Gold shines on stimulus hopes and Brexit worries, oil shrugs off virus concerns
Gold gains ground Gold is breaking out as the Thanksgiving COVID surge appears underway. In the U...
Euro resumes rally on German mfg. data
After a brief pause on Friday, the euro has resumed its upswing early in the trading week. Currently...
Yen calm ahead of Japanese GDP
The Japanese yen is showing limited movement in the Monday session. Currently, USD/JPY is trading at...
US dollar remains under pressure
A rise in US yields, notably the 10-year bonds, gave no solace to the beleaguered greenback on Frida...
US equity gains fail to boost Asia
Geopolitics torpedoes early equity rally The US major equity indexes all made new record highs on...
US stimulus hopes boost Asia
On Friday, US employment data seemed to confirm the worst for the US, that the rampaging Covid-19 pa...
Brexit goes down to the wire
Brexit into the eleventh hour The eleventh hour is seemingly finally upon us, with Brexit talks h...
Markets eye UK PMI, Brexit talks
The British pound continues to make inroads against the US dollar, as GBP/USD is poised to complete ...
Time for Capitol Hill to deliver
Vaccine euphoria has delivered strong gains to stock markets over the last month but they appear to ...
UK vaccine approval lifts FTSE
FTSE boosted by Pfizer vaccine An interesting trading session but not one that has had any profou...
Oil softer on supply concerns, gold higher on stimulus hopes, bitcoin consolidates
Oil under pressure over OPEC+ impasse Crude prices are slightly softer after OPEC+ was unable to ...
Pound rises as UK PMI climbs
GBP/USD has posted considerable gains on Tuesday. Currently, the pair is trading at 1.3398, up 0.56%...
Chilled end to bumper November
It's been a pretty chilled start to the week, with a little more profit-taking kicking in as we brin...
A calm end to the week
Markets in muted mode after Thanksgiving A quiet end to the week, as is to be expected given the ...
Bitcoin hits record high
With US markets closed for Thanksgiving, financial markets were quiet. One "financial market," if yo...
Markets in holiday mode
It's not just the US that's in holiday mode, it seems, with financial markets a little flat on Thurs...
Consolidation the name of the game
Currency markets consolidate Currency markets were relatively quiet overnight, with major, commod...
Transition time, housing shines, confidence misses, dollar drops
Presidential transition moves ahead Wall Street is increasingly betting on cyclicals now that the...
BoE warns against no-deal Brexit
GBP/USD is showing little movement on Tuesday. Currently, the pair is trading at 1.3319, down 0.03% ...
Currency markets look for direction
Dollar whipsaws against euro, sterling Currency markets were whipsawed last night, with the dol...