Discover today's news
Our renowned analysis brings you the latest opinions and commentaries to keep ahead of the markets. Start your trading day with technical insights into the financial sector.
Traders attention turns towards the U.S economy this week
Financial markets turn their attention towards the United States this week as the FOMC delivers a key interest rate decision, and the U.S economy releases a raft of high-impacting economic data points. Economists are currently split as to whether the Federal Open Market Committee will cut interest rates for a third straight month this coming[…]
Draghi ends his term at the ECB with a dovish farewell
Outgoing European Central Bank President Mario Draghi sent a dovish farewell to market participants on Thursday, as the ECB Governing Council unanimously decided to keep interest rates at record low levels and reiterated the need for ultra-loose fiscal policy to combat growing downside risks. ECB President Draghi will long be remembered for introducing QE in[…]
Brexit delay heightens calls for an upcoming UK election
The British pound eroded its weekly trading gains against the U.S Dollar on Wednesday, as market jitters increased over fears of an upcoming UK election battle. UK Parliament voted to back British PM Boris Johnson’s Brexit deal, however, lawmakers inside the House of Commons ruled against fast-tracking the new deal into law before October 31st.[…]