Recently, for the first time in two decades, the euro reached parity with the US dollar…
Commodities Under Correction after Big Gains
Information is not investment advice
Midday Market View
European stock markets are trading mixed today, with hope of a prompt Brexit deal helping the UK market outperform, while increasing tensions between China and the US market still awaits more details for the new US stimulus.
Midday Key Point
- BOE's Ramsden supports that Bank of England does not plan for negative rates.
- Dollar continues to keep firmer on the day, all eyes on the US jobs report later.
- China says TikTok and WeChat are in compliant with US laws and international regulations.
The second earnings season of 2022 has almost begun. From banks and tech stocks to cars and the retail sector: in this outlook, we covered the most promising releases of this summer and made several projections on the companies’ prospects.
The stock market has reversed, and now it’s going lower and lower…
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus