The GBP recovered after the British government unveiled a 30 billion pound economic stimulus plan yesterday, hours after the BoE slashed interest rates to lift the…
Rates as of 04:30 GMT Market Recap There was a much better mood in the market yesterday, but it’s fading already. US stocks were up almost…
Rates as of 05:00 GMT Market Recap Rod Stewart said “Every picture tells a story, don’t it.” Today’s story, shown in the picture below, is the…
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…
Market Recap Yesterday was “Day A,” a risk-on day. Today is “Day B,” a risk-off day as stocks in Asia turn lower. JPY and CHF are top, AUD…
The week now ending had several memorable events: life outside the EU began for Britain, Trump escaped being tossed out of office, there were a number…
The sterling is not fairing well this morning with statements from EU chief negotiator Michel Barnier who warned the U.K. on Monday that the bloc will…
Gold is slowly rising despite a stronger USD as global bourses seem to have reached a peak and the only way from here is down. XAU/USD…
1. All Eyes on Manufacturing Data China manufacturing data has come in surprisingly better-than-expected with the factory activity gauge jumping for the month of November. Asian…
1. HK News Push Risk Appetite Higher Bourses in Asia were mostly higher on Monday morning after a local HK election revealed a change in sentiment:…
