Market News

The GBP/USD pair moved higher after the British Supreme Court, by unanimous vote, decided that the government's suspension of the British parliament was illegal.

The trade negotiations between the United States and Japan were stagnated on Monday after Japanese negotiators requested assurances that Washington will not put tariffs on Japanese cars and car parts.

Pound traders were awaitng the decision from the Supreme Court of Britain to determine whether or not the Prime Minister misled the Queen over his intention to suspend the British Parliament.

Manufacturing sector activity continues eroding in the Eurozone, according to data published by IHS/Markit.

U.S. WTI futures and Brent crude prices both jumped more than 1 percent during Asian trade on Monday as tensions in the Middle East kept traders concerned

This week is likely to see a lower level of market activity than last week, with central bank input due Reserve Bank of New Zealand, in addition to scheduled testimony from the President of the ECB and a press conference by the FOMC.

Oil prices soared on Friday morning after Saudi Arabia launched a military exercise near Yemen’s port city of Hodeidah.

After the release of disappointing retail sales figures, the Pound Sterling has struggled to regain traction against the greenback.

The Japanese government stated that the economy is amid a moderate recovering this month, however, pointed at the persistent weakness of Japan's export sector.

The Federal Reserve announced an interest rate cut of 25 basis points on Wednesday, bringing the rates to a range or 1.75 to 2 percent, in a move that was meant to sustain the country’s long period of economic growth.

The Pound Sterling came under pressure after inflation data showed an unexpectedly greater decline than analysts had predicted.

The European Commission President Jean-Claude Juncker said that there is a "palpable risk" of a no-deal outcome when discussing the Brexit during a debate in the European Parliament.

The Federal Reserve announced an overnight repo operation on Tuesday night, effectively introducing $53.15 billion of cash into the U.S. banking system, a move not used in over ten years.

In a letter to the congress, The United States President Donald Trump said that his government finally reached a first trade deal regarding trade barriers with Japan.

The Pound Sterling slipped against its US counterpart and moved off the recently struck 6-week peak as Boris Johnson doubled down on his assertions that he would not request a Brexit delay.