City Index

FX Brief: Risk sentiment was given a gentle boost with traders anticipating that US and China will sign the much-touted phase one trade deal on Wednesday.The British pound was weaker...

As of Tuesday 7th January: Net-long exposure to USD fell to $4.3 billion. At -$10.2 billion from the prior week, it’s the least bullish investors have been to the dollar since June...

With both the US and Canada set to release employment figures at 13:30 GMT, USD/CAD warrants a look. Data has generally undershot expectation for Canada since the end of November. Given...

European markets enjoyed solid gains on Thursday as Mideast calm has seen traders put risk back on the table. Equities were in demand whilst safe havens such as gold and the Japanese Yen traded on the...

Sterling was out of favour on Wednesday as the focus turned back to Brexit and the UK’s future relationship with the EU. European Commission President Ursula von der Leyen marked out her red...

FX Brief: Both US and Iran continued to signal their desire to avoid further conflict.China’s inflation steadies at 4.5% YoY and, whilst still relatively high, is not feared high...

The S&P500 made a fresh all-time high on an intraday basis, yet closed back beneath the 3258.10 high. It’s not quite a bearish hammer, but it does show a hesitancy to break higher...

After dropping sharply on the open following Iran’s attacks overnight, the FTSE staged a comeback across the morning. Risk sentiment improved after comments from the White House that damage had...

Big Iran-related headlines are catching investors’ eyes this morning, but they are covering up a slew of company related news that is rocking the FTSE. Abu Dhabi-based hospital operator NMC...

It’s been a turbulent session, but that’s not to say risk cannot pick itself back up from here. If Trump allows.It was clearly a game of two halves for traders, with risk-off dominating...

The FTSE started the day on a marginally higher note but hasn’t been able to remain on an upward course with geopolitical tensions in the Middle East and high oil prices eroding a sense of...

Middle East tensions escalated. And they could come mightily close to taking the lift. Earlier in the session, Twitter streams were jammed of reports of missiles being fired at US airbases from...

FX Brief: The main driver through Asia was reports that US bases were under attack across Iraq. Later confirmed by the Pentagon whilst Trump remained eerily silent, gold, WTI and safe...

The selloff in Asia spilt over into the European session with bourses across Europe on the back foot on Monday. Investors are treading cautiously as they wait to see how tensions between Iran and US...

Tension in the Middle East have mostly dominated sentiment since Friday. However, the US session saw a mild rebound in risk and equities shrug off concerns with the lack of any further...

FX Brief: The US denied reports that they were preparing to remove their troops from Iraq, after an unsigned letter was leaked online suggesting the US were doing just that. The top US...