Safe Havens Higher on Slowdown Concerns - 17 December 2018
17 December 2018 | 9:47 am
The US Dollar remained close to a 19-month peak during Asian trade on Monday, largely as safe haven assets were driven higher in the wake of growing concerns over a worldwide economic slowdown.
Dollar Higher Despite 2019 Uncertainty
14 December 2018 | 10:37 am
During the Friday trading session in Asia, the US Dollar moved higher against major peers as market focus shifts to next week's expected Fed rate hike.
Pound Higher on May Relief
13 December 2018 | 3:01 pm
The Pound Sterling edged higher during Thursday trade in London after the Prime Minister managed to eke out a win after the Parliamentary no-confidence vote on Wednesday.
Ease in Trade Tensions Bolsters Markets
13 December 2018 | 9:41 am
Asian markets headed higher on Thursday after signs that the trade war between the United States and China may be easing slightly.
Pound Recovers after Rough Night
12 December 2018 | 4:06 pm
The Pound Sterling recovered from the overnight 20-month trough despite continued threats to the Prime Minister's position by members within her own party.
OPEC Production Cut Sends Oil Higher
12 December 2018 | 9:38 am
Oil prices soared on Wednesday, with traders remaining optimistic about OPEC’s production cuts which were confirmed last weekend.
Dollar Stuck in Doldrums
11 December 2018 | 3:11 pm
While news of the chaos in the British economy relative to the uncertainty of the Brexit have taken over the headlines, the Pound's impact on other currencies, as a result, cannot be understated.
Pound Hovers Near 20-Month Lows on Brexit Delays
11 December 2018 | 10:26 am
Plagued by concerns about the upcoming Brexit, the British pound has sunk to levels not hit since April 2017.
Pound Slides Ahead of Vote
10 December 2018 | 5:00 pm
The Pound Sterling continues to slide and moved close to a 3-month trough versus the common currency Euro as FX traders await the Brexit vote in the British Parliament.
Oil Takes the High Road as Stock Markets Collapse
10 December 2018 | 10:39 am
A meeting between OPEC members and their oil-producing allies on Friday resulted in an agreement to cut oil supply by 1.2 million barrels per day starting in January.
Weekly Economic and Political Timeline
9 December 2018 | 12:18 pm
This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the Euro and the Swiss Fran, plus very important U.S. and British economic and political data.
Dollar Crawls Higher in Asian Trade
7 December 2018 | 10:25 am
The US Dollar was finally seeing some recovery after struggling for traction earlier in the Asian trading session.
Pound's Fate Hangs on Parliament Vote
6 December 2018 | 3:17 pm
The latest polls on the Pound Sterling suggests that the fate of the currency is almost completely in the hands of the Prime Minister.
Global Markets Continue Steep Declines
6 December 2018 | 9:43 am
Global stock markets continued a selloff that began on Tuesday as traders faced new fears about the continuing trade war between the U.S. and China.
Pound Sentiment Erodes after Opening Debate
5 December 2018 | 2:38 pm
With FX market sentiment eroding on the upcoming Brexit, the Pound managed to recoup some of the overnight losses it experienced.
Trade War Confusion Befuddles Traders, Rocks Markets
5 December 2018 | 9:29 am
After two days of solid gains, global stock markets have resumed their downward path.
Pound Boosted by Unexpected Advice
4 December 2018 | 1:48 pm
An unexpected piece of legal advice has helped to boost the Pound Sterling in London trading.
Oil Continues its Rally
4 December 2018 | 10:49 am
Oil prices extended their rally on Tuesday after a day of big gains on Monday as traders remained optimistic that OPEC will announce fresh production cuts after its meeting in Vienna later this week.
Euro Higher on PMI Reports
3 December 2018 | 2:16 pm
The Euro edged higher after the release of a slew of PMI reports which predominantly showed better than expected outcomes in November for the Euro area's manufacturing sector.
Markets Rally on Trade War Ceasefire
3 December 2018 | 10:18 am
Asian stocks traded higher and U.S. stock futures also rallied after the announcement of a 90-day ceasefire in the trade war between the United States and China.
Weekly Economic and Political Timeline
2 December 2018 | 11:54 am
This week is likely to see some a greater amount of activity compared to last week, with central bank input due for the U.S., Canadian, and Australian Dollars.
G20 Summit Eyed for Trump-Xi Talks
30 November 2018 | 2:47 pm
FX traders are anxiously awaiting the start of the US-Sino discussion on trade which is expected to take place during the G20 summit in Argentina.
Brexit Concerns Dampen Pound Sentiment
29 November 2018 | 3:55 pm
With a deteriorating economic outlook a possibly inevitable result of a hard Brexit, the Pound continued to slide against its two major counterparts, the US Dollar and the common currency Euro.
Fed Comments Propel Markets Forward
29 November 2018 | 10:49 am
Traders found new reasons for optimism on Thursday after U.S. Federal Reserve Chairman Jerome Powell commented that the Fed’s policy rate is now “just below” estimates of a neutral economy.
Pound Higher Despite Warnings
28 November 2018 | 5:00 pm
FX traders are preparing for the onslaught of dire warnings about a “no-deal Brexit” by earlier pushing the Pound Sterling close to a 2-week trough.
North Sea Outage Boosts Oil Prices
28 November 2018 | 9:47 am
Oil prices were up just over 1 percent during Wednesday’s Asian trading session after the shutdown of the Buzzard, Britain’s largest North Sea oilfield for repairs.
Brexit Sentiment Soured by Trump
27 November 2018 | 3:13 pm
Investors' sentiment for a Brexit deal soured in the overnight hours after the US President negatively commented that the Brexit deal might negatively impact trade between the US and Britain.
New Trump Tariff Threats Spook Traders
27 November 2018 | 10:17 am
According to a new report published by the Wall Street Journal on Monday, U.S. President Donald Trump has hinted that he may implement new tariffs on iPhones and laptop computers imported from China.
Pound Higher on Brexit Deal News
26 November 2018 | 3:24 pm
The Pound Sterling continued to inch higher after this weekend's news on a Brexit agreement helped to alleviate investors' concerns.
Stocks, Currencies Start Week Mixed
26 November 2018 | 10:54 am
Asian markets were searching for direction on Monday as traders looked towards the meeting between U.S. President Donald Trump and Chinese President Xi Jinping that will take place at the end of the week.