Stock markets edged lower, with all major Asian and European indices in the red as coronavirus fears continue to overwhelm. With the further decline in stock…
Author BDSwiss
Rates as of 05:00 GMT Market Recap Another big “risk off” day with the screens a sea of red. US stocks were down 3.4% and every…
This morning oil prices rose more than 1% ahead of an OPEC meeting which is expected to push the group and its allies including Russia to…
Rates as of 05:00 GMT Market Recap The Bank of Canada (BoC) cut its policy rate by 50 bps and left the door open for further…
Rates as of 05:00 GMT Market Recap The Fed surprised the markets with a unanimous inter-meeting 50 bps cut. This followed a conference call among the…
The Pound could come under further pressure until a trade deal might be found. The strong approach from the UK towards the EU is now being…
Rates as of 05:15 GMT Market Recap There’s been a huge “risk-on” move in anticipation of some sort of coordinated action to support the global economy…
After a relatively empty schedule last week, there’s a lot more going on this coming week. I fear though that it’s likely to be drowned out…
The plunge on the stock markets also continued for another day leaving investors with a decline of about 15% on average so far for the week…
Rates as of 05:00 GMT Market Recap Well, it wasn’t so long ago that we were bemoaning the fall in volatility in the FX market. We…