A big week in FX; AUD may bounce

Posted on April 29, 2022 By Greg

Among many contenders, the biggest story of the week in financial markets is the melt-up in the USD. It has gone from strength to strength since around the middle of last week. The drivers have rotated from a drop in the CNY with covid lockdowns, a drop in the EUR on energy crisis fears, volatile […]

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Pandemic and Ukraine crisis kick-start a new era of inflation

Posted on March 6, 2022 By Greg

Back-to-back inflation shocks The global pandemic delivered a major shock to the global economy.  Just as we were coming to terms with the shockwaves of this crisis, the Ukraine war dealt another major shock. A key development from the first shock was inflation.  Policymakers reassured us that this would be transitory.  They changed their mind […]

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

Posted on June 21, 2019 By Greg

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 have undermined the USD.  However, the Fed is struggling to gain the initiative and appears to be […]

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A Spectacular Test of Endurance

Posted on October 8, 2018 By Greg

Hi All, I have just been on a bike tour in Provence France organised by my friends Pieter and Carolyn of Bike Plus Tours. My wife and I met Carolyn and Pieter in Breckenridge, where we all live most of the year, and we have become good friends. Carolyn is an Aussie, like us, but […]

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New Australian PM offers a path to AUD redemption

Posted on August 25, 2018 By Greg

The AUD sunk and then rebounded again on political developments this week.  The ascendency of Scott Morrison to PM offers the ruling party a road to redemption.  Morrison comes from the most senior ministry role of Treasurer and has built a strong reputation as a pragmatist in controversial posts in immigration and social services ministries.  […]

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Catch-Up! ECB/Fed, China and AUD melt-down

Posted on June 16, 2018 By Greg

An eventful week.  I was out on family business in Denver on Tuesday and Wednesday and felt like I have been trying to play catch-up through Thursday and Friday.  I’ve turned this into a blog post since it is already late Friday and I presume most of you are cruising into the weekend.  But it […]

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Aussie Latte in Sunny Colorado

Posted on May 26, 2018 By Greg

Hi Y’all, sorry that’s my attempt at being folksy. I’m not even from the south. This my blog#2; occasional free commentary, less formal, free-wheeling, D&M, mixing market thoughts with what’s happening in my world and updates on our business.   ECB Novocaine wears off The big moves in the last week or two were in […]

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