Search Results for: Economic Outlook
Pound US Dollar exchange rate under pressure
March 21st, 2019
News that Theresa May will only ask for a three month extension to the Brexit deadline saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slump further. Investors were disappointed by May’s decision not to seek a longer ...
British pound gains on mounting possibility of a delay in Brexit deadline
February 28th, 2019
Sterling added to gains on Wednesday as investors increasingly focused on mounting possibility of a delay to the March 29 Brexit deadline. The U.K. currency defended its gains from the past sessions, becoming among the best performing major currency. ...
U.S. dollar rose against a basket of major currencies
February 6th, 2019
The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk ...
The Arrival Of The Credit Crisis
January 2nd, 2019
Those of us who closely follow the credit cycle should not be surprised by the current slide in equity markets. It was going to happen anyway. The timing had recently become apparent as well, and in early August I ...
Federal Reserve raises interest rates
December 20th, 2018
The Federal Reserve has issued FOMC statement informing for its decision to raise the target for the federal funds rate to 2-1/4 to 2‑1/2 percent. Below is the federal Reserve FOMC statement as it was published: Information received since ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Pound and Yen fell, Asian stocks pointed to a firm start; These are the main moves
November 12th, 2018
Asian stocks and futures pointed to a firm start for equity markets in London and New York as investors assessed whether the recent rallies can endure. The pound slid as U.K. Prime Minister Theresa May fought to keep her ...
Emerging currencies and shares gain after U.S. midterm results
November 8th, 2018
Emerging stock and currency markets inched higher on Wednesday as investors took a positive view of U.S. midterm elections that gave Democrats the ability to thwart President Donald Trump but left Republicans firmly in charge of the Senate. A ...
EUR/GBP losses seen on sterling rally
November 2nd, 2018
The Euro (EUR) has dropped off against the Pound (GBP) and most other peers today, with a stronger Pound Sterling making the single currency less appealing. A lack of supportive Eurozone data hasn’t helped matters, as Euro traders are ...
Global stocks extended declines Tuesday
October 10th, 2018
Global stocks extended declines Tuesday, taking European markets past a six month and pulling U.S. equity futures into the red, following a downbeat assessment of world economic growth from the International Monetary Fund and a renewed rise in U.S. ...
