Daily Report

The reversal in treasury yield dragged down the greenback again overnight. 10 year yield closed down -0.052 to 2.450 while 30 yield yield dropped -0040 to close at 3.051. The dollar index is now back ...
Daily Report

US equities jumped overnight and extended the record run as Fed chair Janet Yellen sounded optimistic on the economic outlook. DJIA rose 92.25 pts or 0.45% to 20504.41. S&P 500 rose 9.33 pts or 0....
Daily Report

Risk appetite extends to Asian markets, following the records close in US last week. At the time of writing, Japan Nikkei is trading up 98 pts or 0.5%, HK HSI is up 120 pts or 0.5%. Yen trades broadly...
Daily Report

New Zealand Dollar weakens after RBNZ left the Official Cash Rate (OCR) unchanged at 1.75%. More importantly, the central bank adopted a more dovish outlook for the OCR. RBNZ now forecast interest rat...
Daily Report

The financial markets are lacking clear direction for the moment. DJIA hit new record high at 20155.35 overnight but pared back much gain to close at 20090.29, up only 0.19%. Treasury yields dropped r...