Pound set for weekly gains despite Brexit noise
Summary: GBP recovers from weakness early in the week Largest gains seen vs JPY and CHF China announce RRR cuts Brexit...
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Market news
Macy's, the largest department store chain in the United States, faces mounting challenges as it navigates a critical turnaround effort amid accounting irregularities, activist pressure, and shifting consumer behavior. While the company's "Bold New Chapter" strategy shows early promise...
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It’s all about Europe today. The ECB is set to cut interest rates by 25bps later today, there is approx 35bps of cuts currently priced in by financial markets, however, expectations of a 50bp rate cut have been scaled back during December. The ECB rate cut will be accompanied by the updated...
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The shares of the US-based photomasks producer Photronics (PLAB.US) surges 20% after the company published higher than expected fiscal Q4 results, smashing Wall Street analysts expectations. CEO of the company, Frank Lee commented results positively, as the company achieved sequential revenue growth...
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Summary: GBP recovers from weakness early in the week Largest gains seen vs JPY and CHF China announce RRR cuts Brexit...
Summary: German industrial production sinks in July pointing to a technical recession in Q2 DAX breaks through the important resistance Deutsche...
Summary: US employment report to steal the show today Canadian jobs data could substantially affect the loonie Fed's Powell on the agenda...
Summary: Asian equities perform quite well following a surge on Wall Street yesterday Fitch downgrades Hong Kong for the first time since 1995 Some...
Summary: US stocks lead the gains after positive trade remarks FTSE lags due to further GBP recovery Precious metals tumble; Oil...
Summary - Price of Sanofi shares increased over 10% since the beginning of August - Upbeat analysts’ outlook keeps the stock buoyed - New executive...
Summary: US indices firmly higher ahead of opening bell ADP beat (+195k vs +148k exp). ISM due at 3PM (BST) S&P500 up through...
Ever since the Fed hinted at rate cuts in June the US dollar has been mostly gaining. Could this winning streak be finally reversed? We explain the USD...
UK stocks fail to join in global rally Underperformance explained by rise in the Pound GBPUSD now back above 23.6% fib The...
Summary: European stock markets have kicked off the day with gains following as a phone call held between US and Chinese officials German factory...
Summary: Riksbank is expected to stay on hold US non-manufacturing ISM, ADP report DoE to release its weekly data on crude inventories 8:30...
Summary: Equities rebound all around the world following a phone call held between US and Chinese officials on Wednesday Gold and silver move down,...
Summary: Risk-on moves seen after positive news from Hong Kong US stocks rise back towards resistance levels; EM currencies surge GBP...
Summary: US benchmarks firmly higher on improving sentiment US trade deficit higher than expected S&P500 set to retest key...
Summary: A joint venture of VanEck and SolidX may soon offer the first ETF-like product to large investors The US Congress has been urged to regulate...
Emerging market currencies like South African rand (ZAR), Turkish lira (TRY) or Polish zloty (PLN) had very turbulent summer as deteriorating global outlook...
Summary: Risk sentiment boosted by de-escalaltion in Hong Kong Pound recovers despite soft PMI data MPs to vote on no-deal bill...
Summary: Equity markets in Europe start the day with notable increases ECB’s Villeroy express doubts over a bond buying resumption DAX...
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