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1 day ago
Wall Street lacks conviction but closes in the green, down for the week
Global markets traded with an upbeat tone into the weekend with North American equities recovering a portion of their recent selloff. US stocks staged
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1 day ago
WTI closes +0.31% in the green on Friday on supply concerns
The price of West Texas Intermediate crude was in recovery for the week, ending the New York session on Friday 0.33% higher, although trading well off
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1 day ago
Gold gives back territory towards a 23.6% retracement
Gold prices were a touch lower by the end of the week, falling -0.68% having travelled between a high of $1,528.00 to a low of $1,503.87, ending the N
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1 day ago
Banxico: In spite of relatively hawkish wording, more rate cuts are on the way - BBVA
On Thursday, four out of five Bank of Mexico board members voted to cut the policy rate by 25bp to 8.00%, the first cut since 2014. According to the R
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1 day ago
Eurozone: PMI and ECB minutes - Danske Bank
According to analysts from Danske Bank, the two key events next week in the Eurozone will be the PMIs and the minutes from the latest meeting of the E
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1 day ago
USD/JPY: The trend is for yen appreciation – MUFG
Analysts at MUFG Bank, continue to see that the main trend in the USD/JPY points to a stronger yen. They see the pair trading between 104.50 and 107.5
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1 day ago
AUD to outperform CAD over the next 12 months - CIBC
Analysts at CIBC, consider that the Canadian Dollar may have peaked against the Australian Dollar if trade tensions ease, with domestic demand in Aust
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1 day ago
EUR/USD: Concerns over global growth and ECB easing expectations will weigh on the Euro – MUFG
Analysts at MUFG Bank, see the EUR/USD pair with a neutral bias for next week, moving in the range of 1.0950 - 1.1250. Key Quotes: “The euro has broke
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1 day ago
ECB likely to announce a tiering system in September – Danske Bank
According to analysts from Danske Bank, the European Central Bank will announce a tiering system at the September meeting. They see that the exact des
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1 day ago
USD/MXN trades sideways after rate cut, remains above 19.50
The USD/MXN pair rose late during Friday’s American session, climbing back above 19.60. It is about to end the week with a small gain. The pair remain
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1 day ago
UK FinMin Javid: No-deal Brexit will require significant economic package as response
In an interview with British daily The Times, British Finance Minister Sajid Javid said that a significant economic package would be required as a res
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1 day ago
NY Fed's GDP Nowcast improves to 1.8% for Q3 from 1.6%
According to the Federal Reserve Bank of New York's latest Nowcasting Report, the US economy is expected to expand by 1.8% in the third quarter of the
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1 day ago
EUR/USD looks to post lowest weekly close in more than two years below 1.11
The shared currency struggled to find demand this week following the disappointing macroeconomic data releases and turned south after posting small re
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1 day ago
Germany to urge EU member states to refuse to renegotiate Brexit deal - The Guardian
Citing a leaked German government paper, The Guardian today reported that Germany was ready for a no-deal Brexit and would urge its EU allies to refus
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1 day ago
Fed's Kashkari: Fed needs to pull back on interest rates
In an interview with CNN, Minneapolis Fed President Neel Kashkari said that the Fed needs to pull back on interest rates. "The bond market is pointing
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1 day ago
United States Baker Hughes US Oil Rig Count rose from previous 764 to 770
United States Baker Hughes US Oil Rig Count rose from previous 764 to 770
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