Forex Market Size: A Traders Advantage
Forex Market Size Talking Points: The forex market is the largest and most liquid market in the world The US dollar makes up the majority of forex transactions The forex market’s deep liquidity is advantageous to traders by allowing them...
Euro Weighed Down by Germany Slowdown Worries, Sterling Pares Gain ahead of Brexit Vote
European majors are trading notably lower today. Euro is weighed down by concerns over slowdown in Germany, which might already had a technical recession in Q3 and Q4 already. Sterling also pares back some gains again traders turn cautious, ahead...
The White House thinks the shutdown will be twice as bad for the economy as expected
The Trump administration now estimates that the cost of the government shutdown will be twice as steep as originally forecast. The original estimate that the partial shutdown would subtract 0.1 percentage point from growth every two weeks has now been...
Treasury yields lower as China slowdown fears wane; traders await key Brexit vote
U.S. government debt prices were higher on Tuesday, amid hopes that China would introduce more measures to support its weakening economy. The yield on the benchmark 10-year Treasury note slipped to 2.688 percent, while the yield on the 30-year Treasury...
Cryptocurrencies Jump After Last Week’s Sharp Decline
In the first week of the year, the prices of cryptocurrencies jumped as traders started betting on their revival. The rally led to the price of Bitcoin and Ethereum reaching highs of $4225 and $156, respectively. Then, last week, the...
Pound Strong ahead of Brexit Vote, Yen Soft as China Pledges Strong Start
Risk appetite stages a come back in Asian session today as China pledged to “strive for a good start” in 2019. With Asian markets having broad based gains, New Zealand Dollar is leading commodity currencies higher. On the other hand,...
How to Know If You Are Invested in the Right Emerging Market
Most investors like to explore the emerging markets for potentially higher returns. Why is this? Simply because the higher the risk, the higher the potential return. Emerging markets rely heavily on foreign investments to be able to fund projects to...
‘Not your grandmother’s economy’ — Cantor CEO Howard Lutnick says growth still has 2 years to run
The U.S. economy “feels good” and shows no sign of a recession in the next 12 months, Howard Lutnick, chairman and CEO of financial services company Cantor Fitzgerald, told CNBC on Monday. “Everybody talks about this ‘late cycle.’ But they...
Gundlach’s warning on ‘ocean of debt’ adds to worries over corporate bonds
After years of U.S. companies taking advantage of low interest rates to pile up cheap debt, Wall Street is beginning to take notice of a problem forming. Corporate debt outstanding ended 2018 at just over $9 trillion, a 64 percent...
Japanese Yen Edges Higher, US Inflation Data Ahead
USD/JPY has started the week with slight gains. In Monday’s North American session, the pair is trading at 108.31, down 0.19% on the day. It’s a very light day on the release front. The sole Japanese event is M2 Money...
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