Latest AmpGFX Reports

Big issues holding down AUD/NZD have flipped

Posted on July 9th, 2019

AUD/NZD is still languishing around record lows.  Pessimism over the AUD increased as the Australian economy stalled in the second half of last year, the Royal Commission into the financial sector unsettled confidence, the housing market downturn accelerated, political uncertainty peaked into the national election in May, and the RBA scurried to cut rates twice […]

RBA has been trying to hold the AUD beach ball under water; its time may be up

Posted on June 24th, 2019

It might be odd to suggest that the AUD will rise just at the point when the RBA has gone to max-dovishness.  But yet we are. RBA dovishness is matched by the Fed.  The global pivot to easier policy is boosting EM and commodity currencies, and the AUD has lagged its peers, suggesting upside risk.  […]

Which currency do you want to hold – gold, crypto or fiat?

Posted on June 21st, 2019

It appears central banks have pivoted towards delivering more policy easing to bolster inflation expectations that have plumbed new lows this year.  The Fed has the greatest scope to ease policy, and the prospect of deep rate cuts has undermined the USD.  However, the Fed is struggling to gain the initiative and appears to be […]

Latest AmpGFX Real Time Briefings

Will Powell come to the party

Posted on June 5th, 2019

  With a small break in the onslaught of bad news on trade barriers and talk of anti-trust investigations, US equities rebound from their recent sharp falls.  US yields are also off the deck, but the market is sending out invitations for a rate cut party, and waiting for the Fed to turn-up.  Fed Chair […]

Safe haven status of the USD starting to crumble under the weight of Trump’s trade wars

Posted on June 1st, 2019

  US equities couldn’t muster an end of month consolidation.  They attempted to stabilise on Thursday but closed near their lows on Friday. The weight of the news was too much – Trump expanding tariffs threats to one of its biggest and most integrated trading partners, Mexico, and trade relations hardened between China and the […]

Bond markets displaying fear, equities clinging to the notion of a Fed or Trump put

Posted on May 29th, 2019

  The US equity market slid into the close on Tuesday to sit on key supports.  The market is beginning to acknowledge that trade policy actions to date are significant impediments to US, China and global growth and earnings. The bond market has proven more responsive to risks to growth so far this year.  Bond […]