US economic data will return to the forefront next week, with the nonfarm payrolls report being the main focal point. The Bank of Canada will be the only major central bank holding a policy meeting, […]
A day after President Trump declared that the historic summit planned between the US and North Korea had been cancelled, Trump appeared to pull off another pivot on Friday when he kept hopes of a […]
The week started with a bang as US equities gapped-higher, and the Dow crossing above a key level of resistance. But that strength could not hold, and now a series of other themes have caught […]
Sterling is struggling to push ahead against a strong US dollar after the second look at Q1 UK GDP confirmed the UK economy grew by just 0.1%.
US Commerce Secretary Wilbur Ross will visit China early next month for another round of talks amid ongoing trade frictions between the world’s two largest economies. Ross will visit China from June 2 to June […]
The USD/JPY pair dropped to 108.95 on Thursday – the lowest level since May 8 as the US stocks dropped on renewed tensions between the US and North Korea. There is a consensus in the […]
The Aussie picked up mid-US afternoon as US equities reversed most of their daily losses while oil pared losses, factors that kept the AUD/USD pair for most of the day. There were no relevant macroeconomic […]
The British pound has posted slight losses in the Thursday session. In North American trade, GBP/USD is trading at 1.3377, up 0.21% on the day. On the release front, British Retail Sales posted a strong […]
Concerns about a possible US-China trade war have increased again on fears of US tariffs on imported cars and trucks similar to those imposed on imported steel and aluminum.
Between February and April the markets were hit by increased geopolitical tensions and concerns over trade wars. Having seemingly been put to bed, these tensions have resurfaced in recent days, leading to markets taking on […]