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Market OverviewThe US Dollar is beginning to really feel the squeeze once more as a string of factors play into a move away from the Greenback. Firstly, the dollar is suffering in its considered safe...
Confirmation of what exactly Theresa May has planned for March’s Brexit bonanza slowed the pound down while keeping the brunt of its gains intact. The Prime Minster promised, not one, not two,...
Prime Minister Theresa May has opened the door for a delay to Brexit by telling the House of Commons that should they fail to approve her new re-worked deal next month they will get the chance to vote...
Brexit developments so far this weekPrime Minister expected to rule out a no-deal Brexit in Commons speech Follows on from confirmation that Labour is inching towards endorsing support for a second...
Global equities are trading under pressure in the overnight session, while sovereign bond prices have found a bid as investors pare back a portion of their initial euphoria surrounding the Sino-U.S...
The Brexit delay rumours gathered steam as Tuesday went on, allowing the pound to really let rip, the currency racing ahead as the FTSE choked on the dust left in its wake.Reports suggest that Theresa...
Daily FX Market Roundup February 25, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.We are starting this busy trading week with solid gains in equities and currencies. Thanks...
The U.S. dollar, after its strong mid-February run, is sliding. It's fallen on seven of the last eight days, dragged down by Treasurys, as traders backpedal into growth on the back of a seemingly...
Market OverviewPresident Trump has tweeted that “substantial progress” has been made in the talks between the US and China over their trading relationship. This means that Trump will delay...
First, a review of last week’s events:- EUR/USD. For almost the entire week, the pair stayed where it had been repeatedly a week, a month, and two or three months ago. Apart from the rare...
Daily FX Market Roundup February 22, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Before the end of this week, US President Trump will decide if the March 1 China tariff...
Stocks Higher As Trade Talks Gain MomentumEuropean markets bounded higher and Wall Street jumped out of the blocks on the front foot as investors cheered news that President Donald Trump is to meet...
Global equities saw some modest gains overnight as investors await results from the Sino-U.S trade talks. Will we get some concrete news or perhaps an announcement of an extension of the March 1...
It’s been yet another tumultuous week for British politics with news this morning that MP Ian Austin has resigned from the Labour party, bringing the total number of ministers to leave the...
Market OverviewMarkets have become somewhat marooned in recent sessions as traders are in wait and see mode for decisive progress to come out of the trade negotiations between the US and China. The...