Jovana Pribic

As soon as the investors through that next month BoE rate hike is a done deal, Governor Mike Carney hampered the deal unexpectedly. According to Bloomberg, Carney stated that he does not want to be too focused on the precise timing and is concentrating on the more general path, while Britain should prepare for a […]

Yesterday we have witnessed some disappointing news from Australia, where the employment rose less than forecasted, causing the currency to dip. The employment was weaker than the consensus and Nomura estimates, with seasonally adjusted 4,900 persons in March, as opposed to the 20,300 forecasted. The unemployment rate was the same as the estimate, coming at

The Eurozone inflation came out yesterday, and it rose less than expected in March, making it a difficult task for ECB to bring the inflation to close to 2% target. In 2017, the inflation rate was 1.5%, while in February 2018 it was 1.1% and according to the latest reading, 1.3% in March 2018. Regarding

Yesterday, the day started with the Australia’s Reserve Bank Board Minutes, which contained few surprises. According to the Research Analyst of Westpac, Bill Evans, the comments regarding the labor market was a bit more reserved than what was observed in the previous minutes. Regarding the growth outlook, in the past the Bank has on record

Traders will be keeping a close eye on the geopolitics and the trade talks, as further developments will more than likely have a high impact on the markets. After the US President, Donald Trump had tweeted on Saturday, praising the US-led intervention in Syria as ‘perfectly executed’ and ‘missing accomplished’, Russia did not stand silent

The week started on a quieter tone than expected, taking into consideration the weekend’s US-led airstrikes on the Syrian chemical weapons facilities. The Russian President reacted on the attack with a statement that any further strikes will lead to further destabilization of global talks. This news of course boosted the market sentiment, as investors are

After the tweet that was sent yesterday by US President Trump, vowing to impede the missile system in Syria that Russia has in place, the tension and fear of ‘cold war’ now between the US and Russia have escalated. On this note, Trump caught most of his aides’ off-guard on Wednesday by his tweet that

With gains of more than 5% against the US dollar, GBP has been one of the best performing this year. After the Brexit-referendum vote, sterling has been trading round 1.4346 in late January and currently it is trading around 1.4200. Further encouragement has been provided by the expectations of BoE raising the interest rates in

As several reports have pointed out the weak start of the year, there has been cautious confidence expressed by the ECB top officials. On Monday we have witnessed signals from President Mario Draghi and his senior colleagues regarding the inflation and its low levels, as well as the new threat of the global trade row.

According to the Chinese President, Xi, a dialogue between the two parties would be the best way to resolve the ongoing disputes. He strongly believes that ‘cold war’ is out of place and opening pup can lead towards progress. While speaking at the Boao Forum, President Xi has expressed a soft stance on the trade