Cable dropped to the lowest point for 20 months as Theresa May postponed the parliamentary vote on the draft Brexit deal. The deepening UK political uncertainty and further arguments about a...
With the OPEC meeting being over, the markets ae expected to focus primarily on Brexit this week as the UK parliament could be having its meaningful vote about Brexit. It should be noted though...
The USD weakened yesterday, as the US Treasury bond yields dropped and the fears of a possible reigniting of the US-Sino trade wars sparked. After the uneasy 90 day truce being agreed at the G20...
The pound, rose yesterday on news of a possible no Brexit, despite a shock slide in the Services PMI for November. According to Reuters, economists at JP Morgan, increased the odds of the UK...
In the American session, we get BoC’s interest rate decision and the bank is widely expected to remain on hold at +1.75%, after October’s 25 basis points rate hike, with CAD OIS currently...
RBA remained on hold at +1.50% as was widely expected and the AUD initially had little reaction, however later it started to rise. The accompanying statement kept the outlook for employment...
China and the United States agreed to cease additional tariffs for 90 days. Tariffs worth of $200 billion Chinese imports at 10% remain in place for the beginning of the new year, but the two...
Despite the G20 meeting being over beginning of next week, the markets may start feeling its repercussions on Monday. Also Brexit headlines are widely expected next week, as UK parliamentary...
The G20 Summit is about to kick start in Buenos Aires, Argentina, today and world leaders have started to arrive. In the summit a number of issues are to be discussed, including the future of work...
The USD weakened substantially against its major counterparts yesterday and during today’s Asian session as Fed Chairman Powell made some dovish comments. Specifically Fed Chairman Powell stated...