Sterling slips after election announcement surge, WTI oil collapses close to $50 a barrel, DJIA falls to a two month low In a relatively quiet day for economic calendar, high impact news relating to the USA, both the DJIA and the SPX indices sold off on Wednesday. There were no dramatic data misses published and […]
Sterling spikes up on news of UK election, USA equity markets slump as earnings of Goldman Sachs spook markets The UK’s FTSE slumped by circa 2.46% on Tuesday, due to the Tories announcing a general election on June 8th and in a negatively correlated move, currency speculators pushed up the value of sterling sharply versus
China’s data beats forecast due to fresh stimulus, USA equity markets rise, US dollar falls as euro rises Most European, the Australasian and the Hong Kong markets were closed on Monday, in their absence the DJIA and SPX brushed off the unstable geopolitical issues and roared ahead, despite certain USA economic calendar event ‘soft’ data
U.S. Dollar falls as Trump labels the currency “too strong”, cable rises, USA equities slide, crude oil falls, whilst gold rises Economic calendar events deferred to the power of an unnecessary, shooting from the hip, gunslinger style comment, courtesy of the president of the United States Donald Trump, on Wednesday. His opinion; that the dollar
Yen rises to a five month high versus the U.S. dollar, whilst making gains versus most peers, as gold also reaches post USA presidential election highs Global geo-political fear appeared to grip the markets and focus investors’ attention during Tuesday’s trading session, as orthodox economic calendar events were (in many ways) sidelined. Investors appeared to
Sterling bounces back versus U.S. dollar, which inches lower versus peers, U.S. equities flat, whilst European markets sell off In a relatively quiet day for major economic news releases, geopolitical tensions appeared to dominate the talk amongst analysts and investors on broadcast services such as: the F.T., Bloomberg and Reuters on Monday. Tensions relating to
First quarter earnings reports and inflation data, could impact on both USA equity markets’ and the U.S. dollar’s value this week. The first quarter’s earnings season in the USA begins this week and many analysts and investors will be directing their laser focus towards the SPX, with particular attention aimed at financial firms, such as
European Markit PMIs miss forecasts, USA equity markets rise tentatively as Trump issues threats, U.S. dollar recovers, whilst euro sells off versus most peers Politics dominated the economic calendar landscape on Thursday, with the key figures of Trump and Draghi taking centre stage. Moving on from the frustrations of not being likely to undertake reforms
USA markets sell off after Fed states equities are “quite high”, gold recovers losses ends day flat, sterling recovers, as services PMI data calms investors’ Brexit fears Wednesday provided plenty of fireworks, in terms on economic calendar events and political issues. Several ‘soft’ USA data publications missed forecasts, whilst later in the New York session
USA equity markets end the day close to flat, oil price spikes, gold and silver maintain recent gains, whilst sterling falls, as UK construction data misses forecast As widely expected and broadcast, via the RBA’s forward guidance, Australia’s central bank kept their interest rate level unchanged at 1.5%. Earlier, the Australian trade balance had come
