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Forex News and EventsGBP can still recover Traders should expect a big day for GBP. In an uncertain event, the UK high court will issue a ruling on whether the government releases Article 50 without...
by Eli WrightFor better or worse, the main force driving markets continues to be the upcoming U.S. election. Overnight in Asia, the Hang Seng slipped 0.56%, to 22683.51 . The Shanghai Composite gained...
Here is my point.Yesterday, the Fed gave a post-FOMC meeting statement that downgraded consumer spending and inflation expectations while still suggesting they will raise rates in December....
The UK High Court ruled that Parliament has the right to vote on Brexit for Article 50 is triggered. Sterling had appreciated for four consecutive sessions coming into today. It was trading near...
The Federal Reserve yesterday left interest rates unchanged, but the monetary policy statement issued by the central bank on Wednesday hinted at the possibility of a rate hike in December. A day...
AUD/CHFToday’s support: - 0.7402 and 0.7380 (main), where correction is possible. Break would give 0.7358, where correction also may be. Then follows 0.7337. Break of the latter would result...
Notwithstanding the fluid polling data of the approaching US presidential election – or the outcome of yesterday’s less-anticipated November Fed meeting, the equity markets continue to...
The separation of politics and economics is taken for granted by many, and that makes this current period so frustrating. Investors, perhaps like many voters, just want to get the US election over...
Today, focus will be on the Bank of England (BoE) meeting and the so-called 'Super Thursday', where we get the policy announcements, minutes, an updated Inflation Report and Mark Carney hosts a press...
The FTSE opened the day downbeat. The pound traded higher against the US dollar, yet failed to extend gains against a stronger euro.The UK has a crowded economic and political agenda today. The...
Investors will momentarily have their attention diverted away from the circus that is the US presidential election, today, as Super Thursday in the UK shifts the focus back onto Brexit and the central...
UK Services PMI headed for another round of mild deceleration US jobless claims to tick lower and print near a multi-decade low Economists project ISM Non-Manufacturing Index will stay strong in...
The FOMC broke no new ground Wednesday as its statement read as expected. The Fed indicated that the case for a hike continued to strengthen. It kept the risk assessment balanced, but dropped the...
Last year saw a record number of mergers and acquisitions (M&As), altogether valued at a monumental $4.78 trillion worldwide.Since then, M&A activity has sharply declined overall, with deals...
The seemingly never-ending spectacle that is the US presidential election campaign is entering its final act. By the end of the night on November 8, either Hillary Clinton or Donald Trump will become...