EUR/GBP – Three Days Until Brexit, Again
Biggest week yet for Brexit, until the next one Brexit drama may be ramping up and desperation kicking in, but traders remain in quite a relaxed mood as we navigate through another hugely important week in the process. May has...
Sideways: Goldman’s Varadhan looks lonely
The dominance of the investment banking lieutenants of Goldman chief executive David Solomon at the top of the firm was reinforced on September 3 when Chavez was replaced as one of three global securities co-heads by Marc Nachmann, who had...
Can Credit Suisse’s Khan turn around UBS Wealth Management?
UBS’s Iqbal Khan, the former head of International Wealth Management at Credit Suisse UBS announced at the end of August the departure of Martin Blessing, co-head of UBS Global Wealth Management (WM), and his replacement by Iqbal Khan, the former...
Europe slams ‘exaggerated’ US tariff threat and prepares to retaliate
The EU has hit back at new U.S. proposals to target European goods with tariffs, following a World Trade Organization (WTO) ruling over subsidies for Airbus. Trade tensions between the EU and U.S. flared Monday after the U.S. said it’s...
How to Manage the Emotions of Trading
Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm...
ECB Negative Rates In Focus
ECB negative rates in focus In light of news that a major French Bank will layoff 1,600 employees, the topic of ECB negative interest rates effect on banks’ balance sheets has become hot again. Discussion on negative rates will be...
WTI Oil Futures Trade Overbought At 5-Month Highs
WTI oil futures picked up further steam early on Wednesday to unlock a fresh 5-month high of 64.74. According to the RSI and the Stochastics, the market is trading in overbought zone, suggesting that the price could soon reverse lower....
The US Dollar Is In The Red. Bexit Is In The Spotlight
The US dollar weakened against a basket of major currencies amid fears of the economic slowdown. Yesterday, the Ministry of Commerce reported that orders for manufactured goods fell by 0.5%, as experts expected, amid weak orders for cars, transportation equipment,...
Dollar and Euro Pressured as Trump is Starting US-EU Trade War
Dollar and Euro are trading as the two weakest ones today as pressured by renewed threats of escalation in global trade war. While trade talks with China continue to drag on, US is preparing to start another battle targeting EU....
Market Morning Briefing: USDCNY Is Trading Below 6.7270
STOCKS Global equities seem to be losing momentum. Among the major indices DAX looks vulnerable for a sharp fall while others like the Dow, Nikkei, shanghai, Sensex and Nifty can either consolidate or dip slightly before moving higher. Dow (26341.02,...
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