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Stocks rebound on PBoC as EZ deflation boosts ECB QE prospects

February 29, 2016 12:40 PM
<p>The European stock markets started the new week and the last day of February on the back foot this morning. The kick-back rally had actually fizzled at the end of last week when oil prices also retreated from their recent highs due in part to profit-taking, while at the weekend, the G20 meeting ended with few surprises. News that German retail sa...

AUD/USD bounces on PBOC & Chinese trade data, but is it a false dawn?

January 13, 2016 2:05 PM
<p>It’s said that the night is blackest just before the dawn, and investors clearly had a very dim short-term outlook on China’s economy earlier this week. After some aggressive action from the People’s Bank of China (PBOC) and better-than-expected trade data, there is a glimmer of hope on the horizon, but only time will tell if it’s a false dawn or...