Joe Perry's Comment & Analysis
A complete archive of Joe Perry's articles, including current analysis & comment.
The RBA meets tomorrow. It should be a quiet event for the markets, with the Committee remaining dovish. At their last meeting in April, they left rates unchanged after lowering them to near 0% while...
As Emerging Market currencies (EMs) have been putting in all-time lows versus the US Dollar since the spread of the coronavirus in late February, one currency that has yet to do so is the Turkish...
Generally, when stocks up, the Australian Dollar goes up with them. Often we refer to the correlation coefficient and how it can be used to help determine the possible direction of one asset based on...
In the oil market week ahead on Friday, my colleague Matt wrote about the Saudi takers making their way to the United States. These takers are filled with 40 million barrels of oil. Currently, these...
Last week opened with a tremendous capitulation in the oil markets and it has yet to fully recover. The March WTI Crude Oil contract traded below -$40.00. It expired nearly worthless a day later....
Initial Claims released earlier today showed that 4,427,000 Americans filed for initial jobless claims for the week ending April 18th vs an expectation of 4,200,000 and 5,237,000 last. There have now...
It has been quite volatile for the Euro vs the Japanese Yen today. Let’s review some of the headlines that have been released over the past 24 hours that have affected the direction of...
With the collapse in oil prices since the beginning of the week, we have looked at a few currency pairs and what we can expected from them, including the USD/CAD and the USD/MXN. The Norwegian Krone...
The ECB met today to discuss whether or not the central bank should be able to buy junk bonds as collateral in their attempt to keep the European economy afloat. Anticipating a possible downgrade of...
With the selloff in May Crude Oil WTI futures yesterday, in which price traded as low as -$40.00, traders are asking what that really means as far as the world economy is concerned. As discussed...