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The Australian dollar is under pressure and could be on its way back to 75 cents

It’s not usual for me to start one of my notes with reference to another research house’s work. But today I think it is worth noting that there appears to be a growing sense that all the good news might …

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, …

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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 …

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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 …

The hint of Trump tax cuts and proximity of a Macron victory has traders excited: Markets Wrap

US stocks are up again this morning as analysts upgrade earnings expectation and US Treasury Secretary Steve Mnuchin said the tax cut plan is close to release. Importantly though he walked back from his comments in the FT that health …

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