Global markets rose today, erasing some losses made last week as the issue of trade increased. In Asia, the Shanghai composite index and the Nikkei rose by 2.5% and 2.1% respectively while the Chinese Yuan continued to rise against...
The British pound continues to advance above the 1.3200 level against the US dollar, following the release of better than expected UK PMI Services data. The GBPUSD pair is likely to advance towards the 1.3250 region if buyers can...
Chinese officials tried to calm the markets yesterday. After a meeting, People’s Bank of China (PBOC) officials said that they would not use the yuan as a negotiation tool in current trade conflict. This news follows days of declines...
The euro is up slightly against the dollar after Angela Merkel agreed with interior minister Horst Seehofer on a new border control plan. According to the deal, Germany will set up major holding and processing centres for asylum seekers...
USD and JPY are the top G10 FX gainers today while AUD and NOK are the top losers down -0.38% each vs the dollar. EUR is weakening in early hours of trading due to fresh concerns over German politics:...
The pound is down following a report by PricewaterhouseCoopers (PwC) and the Confederation of British Industry (CBI) which revealed Brexit insecurities. According to the quarterly survey of the British financial services sector, many executives and a third of banks...
