Equities extend gains; UK Parliament blocks no-deal – Pound advances as UK Parliament blocks no-deal exit; all eyes on May-Corbyn talks – Equities extend winning streak as trade optimism rides high – ECB minutes the highlight on today’s calendar Parliament blocks no-deal Brexit, pound advances The Brexit process continues to dominate headlines. The House of […]
Continue ReadingPound climbs as May warms up to Corbyn; stocks jump Encouraging trade signals lift risk sentiment; high-level talks resume today Sterling climbs as May warms up to Corbyn to break deadlock Dollar pulls back ahead of ADP report and ISM non-manufacturing PMI Risk appetite boosted by hopes for trade breakthroughs After a relatively uneventful session […]
Continue ReadingStocks, dollar rip higher as growth fears ease – Rebound in Chinese PMIs fuels rally in global stocks – Dollar climbs, euro softens on disappointing inflation data – Pound outperforms as ‘soft’ Brexit outcomes or long extension seem likely – Aussie drops after RBA recalibrates language Stocks and dollar cruise higher as China-induced rally […]
Continue ReadingPound plunges as May makes final push for her deal; dollar holds firm as trade talks eyed Sterling is in freefall again after Prime Minister May decides to put her deal to a third vote, but without the political deceleration on a future relationship Dollar holds near highs despite lower GDP revision as Treasury yields […]
Continue ReadingDollar firms as its peers struggle; pound slips as MPs fail to reach Brexit consensus US dollar continues to inch higher despite falling yields as more central banks join dovish bandwagon Pound comes under pressure after indicative votes produce no majority for any option and May’s offer to quit fails to win enough support for […]
Continue ReadingDollar edges up as Treasury yields stabilize; Kiwi slumps as RBNZ hints at rate cut – Dollar firmer despite weak US data as Treasury rally eases – New Zealand dollar nosedives after RBNZ says rate cut more likely than a hike – Pound choppy ahead of crucial indicative votes on Brexit in Parliament Steadier Treasury […]
Continue ReadingSterling steady as May loses control of Brexit process; dollar weighed by falling US yields – Pound holds steady as British MPs prepare to vote on alternative Brexit plans – Dollar struggles following yield curve inversion – Equities breathe sigh of relief as US yields edge up Pound hovers around $1.32 as Brexit drama continues […]
Continue ReadingDollar roars back; euro crumbles on soft PMIs – Dollar recoups Fed losses as other currencies soften – Stocks climb as reports reignite trade hopes – Pound trims losses as EU offers short extension – Euro plunges as Germany’s manufacturing PMI signals more pain ahead Dollar roars back, recoups Fed losses The US dollar staged […]
Continue ReadingDollar reels as Fed abandons hikes; BoE decides – Fed ‘dot plot’ shows no hikes in 2019, dollar crumbles – Sterling nosedives as May requests short extension; BoE meeting and EU summit today – SNB remains on hold, reiterates readiness to intervene in FX Dollar plunges as Fed abandons rate hike plans – easing bets […]
Continue ReadingLong Brexit extension looms; dollar retreats as Fed casts shadow Pound drops as Brexit angst deepens, but prospect of long extension offers ray of hope Growing Fed rate cut expectations support risky assets, weigh on dollar Crude oil continues to march higher UK House speaker vetoes third Brexit vote – long extension in scope UK […]
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