Market News

This week has considerably less important data due than last week, with no real central bank input due at all, and few major economic data releases scheduled.

The US Dollar managed to hold onto recent gains against the Japanese Yen though FX traders grow wary of so-called progress in the US-China trade talks

The British pound has been trading lower for the past two days, but the losses were snapped on Thursday as Brits wait for an election manifesto from the opposition Labour Party

Oil futures closed higher on Wednesday after data out of the U.S. showed that crude supplies increased for the fourth consecutive week

In its recently released biannual stability assessment, the European Central Bank claimed that the biggest financial vulnerabilities the Eurozone is facing are a traditional banking sector

Sterling was lower against the US Dollar and flat against the Euro during the London trading session on Wednesday.

Despite rumors and reports that “phase 1” of the trade deal between the U.S. and China is progressing nicely the negotiations seem to have taken a nosedive

The US Dollar steadied against its key rivals during London trade on Tuesday, putting an end to three days of straight losses for the greenback

The Japanese Lower House just passed a trade deal with the United States that opens the doors for tariff cuts on several types of goods except on Japanese automobiles

Yesterday’s reports of steps towards decoupling between China and the United States were based on measurable steps that China has taken to distance itself from the U.S. economically.

In a report they recently released, the World Trade Organization stated that growth in global merchandise trade will remain behind the trend during the fourth quarter of this year

The Pound Sterling edged above the $1.2960 level against the US Dollar during London trade on Monday.

China’s central bank trimmed rates on seven-day reverse repurchase agreements on Monday, the first time this move was made since 2015.

This week has more important data due than last week, with central bank input due from the Federal Reserve, the European Central Bank, and the Reserve Bank of Australia.

The US Dollar was higher during Friday morning trade in Tokyo on new signs that the global economy is slowing even further.