Tories Maintain Hard Brexit Stance in Manifesto
Prime Minister Theresa May took a hardline approach to Brexit, promising British voters she would de...
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UK Consumer Spending Rebounds as Sun Comes Out
British shoppers set aside their concerns about fast-rising inflation following the Brexit vote and ...
Lib Dems Promise Another Brexit Vote
Britain’s Liberal Democrat Party, trailing significantly behind Prime Minister Theresa MayR...
GBPUSD Breaks 1.30 After Retail Sales Report
The pound climbed above $1.30 for the first time since September after a report showed U.K. retail s...
Trump Campaign Contact With Russia Questioned
Michael Flynn and other advisers to Donald Trump’s campaign were in contact with Russian officials...
Risk Aversion Remains on Trump Concerns
Risk aversion is rife once again in the markets on Thursday, with the brewing political storm surrou...
DAX Slips as Trump Crisis Spooks Markets
The DAX index has posted slight losses in the Thursday session, dropping 0.80 percent. Currently, th...
Lame Duck Scenario has Dollar on Defense
Thursday May 18: Five things the markets are talking about Investor bets that President Trump’...
EUR/USD – Euro Gains Ground as US Political Turmoil Intensifies
The euro has edged downwards in the Thursday session, after recording gains in the past three daily ...
The Peso Gets Real In Asian Trading
Mexican Peso falls by over 2% in Asia as a proxy for the Brazilain Real as the Brazilian President g...
Commodities Soar As Allegations Fly
The USD collapses under the weight of allegations overnight, giving a boost to oil and sending gold ...
USD/CAD Canadian Dollar Lower After Trump Turmoil Triggers Risk Aversion
The Canadian dollar is trading lower even as the price of oil is close to 1 percent higher on Wednes...
Fed Kashkari Warned Central Bank Against Fighting Bubbles with Rate Hikes
Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday warned against using interest-...
Dollar Lower Against Euro as Fed and White House Doubts Rise
The dollar’s losses have been the euro’s gains, and some strategists expect to see the m...
Saudi Arabia Plans to Diversify Away from Crude and Could Operate on $40 Oil
Saudi Arabia still loses sleep over the price of oil. Not for much longer. The kingdom says it is ma...
Bernanke Warns of Impact of Political Risk
All the drama in Washington is even rattling Ben Bernanke. The man who played a central role in tack...
EU Chief Negotiation Appeals to UK PM to Work Together on Brexit
The EU’s chief negotiator, Michel Barnier, has appealed to Theresa May to work with the union duri...
Trump Troubles Boost Gold Prices
Gold has posted strong gains in the Wednesday session, as the metal trades at 2-week highs. Currentl...
Will Falling Real Incomes Affect the UK Consumer?
Consumer Revival Needed After Disappointing First Quarter As cracks start to appear in the economic ...
GBP/USD – Pound Rises on Strong UK Wage Growth Report
GBP/USD has posted gains in the Wednesday session. In North American trade, GBP/USD is trading at 1....