Catch up on the latest trends and updates in the financial and forex markets with our daily blog posts. We break down key movements, currency changes, and market shifts, giving you a clear picture of what's happening in real-time. Stay on top of the news and get the info you need to make smart financial decisions.
The last week ended with a bang, as Trump accused China of reneging on the interim trade agreement and retaliation was in the wings.
Read more →Markets were shaken by the latest court order, in the USA, by the US Court of International Trade. This effectively halted the Trump tariffs and was a boost to many Countries, that do not have a trade agreement with the USA.
Read more →Markets were softer overnight, after posting big gains in the previous session, due to the delay in EU sanctions. German and EU Consumer Confidence remains in the doldrums, while French Q1 GDP growth was conveniently 0.1%, there by marginally missing technical recession territory.
Read more →Markets in the US rebounded strongly, following the Memorial Day long weekend, after Trump postponed the imposition of the ‘50% tariff’ on all EU products and services. The deferment follows a hasty phone call from EU leadership.
Read more →Market sentiment turned negative, over the weekend, following the announcement of tariffs on the EU. President Trump announced a 50% tariff on all EU products, commencing 1st of June, as the opening volley in the renewed trade war with the single market.
Read more →Markets closed out the week flat, with the US Dollar attempting to regain some lost ground, but failing miserably. The EUR headed back towards 1.1400, while the GBP approaches 1.3500, on the back of strong UK Retail Sales.
Read more →US equities traded higher overnight and assisted a US Dollar fightback as economic data suggested the economy remained resilient in the face of tariff uncertainty. The USD making broad gains vs the G10 currencies backed by US manufacturing and service sector results were both higher than consensus.
Read more →The weakness of the US Dollar remains the centre theme surrounding markets, allowing further gains in the EUR and the GBP. The EUR topped 1.1300, while the GBP broke back above 1.3400. The US Dollar weakness is a result of concerns surrounding the US economy and US growth.
Read more →US equity markets tracked lower, with the Moody’s downgrade being digested, along with market sentiment. The US Dollar tread water, with the EUR trading just above 1.1250, while the GBP held 1.3350. Canadian inflation was hotter than expected, coming in at 2.5%, up from 2.2%.
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