The week ahead

We have a full week of  announcement in the week ahead. How is the pandemic affecting the markets? Which economy is on the rise? German Retail Sales will be first cab of the ranks today followed by US ISM manufacturing PMI, RBA Interest Rate Decision and Europe GDP tomorrow. Lets take a look at what […]

July NFP 2020 Better than expected or was it?

I hope you all held on to your hats as the storm that was Non Farm Payroll (NFP) swept through the town. Despite  the coronavirus, July NFP figures show that the economy continues to add jobs. NFP came in better than expected at 1.76 million new jobs after economist predicted 1.6 million new jobs. June […]

Too much uncertainty creates volatility

Some disappointing data ahead of the NFP announcement and expectations now looking to a drop in employment figures for July.  The dollar is stronger ahead of the release which is set to unleash high volatility. EUR/USD is trading lower at 1.1850, this a result of  President Trump’s placing an executive order against TikTok and WeChat […]

How TikTok has affected Non-Farm Payroll

The first Friday of every month always feels like when I was at the sports carnival at school, lined up at the starting blocks ready for the 100 meters sprint. You know what the expectations are, you know what the most likely result could be but then one kid falls and before you know it […]

The week ahead

Another month another week of reporting. We have a big week for the Aussie and the Pound. However starting off the week is the USD with ISM Manufacturing PMI for July. Manufacturing is a significant indicator of overall economic conditions in the US. A result above 50 is seen as bullish and this month general […]