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Retail Sales Weighs on GBP | 7/19/2018 10:27:39 AM
Disappointing retail sales figures from the UK succeeded only in keeping the Pound Sterling under pressure.
Trade War Update – July 19, 2018 | 7/19/2018 6:18:03 AM
Steve Bannon, the former top advisor to U.S. President Donald Trump, spoke about the trade tensions between the United States and China on Wednesday, and his words were surprisingly optimistic.
Global Stocks Head Higher but Worries Linger | 7/18/2018 1:37:27 PM
Global stock indexes hit one-month highs on Wednesday after a bullish note from Jerome Powell who testified before Congress on Tuesday.
Data Dents Pound Sentiment | 7/18/2018 11:02:24 AM
The latest economic data out of the United Kingdom was disappointing in general, and resulted in the Pound sliding to a fresh 10-month trough versus the US Dollar.
Oil Down on Surprising Data | 7/18/2018 6:33:09 AM
Oil prices fell further on Wednesday after a surprising report that showed U.S. crude inventories rose last week, despite analyst expectations for a significant decline in stockpiles.
Pound Still Weighed by Hard Brexit Fears | 7/17/2018 5:00:00 PM
The growing divide within the UK Prime Minister's own party became apparent after a Parliamentary vote yesterday did little to advance Theresa May's Brexit-related agenda.
Asian Stocks Open Mixed Following Oil Drop | 7/17/2018 6:29:22 AM
Asian stocks opened mixed on Tuesday, pressured by oil prices that plummeted on Monday.
Pound Cautiously Higher Ahead of Parliament | 7/16/2018 11:27:31 AM
The Pound was higher versus both the US Dollar and the common currency Euro although FX traders appear caution and intent on focusing on the looming Parliamentary debate.
Dollar Waits for News | 7/16/2018 6:53:09 AM
Early in the Asian trading session on Monday the U.S. dollar was trading near a six-month high of 112.79 hit on Friday as traders waited for news that is expected to be released later in the week.
Weekly Economic & Political Timeline | 7/15/2018 9:01:06 AM
This week will see a slightly heavier news agenda compared to last week, with central bank input due only from the Reserve Bank of Australia, plus testimony from the U.S. Federal Reserve and the Bank of England.
Dollar Higher on Inflation Data | 7/13/2018 7:39:24 AM
The US Dollar remained close to the recently struck 10-day high, which had been pushed there on expectations that the latest US inflation data would have shown an increase.
Sterling Up on Latest Brexit Blueprint | 7/12/2018 10:40:10 AM
The Pound edged higher during Thursday trading as FX investors are pinning their collective hopes on the release of a “white paper” that perhaps could jump start trade negotiations between the British government and the EU leadership.
Dollar Near Six-Month Highs | 7/12/2018 6:16:00 AM
The U.S. dollar rose against the yen on Thursday, holding near six-month highs after fresh economic data reconfirmed expectations for two more interest rate hikes before the end of the year.
Pound Pressured Ahead of BoE Speech | 7/11/2018 11:46:20 AM
Cautious investors kept the Pound Sterling under pressure ahead of a speech from Mark Carney, the head of the Bank of England.
Trade War Watch – July 11, 2018 | 7/11/2018 10:23:53 AM
On Tuesday U.S. President Trump announced that he was going to start the process of implementing tariffs on another $200 billion of Chinese goods, and China responded quickly and harshly.
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