Sterling rises as the UK’s parliament begins the Brexit process, the U.S. dollar steadies after it’s recent sell off, whilst USA equities end the day subdued. In terms of economic news it was an extremely slow calendar news day on Monday, with only the Italian industrial production, falling by -2.3% in the month of February, […]
The ‘inevitable’ Fed interest rate rise, the Dutch election and the UK’s Article 50 Brexit timeline, all look set to dominate the economic calendar events this week This week we potentially have an example of how political events can impact our FX markets far more than the scheduled economic calendar events we tend to set
The word “Renaissance” means rebirth in French. The Renaissance was a period in European history, from the 14th to the 17th century, regarded as the cultural bridge between the Middle Ages and modern history. That bridge; between a bygone age and the modern history currently being shaped around us, is a highly relevant subject in
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Euro rises after Mario Draghi’s bullish press conference, U.S. equities remain flat, whilst unemployment claims rise Focus shifted away from the USA on Thursday to the ECB’s various interest rate decisions being published, whilst president Mario Draghi held court both before and after the rate decisions. As excepted the series of interest rates remained unchanged,
Positive USA jobs data fails to raise equity markets, as a rout in oil causes investor jitters Wednesday morning began with (yet another) curious set of data releases from an economic superpower, this time it was China’s turn to raise analysts’ eyebrows. Exports slumped to a negative reading for February; coming in at -1.3%, missing
The efficacy of technical analysis has been disputed for decades, long before the invention of many of the modern day technical indicators we’re now familiar with. Whilst arguments have raged offline, long before tens of thousands of threads were created on online forums; some against, some for the use of indicators and pattern based methods
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U.S. equities continue to sell off, as the U.S. trade deficit widens to a five year high. Sterling continues to sell off Have we been here before? Excuse us if we sound like a broken record, but once again we experienced diverse and dislocated economic calendar, fundamental news, pertaining to the USA economy on Tuesday.
Sterling slides to a seven week low as Brexit fears spook investors, USA equities retrace, whilst the dollar rises, pending the ‘inevitable’ Fed interest rate rise Analysts and investors appear certain that the Fed will engage in two interest rate rises in 2017 (the first announced at next week’s Fed meeting), based on the loose
The UK’s Spring Budget, the ECB’s and RBA’s interest rate decisions and NFP day form the basis of the key fundamental economic releases for the week Early Monday morning sees the release of the latest Australian retail figures; forecast to have risen to 0.4% in February, from the surprise fall of -0.1% in January. From
GBP/USD falls to six week low, U.S. equities retreat after record busting run, U.S. dollar rises, as bets on an interest rate hike in March rise to ninety percent USA equity markets found reverse gear during Thursday’s New York trading session. Technically the SPX suffered its worst day since December 28th, however, context must be
