Are stock markets facing a major sell-off? We analyze Yellen’s important words in a wide context, talk about the next moves for the Aussie and the C$ and preview next week’s interesting events.
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- Yellen: It isn’t common for the Fed to comment on stock markets, but the comment about high valuations certainly made waves. Are stock markets too high? What does this mean for rate hikes? We dive into this.
- RBA moves: The RBA cut the rates but the Aussie actually advanced. We discuss the prospects for the land down under.
- Commodity currencies: Moving from Australia to Canada, we discuss the situation of CAD and and oil.
- Preview to next week’s events: Echoes from the NFP are not the only market movers. We focus on events in Europe and the US.
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