Market News

These days it seems like sentiments relating to the U.S.-Sino trade war have the ability to push markets one way or another as the wind blows.

The Pound Sterling gained ground during Tuesday trade though inherent weakness is limiting additional gains.

Britain's service sector showed signs of stagnation in October, according to data released by IHS Markit.

The Asian trading session on Tuesday saw Monday’s rally continue, with all major benchmarks trading higher after a positive session on Wall Street on Monday

In mid-morning trade in London, the Pound Sterling saw little change versus the US Dollar but gained some ground against the Euro.

According to data released by The Sentix research group, the Eurozone investor's morale grew up in November, hitting its highest level since last June.

The trading week started strong in Asia on Monday with all benchmark indexes trading higher, except for Japan’s Nikkei 225, which was closed for trading in celebration of a national holiday.

This week has a considerably lighter schedule than last week, with central bank input due only from the Bank of England and the Reserve Bank of Australia.

The US Dollar was under pressure and trading close to a 3-week trough in early trade in Asia.

The Bank of Japan kept the cash rate steady, at -0.1 percent, this Thursday, signaling a rate cut for the future.

The Pound Sterling is poised to see its largest single month's gains in more than 10 years, which analysts are attributing to the drastically reduced risk of a crash

The U.S. dollar fell against its major trading partners on Wednesday afternoon and continued its slide into Thursday’s Asian trading session

The United Kingdom Prime Minister Boris Johnson said that the upcoming general election, which is set to happen on December 12, will be "tough" and that he and his party is going to do the best they can.

The Pound Sterling remains under pressure as FX traders ponder the election risks presented now that the Prime Minister has approval for a December general election.

It’s a big data day on the global economic stage, and at least for this market pundit, it’s nice to have something to focus on besides the childish squabbling between the United States and China.