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.
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%.
Read more →The big news overnight was a reset in relations between the UK and the EU. A new agreement was signed ahead of the big G7 meeting starting tomorrow. The news of closer relations between the UK and Europe may shock many, considering the people voted to leave the EU, in a binding referendum.
Read more →Markets rallied into the close of the previous week, buoyed by positive sentiment and growing confidence. Trump has secured two major trade deals and completed the most successful of official visit to the Middle East, securing Trillions of US$$ investment, into the USA.
Read more →Markets began to trade according to economic data releases, rather than fears held over global trade wars. The latest US PPI was softer than expected, joining the last CPI inflation reading, confirming the tariffs have not raised inflation, but in fact the opposite.
Read more →Markets are building on the recent gains, enjoyed early in the week, due to the US trade agreements. The US/China 90-Day trade agreement, accomplished over the weekend in Switzerland, was a massive boost to market sentiment globally.
Read more →
