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A surge in energy prices will greet our domestic markets this morning, the overall commodities complex improved its position with most index markets flat. The currencies space has again moved into a less volatile phase as we await the US Fed updates on interest rates.
The global markets finished flat on Friday but overall the week was higher. The markets now look to the Fed for guidance on interest rates, with discussions about not needing to wait for inflation to tag 2% we could see rate rises but on the cards in the US. The commodities space in particular the energies fired on Fridays sessions up over 5%.
Ben Le Brun discusses last night's rally in US markets 28 August 2015
Ben Le Brun discusses today’s market action 28 August 2015
Ben Le Brun discusses last night's rally on Wall Street 27 August 2015
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