Tuesday, July 23, 2019
Turkish lira drops by 11% since Friday Erdogan hints at capital controls Contagion is starting to spread to Europe The forex trading week has barely started and the situation is already looking very bad for...
Caterpillar and Boeing drag Dow Jones lower Facebook, Microsoft and Google end Thursday higher Tesla share price drops 2.4% On Thursday 9 August the Nasdaq managed to end higher for the seventh day in a...
This despite solid Redbook Index and Jobs Openings data USD/JPY down to 111.25 at one stage after showing early losses Currency pair has since recovered to 111.28 Monday’s forex trading session was a difficult one...
From Shanghai to Singapore, stock markets trade higher Sydney’s S&P-ASX 200 drops slightly Strong quarterly results continue to drive stock prices higher Asian stock markets have been following Wall Street’s example and trading higher today,...
CNY/USD was trading at 6.8513 at one stage on Monday This comes after the PBOC re-introduced a 20% reserve requirement The bank says this is not capital control; it merely wants to avert macro-financial...
Most market players were waiting for Fed commentary USD/CAD dropped below 1.3000 at one stage Rate increase expected in months to come The forex trading environment in the US remained less than ideal on Wednesday...
Bloomberg reports on possible US-China meeting S&P 500 Industrials subsequently trades 2% higher S&P 500, Nasdaq and Dow Jones also end the day higher The biggest US stock exchanges began yesterday on a strong note,...
Rate hike possible in the UK Bank of Japan could reduce bond buying US employment data due on Friday This week, central banks will take to the stage with a storm of important policy announcements. The...
USD strengthens against basket of currencies Higher PPI increases chances of more rate increases CAD drops despite Bank of Canada announcing higher rates The USD strengthened yesterday as data indicated that United States wholesale prices...
JP Morgan Chase picks four best currencies for recessionary hedges Singapore dollar least attractive Yen should form part of any recession hedge According to JP Morgan Chase analysts, if an international or US recession is...