Markets Mixed as Brexit and Trade War Remain Unresolved
Direction isn’t very clear in the financial markets today as they’re generally in consolidative mode. Sterling was lifted...
Yen Lower as Investors Relieved by Suspension of Huawei Ban, Sterling Higher on Short Covering
Risk aversion eased mildly today as markets respond positive to US decision to delay the sanctions of Huawei...
Australian Dollar Tumbles as RBA Hints on Rate Cut; Huawei Sanctions Temporarily Eased
Australian Dollar continues to be the spotlight of the week. It’s knocked down by RBA Governor’s comment that...
US-China Trade War Intensifies with Huawei Isolation, Currency Markets Shrug Risk Aversion
US-China trade war remains a dominant theme in the global financial markets today. Words from both sides continued...
Australian Dollar Cheers Election Results, Euro and Franc Turn Softer
Australian Dollar open generally higher this week as traders cheer election results over the weekend. Canadian Dollar is...
CHF, USD & JPY Surged on Deals, Sterling Plummeted
Deal, deal, deals. They’re the main themes in the markets last week. The cross-party Brexit talks in UK...
Sterling Pressured as Cross-Party Brexit Talks Collapsed, Sentiments also Weighed Down by Trade Worries
Sterling suffers heavy selling today as after Brexit negotiations between the UK government and opposition Labour formally collapsed....
Yen Mildly Higher as China Said to be Unkeen to Resume Trade Talks with US
Asian markets once again decouple from the US. While US stocks staged a strong rebound overnight, Asian indices...
Sterling Extends Decline, Markets Shrug Trumps Huawei Threats
Market sentiments are generally steady today. Better than expected job and housing data lift Dollar mildly higher in...
Yen Firm as Risk Aversion Remains, Australian Dollar Lower on Unemployment Rate
US stocks recovered overnight on talks that Trump is going to delay auto tariffs decision, due May 18,...
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