Market News

The Pound Sterling edged lower against the US Dollar as the numbers of deaths from the Coronavirus increased in the UK.

Crude oil futures plummeted on Monday, hitting levels not seen since 1999, pressured by continually reducing demand and worries

Market updates for April 20: Despite the gloomy global economic outlook, stock markets (especially in the U.S.A.) continue to look firm

The US Dollar edged lower during Friday trade in Asia after a news report indicated that there were some signs of success for a new drug treatment for the Coronavirus.

The Pound Sterling was steady during London trade on Thursday, albeit moving lower versus the US Dollar.

The International Monetary Fund's managing director Kristalina Georgieva said that the UK should ask for an extension for its post-Brexit transition

Forex and market updates for April 16: There is increasing discussion of the economic cost of the pandemic in hard hit countries and talk of reopening economies, especially in the US.

Despite talks of reopening businesses around the globe, investors are concerned that dismal economic data is painting a bleak picture,

The International Monetary Fund has warned that the global economy is poised for a severe recession that will be the worst since the Great Depression

US President Donald Trump has announced that the US government is finalizing a plan to reopen the US economy

Pound Sterling edged away from the recently struck 1-month peaks against its rivals the Euro and US Dollar

The US Dollar had nursed recent losses during Asian trade on Wednesday before a sentiment shift.

The Pound Sterling struck a 1-month peak against the US Dollar during Tuesday trade in London as confidence rises that the various lockdowns around the globe may finally be impacting the Coronavirus spread.

Asian stock markets were trading broadly higher on Tuesday as lawmakers worldwide began to announce potential options for ending the lockdowns that have stifled the global economy.

Market Updates for April 14: Price of Gold hit a 7-year high price above $1700 an ounce yesterday, suggesting a break to still higher prices is likely.