• Fed’s Powell Warns of Second Wave Risks

    Risks To The Outlook The chairman of the Federal Reserve, Jerome Powell, last night gave yet another warning over the fragile state of the US economy and his concern over the outlook. In his weekly testimony to Congress, Powell’s message this time around centred on the threat of a second wave of the virus. Powell […]

  • World Bank Slashes Global Growth Forecasts

    Lower Projections Cited The World Bank has released its latest set of economic growth forecasts for the year and is now projecting a deeper downturn than previously forecasted. The “June 2020 Global Economic Prospects” release comes just days after an explosive US jobs number which raised questions over the current economic projections, namely whether the […]

  • BoJ Yield Curve Control and new Supply of Government Debt. What to Expect from the Yen?

    After DXY support at 99 points were damaged on Tuesday due to powerful risk-on move, the currency continues to cede ground on Wednesday.

  • Trump Cancels WHO Funding Over China Claims

    Over a Presidency which has been headlined by controversy and scandal, Trump has once again thrust himself into the limelight for all the wrong reasons. Just a couple of months after his impeachment acquittal, Trump has made headlines this week firstly for a heated televised press conference in which he openly attacked and insulted members […]

  • Dollar is dominating the market

    Market performance suggests trading volumes are limited ahead of the Christmas holidays. The Dollar trades with a little change against other major currencies.

  • All eyes on ECB

    Euro, equities rise as all eyes on ECB, Oil gains.

  • The Chinese shares drop as the commodities plunge

    Investors were rattled on Friday as the information surged that FBI resumes the probe of Hillary Clinton ten days prior to the US election after the leak of her emails were released.

  • Yuan fell to a 6-year low against the Dollars rise on Euro

    Yuan fell to its lowest level in six years against the US dollar after the People’s Bank sharply lowered the reference rate by 0.37% to a 6.7558 level

  • Is the USD in for high pressure?

    According to Yellen’s speech on Friday in Boston the FED may be forced to create some “high pressure” in the economy to get over the blows, which curbed production.

  • Optimism on the market

    Dollar made a U-turn after dipping to 97.50 level as the investors remain optimistic about the FED, gaining 0.38% during the London trading.

  • The Oil prices are recovering along with the global equity market!

    The OPEC members are close to reaching an agreement on the output freeze after a tough week on the market.