Take these steps to control your (over)reaction in the face of market volatility
Gyrating markets, rising rates and significant market volatility will always create anxiety for investors and leave them with a bad, sinking feeling. Those big swings typically cause investors great concern, no matter the rise or fall. But what is the...
More Upside in Dollar after Breaking Key Resistance, Sterling Selloff Continues
Sterling continues to trade as the weakest one for today as negative Brexit news fly around. It’s reported that European Council President Donald Tusk has given UK Prime Minister Theresa May a deadline for an extra November summit. And enough...
Mifid II is hurting, but there is no way back
One year on from the entry into force of Europe’s Markets in Financial Instruments Directive (Mifid II), the deleterious impact on equity research is now clearly apparent. Mifid II’s squeeze on brokers’ revenues is industry-wide. Individual firms will always argue it is...
EURUSD Heavy Losses Expected Below 1.1300
The euro has opened the new trading week under downside pressure against the US dollar, with price edging closer to the current yearly trading low. The EURUSD pair risks heavy technical selling below the 1.1300 support level, as a number...
GBPUSD Under Technical Pressure
The British pound has continued to slide lower against the US dollar in early Monday trade, with price fast approaching the 1.2900 support level. The GBPUSD pair will likely remain under heavy intraday selling technical pressure while trading below the...
Crude Oil Rises As Saudi Signals Supply Cuts
The price of crude oil jumped in the Asian session after Saudi Arabia announced measures to reduce supply. The Saudi Arabian Minister of Energy – Khalid al-Falih – said that the country will slash oil output by 500K barrels a...
Brexit Monitor: No UK Compromise On Backstop Proposal Just Yet
UK politics remain poisoned, as PM Theresa May tries to find a final compromise in her Cabinet to unlock the negotiations with the EU. The ambition was to have a full draft withdrawal text ready early this week but the...
Sterling Dives as Nov Brexit Deal Becomes Distant, Canadian Dollar Follows Oil Rebound
Sterling opens the week sharply and broadly lower as it’s getting less and less likely to complete a Brexit deal within November. Yen is the second weakest as Asian stocks recover mildly after last week’s selloff. Meanwhile, Euro is following...
Economic impact of Brexit: special focus
Banks in the eurozone will not be able to count any of their English-law bail-inable debt toward their pending requirements if no Brexit deal is reached between the EU and UK – translating into some €126 billion of subordinated bonds....
SAP is acquiring survey software maker Qualtrics for $8 billion
SAP is acquiring Qualtrics for $8 billion, snapping up the survey software company just before its planned IPO. The all-cash deal has been approved by the boards of both companies and by Qualtrics shareholders, SAP said in a statement on...
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