Market Analysis

Markets are reeling this morning after a flash crash in the Japanese Yen overnight. Japan is still on a holiday today and the light liquidity conditions around the US –Asia handover resulted in a perfect storm for an outsized move in FX pairs. Fears over a slowdown in China and the resultant contagion into global markets, has maintained a high level of fear in the markets. ...Read More

Market sentiment is under pressure again today as the US Government shutdown rumbles on. Democrats are set to take control of the house tomorrow, splitting congress and requiring a greater compromise from Republicans in order to find a resolution to the current situation. This aspect of the geopolitical landscape has put traditional risk off moves into play, such as a flight for safety into Gold. ...Read More