Rates as of 05:00 GMT Market Recap Here’s half of what you have to know about the markets today: The number of new coronavirus cases worldwide…
Author BDSwiss
The week started with great promise: a G7 Finance Ministers and central bank governors conference call to deal with the coronavirus menace. But what came out…
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…
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…