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Holidays are over, back to reality
Good morning  I’m back in the office after two weeks of travelling Europe with friends which took in some of the sights of Croatia,...
revansfx
Sep 2, 20243 min read
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USD weaker as calm returns to the markets. I'm away now for a couple of weeks, see you in September...
Good morning  Better than expected US retail sales data sent USD a touch higher yesterday afternoon, GBPUSD trading from 1.2865 to...
revansfx
Aug 16, 20243 min read
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In-line US inflation keeps door open for Fed rate cut in September
Good morning  Mid-August, can you believe it. And can you believe that I’ve got another holiday coming up next week. Mark certainly...
revansfx
Aug 15, 20243 min read
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UK inflation comes in a touch lower than expected, markets await US CPI
Good morning  A softer than expected US PPI number yesterday sent USD lower with GBPUSD trading up to 1.2835 and EURUSD to 1.0960. ...
revansfx
Aug 14, 20244 min read
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UK employment numbers give GBP a boost
Good morning  It was a pretty slow day yesterday, not much in the way of movement as we’d expected. This morning we have had the...
revansfx
Aug 13, 20243 min read
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A quiet start, but plenty of major economic data coming our way this week
Good morning  Well what a scorcher of a weekend. Saturday was warm, but not too warm to have me working in the garden all day long....
revansfx
Aug 12, 20243 min read
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GBP benefits as sentiment turns more favourable
Good morning  US jobless claims have, in all the time i’ve worked in finance, never been one of the key releases. However, yesterday...
revansfx
Aug 9, 20243 min read
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Stability returns to the markets...for now
Good morning  UK and EU stocks closed on a positive note yesterday although US stocks closed slightly lower. Asian equities were mixed,...
revansfx
Aug 8, 20243 min read
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Some calm returns to equities, USDJPY higher
Good morning With so much attention on stock prices right now it seems only reasonable to start there, and I am pleased to report some...
revansfx
Aug 7, 20242 min read
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Equities volatile as market looks for 50bps cut from Fed next month
Good morning Stock markets are in turmoil, US equities closed down around 3% yesterday as markets turn fearful of a hard landing...
revansfx
Aug 6, 20242 min read
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Weak US data Friday sends equity markets reeling, GBP and AUD lower, JPY higher
Good morning US nonfarm employment numbers Friday were considerably worse than expected, Not only was the headline of +114k well down on...
revansfx
Aug 5, 20244 min read
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GBP lower after BoE rate cut, global equities fall
Good morning GBP has slumped after the BoE cut rates 25bps to 5% in a tight 5-4 vote as had been expected. GBPUSD is now 1.2715, GBPEUR...
revansfx
Aug 2, 20243 min read
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Fed keep rates on hold, GBP lower this morning ahead of BoE decision
Good morning Welcome to August. Could this be the day we see an interest rate cut in the UK? The BoE announcement is at midday, the...
revansfx
Aug 1, 20244 min read
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BoJ raise rates, FOMC expected to keep door open this evening for a possible September cut
Good morning Lets start with the overnight news, BoJ did indeed raise rates 15bps to 0.25%. USDJPY, which had been up at 155.00...
revansfx
Jul 31, 20243 min read
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Yesterday gave us the calm before the potential storm, Yen weaker ahead of BoJ meeting
Good morning It was something of a quiet day yesterday and the overnight session was also pretty stable, no real surprise given the main...
revansfx
Jul 30, 20243 min read
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Plenty of major event risk this week, GBP the early loser
Good morning I hope you had a terrific weekend. The weather was pretty fantastic, with temperatures in the mid to high 20’s. It felt a...
revansfx
Jul 29, 20243 min read
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GBP struggles ahead of next week's BoE rate decision
Good morning GBP suffered yesterday, trading down to 1.2850 against USD by the NY close, while GBPEUR pushed down to 1.1845. The full...
revansfx
Jul 26, 20243 min read
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BoC cuts, China surprises with rate cut overnight, equities lower, Yen higher
Good morning  Bank of Canada did indeed cut rates 25bps to 4.5% yesterday. Market impact was minimal, highlighting just how priced in...
revansfx
Jul 25, 20243 min read
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Will we see a second consecutive 25bps cut in rates from Canada?
Good morning Yen is stronger once again, UDSJPY traded down to 154.35, the lowest level since mid-May, now 154.65. As always when Yen...
revansfx
Jul 24, 20243 min read
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Can Kamala be President before November?
Good morning  Not a bundle of news from the currency markets this morning, GBPUSD is 1.2925, EURUSD 1.0885, still just unable to really...
revansfx
Jul 23, 20243 min read
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