Category Archives: News

Though Mario Draghi has been adding fuel to existing speculation that the ECB could shift to an even more accommodative stance, the Finance Minister of Germany, Wolfgang Schaeuble, has been downplaying just such a possibility, dismissing the ECB chief’s comments at the Jackson Hole central bankers’ symposium as “over-interpreted” by analysts. Continue reading →

Asian stocks rose yesterday after U.S. data on durable goods and consumer confidence boosted optimism in the strength of the world’s largest economy. Continue reading →

The U.S. Dollar remained steady during Tuesday trade in London while the Euro continued to under pressure as expectations grow that weak inflation data from the Eurozone, due to be released on Friday, will push the ECB into committing to additional sti… Continue reading →

Though market players were waiting anxiously to hear what Janet Yellen, the head of the U.S. Federal Reserve Bank, had to say last Friday at the Jackson Hole symposium for central bankers, it was Mario Draghi of the ECB who brought the house down, and … Continue reading →

August 25, 2014 is a public holiday in the UK. Learn what this means for your trading here. Continue reading →

Geopolitics between Russia and Ukraine reared its head once again and pushed investors toward safe haven currencies like the Swiss Franc and the Japanese Yen, which both rose versus the common currency Euro. Continue reading →

A hawkish sounding U.S. Federal Reserve helped to lift the U.S. Dollar Index, however unexpectedly strong German data boosted the Euro from a recent 11-month trough. Continue reading →

Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan. Continue reading →

Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. Continue reading →

The U.S. Dollar firmed in Asian trade after it was reported that a keenly watched U.S. housing index improved for the third consecutive month, rising to a 7-month peak; according to the jointly issued report from Wells Fargo Bank and the NAHB, the reading improved to 55 this month from July’s 53, beating analysts’ expectations. Continue reading →