Market News

The Japanese economy expanded in the first quarter of 2019, rising against the analysts' expectations, who largely predicted an economic contraction during the first three months of the year.

Oil prices soared on Monday morning in Asia after Saudi Arabia’s energy minister announced that OPEC was inclined to maintain its production cuts after the original June deadline in order to reduce inventories gently.

This week is likely to see more market activity compared to last week, with important central bank input due concerning the U.S. and Australian Dollars. The U.S. / China trade dispute is likely to continue to dominate the market’s focus.

The US Dollar Index remained close to a 2-week peak, lifted by the latest data on the US economy coupled with a bounce in US Treasury instrument yields.

The Pound Sterling continues to wallow close to a 3-month trough as Theresa May's future and her Brexit proposal are pondered in the UK Parliament.

The British premier Theresa May said that it's the British MP's duty to ensure a clear Brexit outcome.

All three of Wall Street’s benchmark indexes closed higher for the second consecutive day on Wednesday, reflecting investor optimism that the trade war(s) between the United States and its major trade partners would subside.

Despite news that showed that Germany's growth had bounced in the first quarter, it was not enough to jump start the Euro which traded close to a 1-week trough.

British Premier Theresa May announced right after a meeting with the Labour Party’s Jeremy Corbyn that the British parliament is voting again on an exit deal during the first week of June.

U.S. WTI futures were down 0.70 percent to $61.35 per barrel as of 1:24 p.m. HK/SIN on Tuesday after surprising data showed that U.S. stockpiles rose and Chinese industrial output grew less

The Pound Sterling continued to be under pressure as FX traders assess the latest employment data out of the UK.

Great Britain's former prime minister Tony Blair criticized the British Labour Party’s approach to the Brexit, remarking that keeping both sides happy is not feasible.

All three major U.S. stock indexes saw dramatic declines on Monday, leaving them on course for the worst May in 50 years.

Despite the news that a deal on the Brexit departure could be struck between the two major political parties, uncertainty among investors kept the Pound Sterling steady but unable to move higher.

The British government and the Labour Party leadership are heading for new Brexit talks that aim to end the deadlock.