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Feb 1, 18 •
3057 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equities rise after a two day fall, FOMC indicates that a March interest rate rise is on, gold rises, whilst U.S. dollar falls versus several peers
President Trump delivered his first state of the union address early Wednesday morning, which appeared to calm Wall Street investors’ nerves, resulting in USA equity markets rising as the New York session opened. The FOMC announced that the key (upper...
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Jan 31, 18 •
3062 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA equities slump, ten year treasury bonds rise to a near four year high, whilst Bank of England governor Mark Carney rescues sterling with his confident testimony
The key U.S. equity market indices; DJIA, SPX and NASDAQ, sold off sharply during Tuesday, after suffering the first sell off in over a month on Monday. The DJIA lost over 400 points at one stage as the intraday low (just above 26,000) was reached. Some...
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Jan 30, 18 •
2670 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. main equity markets close down, U.S. dollar rises moderately, sterling slides as Brexit negotiations heat up
The main USA equity markets, the DJIA and SPX, experienced a modest pull back during Monday’s New York session, whilst the dollar rose moderately as bond rates also rose. Viewers of Bloomberg news and other financial media, will have noted that market...
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Jan 29, 18 •
2278 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Investors and FX traders will begin to focus on the U.S. dollar, due to the FOMC interest rate decision, scheduled for Wednesday
It’s a well-known phenomenon that economic forum meetings convey an air of confidence to investors. Once the forums close we’re generally left with an impression that the political leaders of the world have got our backs and that they’re experts,...
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Jan 26, 18 •
3097 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro rises as Mario Draghi delivers hawkish speech, dollar recovers as Trump denies aims to weaken the currency, gold falls after a run of substantial gains
The euro rose versus many of its peers during the afternoon session on Thursday, after Mario Draghi delivered what was generally regarded as a hawkish statement, during his press conference, held after the ECB announced that the interest rates would be kept...
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Jan 25, 18 •
3251 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. dollar slumps as USA Treasury Secretary states the currency’s value is too high, U.S. equity markets also whipsaw, due to Stephen Mnuchin’s comments
It’s been a while since a Trump tweet, or statement caused a sell off in the USA market indices or the dollar; the USD slumped versus all of its peers on Wednesday after Stephen Mnuchin, the Treasury Secretary, gave an interview at Davos in which he stated...
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Jan 24, 18 •
2543 Views •
Morning Roll Call •
admin
Comments Off on GBP/USD reaches 1.40 handle, euro rises on strength of encouraging sentiment data, SPX reaches another record high, oil rises through $64 a barrel.
The U.K. pound finally rose through the 1.400 level versus the U.S. dollar on Tuesday, GBP/USD rose to the critical handle for first time since the Brexit referendum decision was voted for in June 2016. In late trading the currency pair, referred to as cable,...
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Jan 23, 18 •
2336 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USA equities spike to record highs as Federal government spending shutdown is overcome, GBP/USD rises to near the 1.400 handle, due to Brexit optimism
Investors in U.S. markets have ignored the Federal government shutdown; the DJIA and SPX rose to record highs as the first day of the shutdown began on Friday, the general mood of optimism continued through to Monday, as U.S. markets reached new record highs....
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Jan 22, 18 •
2756 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Will USA equity markets ignore the Federal government shutdown and continue to rise to new record highs?
As widely predicted; the USA markets ignored the impending and then actual Federal government shutdown and roared to new record highs, the SPX market breached the 2,800 level for the first time in history on Friday and is now up over 5% in 2018, whilst the...
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Jan 19, 18 •
2806 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equity markets fail to hold record highs, currency price action is scarce, gold trades sideways
Having reached fresh record highs on Wednesday, the key USA equity indices gave back some gains, with the DJIA still holding its position above the (newly breached) handle of 26,000, but closing down 0.37% on the day. Disappointing new housing starts data...