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Gold prices start the week lower as the US Dollar strengthens due to averted government shutdown and expectations of a stronger dollar in 2025. Gold’s safe-haven appeal may be tested by geopolitical...
The ECB implemented a 25bps rate cut, with some policymakers favoring a larger 50bps cut, and signaled potential for further cuts in the upcoming meetings. The BoE is expected to hold rates at its...
The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%.BoC Holds Interest RatesThere were no surprises...
Asian markets were handed a Wall Street hospital pass this morning as Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) both missed quarterly earnings expectations in after-market announcements. Rising...
US stocks seesawed after optimism with both stimulus negotiations and progress with antibody treatments with the coronavirus was countered by Fed Chair Powell’s reminder that recovery needs...
US stocks climbed higher following further progress with stimulus talks and after an impressive round of economic data showed the economic recovery is still going strong with the labor market,...
Oil rallies with equity marketsOil prices jumped overnight, as equity markets moved higher, which lead to a squeeze on short-term speculative oil positioning. Brent crude rose by 1.75% to USD42.50 a...
US stocks are off to a positive start as investors look beyond rising virus cases in the US and focus on the economic comeback that seems firmly priced in for next year. The S&P 500 and 30-stock...
US stocks are bouncing back as investors jump back on the mega-cap tech trade and after a couple battered cruise companies got upgraded. Optimism that stemmed from the restart of negotiations between...
Panic setting inA torrid start to the week for European stocks and the US isn’t faring much better early in the day, as rising Covid cases reignites fears of more restrictions, perhaps...
Tech stabilises after Thursday sell-offA relatively tame end to an otherwise wild week in financial markets, which saw tech volatility resume while the pound had its worst week since March on Brexit...
Focus Remains on TechEuropean stocks made impressive gains on Monday, playing a little catchup from the late rally on Wall Street on Friday and as the US celebrates Labor Day bank holiday. The tech...
Wall Street Poised For Best August in DecadesA rather flat end to an otherwise very good month, with indices from Europe to the US enjoying their best August in many years. There’s been nothing...
Markets Rally on Vaccine HopesA bumper start to the week as the Trump administration seeks to fast track a Covid vaccine and treatment, raising hopes that a solution may come to market faster than...
Trump Pushing For Pre-Election VaccineEurope is off to a strong start on Monday as investors play catch up following the late rally on Wall Street on Friday and as stocks in Asia make strong...
Decent Recovery After Early LossesEuropean stock markets are ending the day on a positive note, having recovered from a negative start to the session to grind out a decent return as the day...
Can Earnings Support the Rally?Stock markets have been given another lift this morning by another promising vaccine trial, this time from Moderna (NASDAQ:MRNA), as the race to be the first to market...