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Market Wrap up

  • Brexit vote is delayed and Sterling recovered from its lows

    11 Dec 2018 05:13 PM |

    The British pound rose today from a 20-month low of 1.2506, currently trading near 1.26 levels, after British Prime Minister Theresa May

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  • Markets are waiting very important events this week

    10 Dec 2018 04:50 PM |

    As the year 2018 draws to a close, economic events are on the fire. Markets are looking at a number of important economic events that will determine

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  • OPEC is waiting for Russia to take a decision & US Dollar under pressure

    6 Dec 2018 05:16 PM |

    Oil prices plummeted during today's session as the OPEC meeting for deciding about cut output, pushing US crude hit its lowest level since Nov. 30 at $ 50.23

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  • US dollar giving up its gains amid concern about the economy

    5 Dec 2018 02:56 PM |

    The US dollar rose at the start of trading today but is still under pressure as US bond yields plummet and fears that economy may be in a recession. Investors

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  • GBP jumps after the EU court has ruled that Article 50 can be unilaterally activated

    4 Dec 2018 03:43 PM |

    In an unexpected move, the EU court announced the possibility of UK activate Article 50, which allows it to leave the EU unilaterally

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  • What after the China-US truce? A week packed with important economic events

    3 Dec 2018 03:32 PM |

    US President Donald Trump and Chinese President Xi Jinping have agreed to hold a truce between the two countries and stop imposing

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  • Markets looking forward raising US interest rate fourth time in December

    30 Nov 2018 03:21 PM |

    The US dollar jumped overnight as markets looking forward to raise interest rates at the December meeting for the fourth time this year.

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  • Powell's remarks pushed the dollar lower; and Oil breaks the 50-dollar barrier

    29 Nov 2018 02:56 PM |

    Yesterday, the US dollar fell from a 2-week high following comments by Federal Reserve Chairman Jerome Powell about interest

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