Sterling is leading the broad-based rally against a weaker Dollar, thanks in part to stronger-than-expected UK house prices in March. The Halifax index was up 1.5% month-on-month and 3.7% year-on-year,…
The highlight this week will probably be US consumer and producer price inflation data for March, while scheduled speeches from Federal Reserve, European Central Bank and Bank of England policy…
Major currencies, including the Dollar, Euro, Australian and Kiwi Dollars, posted modest gains last week largely as a result of weaker emerging market currencies. Sterling’s rally took it to within…
The dollar gave back all of the modest gains it had made against the majors in the past 24 hours following the release of March employment data which showed that…
The S&P 500 closed 0.7% higher yesterday, posting its third consecutive day of gains for the first time since early March with markets seemingly ignoring US President Trump’s threat to…
The Dollar has extended its gains versus major currencies during US trading and the S&P 500 is up nearly 1%. If the S&P 500 manages to hold onto its gains…
Major currencies still showing little clear trend with ongoing rotation between the Dollar, Euro and Sterling. The Dollar has slightly outperformed the Euro, Swiss Franc and in particular Sterling in…
Euro marginally stronger versus the majors today despite Eurozone CPI-inflation in March coming in bang in line with consensus forecasts of 1.4% yoy (headline) and 1.0% (core). Inflationary pressures remain…
US stocks closed higher yesterday but Asian equities are currently mixed. Markets have seemingly taken some solace from the White House backtracking on its stated plans to hit Amazon financially….
US equities have made a small recovery in mid-day trading with the S&P up about 0.3%. Moves in currency majors remain modest, with Sterling leading the charge. It’s currently up…
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