Events to Look Out For Next Week

An important week is coming up with regards to economic announcements and central banks, as PBoC, BoJ, BoC and ECB rate decision are expected to take place although none are expected to shake the market. Meanwhile, reduced liquidity will define trading on Friday as the Chinese Lunar New Year holiday begins. Monday – 20 January …

2020: A challenging year for the UK

Today the Pound dove over 0.5% on BoE remarks from Governor Carney, who, despite noting some early signs of improvement since last month’s election, described economic growth as remaining below potential while disclosing that members have been discussing stimulus. Meanwhile, on the Brexit front, the Withdrawal Agreement Bill is set to comfortably pass the remaining stages …

FX Update – December 30 – USD Pressured

EUR, JPY & CAD, H1  The Dollar has continued to trade softer in thin markets. The narrow trade-weighted USDIndex (DXY) ebbed to a 17-day low at 96.73. The Index has racked up a near 1% loss over the last week, which has come as global stock markets rallied to fresh major-trend highs, or record highs …

Events to Look Out For Next Week

Brexit is finally getting underway and global trade talks progressing in this final weeks of 2019. Although, the risk around these events has been trimmed, ample uncertainties remain, leaving scope to further whipsaw markets into the new year. Holiday-thinned staffing in Europe, Asia and the US in the middle of the week ahead will severely …

Politics & Trade News spice up narrow ranges

USDJPY, H1 Politics remain front and centre today. 3 significant events in an otherwise light US data day. The House has announced 2 articles of impeachment against President Trump. Earlier there were headlines saying the US and China are discussing ways to deescalate the tariff conflict such that there could be a delay to the …

Events to Look Out For Next Week

Welcome to our weekly agenda, our briefing of all the key financial events globally. Following another cautious week, after trade jitters and the prospect of further protests in Hong Kong weighed on sentiment, two interest rate decisions and NFP data stand out in the announcement schedule next week. The US-China trade tensions, upcoming UK elections …

Choosing Best Investment In Mutual Funds?

Mutual funds are one of the easiest and best ways to make money in a shorter period of time. When it was first launched by banks and the financial institution it was not common during those days to invest in mutual funds but those people who have invested in those earned good returns. Therefore the …

FX Action | 25 November 2019

Risk appetite improved during the Asian session and stock markets moved broadly higher. European stock markets are also up and they are moving higher, with GER30 and UK100 currently up by 0.73% and 0.59%. UK100 The latest opinion polls for the U.K. election confirmed the leading position for the Conservative Party, which together with a …