Friday night there were next to no economic catalysts in the form of news or releases to get worried about, so risk markets were in “steady as she goes” mode, for the most part.

The great ponzi-bubble is reaching for ever greater heights: Via the FT: Governments around the world will “crush” bitcoin before long, according to two of the most powerful men on Wall Street, who argue that the only real value in the fast-rising virtual currency is as a tool for criminals and money launderers.

by Chris Becker Asia ends the week with a rally in stock markets outside China while the USD reversed its recent bounceback as Yen and Aussie dollar also lifted.

By Chris Becker A pause in US stocks overnight as traders weighed up the latest oil inventory reports and the machinations in Europe regarding Brexit.

Marvel at the madness of crowds: All time highs.

by Chris Becker Stocks were broadly positive across Asia today taking the good level from US stocks overnight, with the USD weakening against the majors and gold, which is closing back in on the $1300USD per ounce level.

By Chris Becker Last night saw US stocks closing  at record highs – again – after the Federal Reserve released a summary from its last meeting, where it signalled an interest rate hike in December is increasingly likely despite low levels of inflation.

by Chris Becker Stocks in Asia were generally positive today with a retreating USD helping as well, as turmoil surrounding geopolitical tensions in Korea and Turkey simmered today.

By Chris Becker European bourses were shaken up overnight as the Catalan independence issue in Spain overspilled into wider Euro concerns, the union currency rallying strongly against the USD as a result.

by Chris Becker Yet another mixed session in Asia today with all markets open after some holiday breaks, most stock markets putting on small gains while the ASX200 flittered away a good start to close flat.

Via Bloomie: Goldman Sachs Asset Management is clashing with speculators in a wager on a weaker Australian dollar, just as those hedge funds top up bets on the currency appreciating.

By Chris Becker Not a very exciting night on Wall Street as lack of volumes from Asia and Columbus Day in the US saw the worlds biggest market – bonds – closed.

by Chris Becker A quiet start to the week in Asia as several bourses were closed so it was a mixed reaction to Friday night’s NFP print setting the course for the next month and possibly into the Christmas season.

By Chris Becker  It’s been a Golden Week for China with closed markets, with a few more Asian bourses closed today on Monday, but it was the Friday night NFP in the US that stoked risk.

DXY came off its highs Friday night: The AUD came off its lows but is weak against EUR now as well.

Via Deutsche: Why is the referendum illegal?

by Chris Becker Asia is having a relatively quiet day as traders position for the closely watched NFP print in the US tonight.