Bad news for emerging markets

Outlook: Canada votes today for a new PM—Harper again or back to Trudeau? (Egypt votes, too.) It’s not likely the election outcome will affect the CAD. Something that could affect…

Bonds and Equities Higher

Financials: Dec. Bonds are currently14 higher at 159’05, 10 Yr. Notes 1 higher at 129’05 and 5 Yr. Notes unchanged at 120’23.7. The market is still fractious in regards to…

$GBPAUD- room to target?

$ GBPAUD- room to target? Currently we are at 2.1303. IF we can break current resistance, we are looking to continue to the R6 Fibo resistance area @ 2.1401 with an…

RBA Minutes – As You Were

RBA Minutes – As You Were:A little later than normal for today’s Daily Market Update, but with the already old news that is the RBA Meeting Minutes coming mid morning,…