Forex – financial instrument.Forex news
Is August rate hike hanging on this week’s data? It’s shaping up to be another interesting week for the UK both in politics – as MPs debate two new Brexit-related bills – and on the economy, with a number of data releases potentially paving the way for an August interest rate hike. While the former…
Earnings season eyed as trade war fears remain We’re seeing some risk appetite return on Friday even as concerns about trade remain front and centre and shows no signs of improving. European equity markets are trading in the green on Friday, taking the lead from the US session on Thursday where tech stocks drove a…
In this week’s webinar, Senior Market Analyst Craig Erlam discussed the latest Brexit developments as two members of her team resign after an apparently united and productive meeting on Friday. He also talks Trump, after the latest imposition of trade tariffs and ahead of his trip to the UK and the NATO summit, and previews…
BOJ to adjust policy to achieve price target In a speech today, BOJ governor Haruhiko Kuroda vowed to continue to expand the monetary base to maintain the economy’s momentum in order to achieve the BOJ’s price target. He reiterated that the central bank would make necessary policy adjustments to reach that goal. On the economy,…
Waiting for tariffs and payrolls We endured another lackluster trading session in Asia with markets in wait-and see mode ahead of the double header of US non-farm payrolls data and the implementation of the first round of US tariffs on $34 billion worth of Chinese imports. Tariffs are scheduled to be introduced at 12.01am in…
OANDA Senior Market Analyst, Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: EU summit deal boosts Euro, surprise upgrade for UK GDP, Shares recover early week wobble, John Lewis to close stores. Dollar Strong Ahead of July 4 Holiday DAX climbs on…
Italy and Merkel the big winners from EU deal It’s been a more positive start to trading on Friday, with investors apparently buoyed by the news that EU leaders reached an agreement on immigration. While something like this would not necessarily be a market moving event, the fragile political environment in the euro area right…
EUR bounces as EU leaders reach agreement on migration News that leaders at the EU summit had reached an agreement on migration issues drove the EUR/USD higher in morning trade in Asia. This cemented the small up-move seen yesterday after European CPI figures ticked up for the second straight month. No doubt the news will…
Investors remain concerned about trade war prospects US futures are in the red again ahead of the open on Tuesday, with the ongoing trade spats between the US and others continuing to weigh. While there haven’t been any major developments in the last 24 hours, nothing we’ve heard recently fills investors with any confidence that…
Stephen Innes, Head of trading for the Asia Pacific at Oanda gives his take on what we can expect from the markets today. ON the Bigger Picture 89.3 Money FM Money FM 89.3 Singapore
