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USD The dollar has spent much of the past month moving higher, with August representing one of the best months in 2023 thus far. That strength has been largely driven by a risk-off sentiment that saw equity markets come under pressure amid growing concerns around the Chinese growth story. With exports down to -14.5% for […]

by Joshua Mahony
1 year ago
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Indices Best – Ibex 35 Worst – Hang Seng The Ibex 35 has outperformed over the course of August, gaining over 2%. The strength evident within the Spanish index highlights the heavy weighting of utility and financial stocks. With risk sentiment souring elsewhere in Europe and the US, utility stocks typically hold up well given […]

by Joshua Mahony
1 year ago
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USD The US dollar closed the week on the front foot, after enduring a difficult start as other currencies managed to take advantage of its slip-up. The dollar index which tracks the US dollar’s performance against a basket of currencies closed the week with a minimal gain of +0.07% as it failed to move above […]

by Joshua Mahony
1 year ago
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Equities throughout Asia and Europe look to be heading towards the weekend on an upbeat tone, with improved data out of China coupling with an expectation of weakening payrolls within this afternoon’s US jobs report. Amid all the recent talk of a burgeoning crisis in China, the overnight Caixin Manufacturing PMI saw Shanghai stocks post […]

by Joshua Mahony
1 year ago
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