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Morning Comment: Archived Editions
Detailed below are the morning comments for the last 5 working days. Please select a comment from those below to view the full details, or alternatively you can select a date from the followng drop down box:
As at As at 07.45 Monday, 05 Jan 2009 Plenty for Markets this Week
Friday was again dominated by weak economic data across the major economies. The euro started the New Year with a somewhat weaker tone. The news that the manufacturing PMI for the region had fallen to its lowest level in the survey’s 11 year hi...
As at As at 07.44 Friday, 02 Jan 2009 A New Year after an Eventful and Volatile 2008
The dollar is starting the New Year with a slightly firmer tone after an eventful and volatile 2008 in which it showed a gain of 8.6% on a broad trade weighted basis. However, 2008 was a year which saw the dollar, in early July, hit a lifetime l...
As at As at 08.10 Wednesday, 31 Dec 2008 More Dismal Data Anticipated Over the Week
The day’s trading gets underway with the euro at 1.4096 versus the dollar and 0.9756 versus sterling. Activity was relatively subdued overnight with Japanese markets out for a public holiday and is expected to remain so over the week as the hol...
As at As at 07.23 Tuesday, 30 Dec 2008 Focus on US Data
The day’s trading gets underway with the euro at 1.4052 versus the dollar and 0.9702 versus sterling. In terms of key events, much of the focus will be on US numbers over the day, though activity levels are likely to remain light given the holid...
As at As at 07.35 Wednesday, 24 Dec 2008 Currencies Range Bound
There was little movement in currency rates yesterday or, indeed, overnight as markets wound down in thin trading ahead of the Christmas break. Data releases had little impact but continued to point to a very weak economic picture virtually everywhere....
