Market News

Asian stock indexes were broadly higher on Monday as markets sought stability after last week’s unexpected volatility.

This week will see a very light news agenda, with no major central bank input, and a few data items of importance concerning primarily the U.S.A.

The US Dollar Index struck a 2-week peak as FX traders seek out the Dollar’s relative safety while European equities are in distress.

According to the latest polls, the ongoing rally for the Pound Sterling is likely drawing to a close as mounting worries over the Brexit negotiations weigh more heavily.

Following Monday’s record-breaking fall by the U.S. stock market, which triggered a broader global sell-off, yesterday saw the market recover considerably

The US Dollar continued to slide against the Japanese Yen, seen by investors as among the safest currencies to buy in times of economic turmoil.

The US Dollar was broadly higher on Tuesday after the fall in global equities had investors looking to lower their risk exposure and seek out the greenback’s relative safety.

U.S. stocks were under fire on Monday with the Dow Jones Industrial Average falling nearly 1,600 points at one point and all three major stock indexes erasing all of 2018’s gains thus far.

The US Dollar couldn’t maintain the momentum after last Friday’s upbeat labor report provided the greenback with a solid lift.

Asian shares were broadly lower on Monday as inflation fears fueled projections that global central banks may tighten monetary policy more aggressively in the near term.

This week will see a reasonably full news agenda, with the key items of central bank input all concerning the U.K., Australia, and New Zealand.

The US Dollar was broadly lower in Asian trading on Friday and is poised to close out the week with a decline, especially against the common currency Euro as investors focus on the Eurozone’s renewed economic strength.

The Pound Sterling gained strength during trading on Thursday after a tough week of losses.

The dollar held steady against its primary trading partners on Thursday after the Federal Reserve held rates steady but noted that inflation is likely to continue rising

The Pound Sterling edged lower versus both the US Dollar and the common currency Euro on the latest Brexit-related news.