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The Australian dollar has seriously under performed its usual drivers

The Australian dollar has seriously under performed its usual drivers

The Dow is up 2.2% from Friday’s close. The S&P 500 has rallied 1.7% while copper is up 1.6% amid a broad recovery in base metals and iron ore. USDJPY is above 111, EURUSD is back above 1.09 and Euro …

BOOM. Nasdaq trades 6000, Dow up 230 and gold hammered as risk is on again: Markets Wrap

Stocks in the US are surging again in the perfect wave of strong corporate results, decent data, and continued relief that the French presidential election won’t be derailing markets.

That’s seen the Nasdaq trade above 6,000 for the first time, …

Daily Futures Performance

Lean Hogs and Cocoa are at the top today, so Bacon is off the breakfast menu today. And Rough Rice and Lumber are at the bottom.

Here is the Finviz chart as at 7.30am this morning:

Your Morning Quote …

CHART: Here’s the latest handbrake on the Trumponomics stock market rally

The reversal in the global data flow which was such an important part in fueling the rally in risk assets attributed to the election of Donald Trump and expectations he’ll fundamentally shift the outlook for the US economy with his …

Euro celebrates Macron into the second round of the French election, risk on: Markets Wrap

The polls were right.

Emmanuel Macron and Marine Le Pen will face off in the second round of the French presidential election in two weeks’ time after taking the top two spots in Sunday’s run-off election.

Given that pre-vote polling …

Daily Futures Performance

Cocoa and Lumber are at the top of the chart today. While Crude Oil WTI, Nat. Gas and Crude Oil Brent hit the bottom along with Heating Oil and Gasoline RBOB.

So fill those fuel tanks today if you get …

Your Morning Quote …

There is nothing like a risk rally to lift the Australian dollar

There is nothing like a lift in investor sentiment to lift the Australian dollar out of whatever doldrums it may be in.

Such was the case yesterday when base metals started rallying, stocks across Asia were doing better and a …

The French Election could reshape markets and global politics – what traders need to know

On the day of the Brexit vote the British pound traded through an 1800 point range against the US dollar and more than 15 big figures against the Euro.

That kind of volatility isn’t expected for the Euro in the …