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Earnings season push equities higher; Dollar remains the favorable currency

Asian equities followed Wall Street higher on Thursday, as investors cheered strong quarterly results from corporate America that have taken away the focus from trade jitters, for no...

AUD in focus ahead of jobs data

The big mover ahead of us today is looking to be the Australian employment data which is due out shortly. Markets will be keenly focused on this as the labour market has been hi...

Pound crumbles as UK inflation fails to rise, Gold dims

Repeated signs of easing inflationary pressures in the United Kingdom could plant a seed of doubt among investors about whether the Bank of England will be raising interest rates in ...

USD lifts on Powell comments

The USD has bounced higher today on the back of comments from Governor Powell whose view on monetary policy remains the same with lifting rates steadily overtime and keeping inflatio...

Dollar gains after upbeat Powell testimony, Gold tumbles

Buying sentiment towards the Dollar received a boost after Federal Reserve Chairman Jerome Powell expressed optimism over the strength of the US economy during his Congressional test...

Dollar softens ahead of Powell testimony, Pound wobbles

Global equity markets were mostly mixed while the Dollar dipped ahead of Fed Chair Jerome Powell’s first Congressional testimony later today.Powell’s testimony could offe...

Global shares come under pressure as Oil tumbles

Asian equities fell on Tuesday after Oil prices tumbled by more than 4.6% during the previous session, following reports that Saudi Arabia has offered additional crude supplies to so...

USD and Oil in focus

The USD lifted again against all majors, as US retail sales m/m came in strong at 0.5%, in line with expectations. At the same time the previous month was revised to 1.3%, which was ...

China’s economic growth cools in Q2, Gold slips

The Yuan initially weakened against the Dollar following reports of China’s economy expanding at a slower pace in the second quarter of 2018. However, losses were quickly clawe...

Will appetite for risk resume in the week ahead?

The S&P 500 rose 1.5% last week for the second week in a row, reflecting the return of risk appetite and putting the trade war noise in the back seat. The index is currently up 4...


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