STERLING GAINS AHEAD OF THE LATEST BOE RATE DECISION The British pound rose slightly against the euro as traders waited for the latest interest rate decision by the Bank of England. The BOE finds itself in a difficult situation...
STERLING GAINS AHEAD OF THE LATEST BOE RATE DECISION The British pound rose slightly against the euro as traders waited for the latest interest rate decision by the Bank of England. The BOE finds itself in a difficult situation...
NASDAQ 100 RELIEF RALLY CONTINUES AS INVESTORS BUY THE DIP American stocks rose on Tuesday as the recovery rally continued. The Dow Jones rose by more than 175 points while the tech-heavy Nasdaq 100 index rose by more than...
GLOBAL STOCKS JUMP AS RUSSIA SIGNALS RESTRAINT ON UKRAINE European and American equities tilted higher on Tuesday as the tensions on Ukraine appeared to ease. Media reports said that Russia was returning some troops to their bases after completing...
GLOBAL STOCKS RETREAT AS THE EVERGRANDE CRISIS MOUNTS The price of crude oil declined slightly even after the United States moved to tighten enforcement of sanctions against Iran. According to the Wall Street Journal, the State Department will send...
STERLING SPIKES TO 21-MONTH HIGH AS UK INFLATION SOARS The Sterling rose to the highest level in more than 21 months against the euro after the strong economic data from the UK. On Tuesday, numbers by the Office of...
STERLING REBOUNDS AHEAD OF THE BOE INTEREST RATE DECISION The US dollar retreated while stocks wavered after the Federal Reserve delivered its interest rate decision. As was widely expected, the bank decided to leave its interest rate unchanged at...
WALL STREET RECOVERY RALLY GAINS MOMENTUM US stocks rebound accelerated in the overnight session as investors ignored the crisis presented by Evergrande. According to the Wall Street Journal (WSJ), Beijing has asked local governments to prepare for the potential...
US DOLLAR INDEX RETREATS AS FED SIGNALS RATE HIKES BY 2024 The Swiss franc held steady against the US dollar as traders waited for the upcoming Swiss National Bank (SNB) interest rate decision. The central bank is expected to...