Market Weakness Starting To Reemerge
Market Weakness Starting To Reemerge
U.S. Dollar Trading (USD) received support from the changing mood in the markets with last week being the first in 2 months to show significant Equity downside. Currencies took their cue and dropped against the safe haven USD quite significantly. JPY continued to strengthen outpacing the dollar. CPI (Apr) remained flat […]
Sterling Gains On Improving Economic Data
Sterling Gains On Improving Economic Data
The dollar declined versus its rivals on Tuesday on more signs the global economy is stabilizing. Business investment in China expanded at the fastest pace since 2006, crude oil rose to a 6-month high and the UK economy showed signs of recovering. The yen rose despite rising risk appetite. US […]
Equity Market Contains Asian Rally. Commodity Flat-Line
Equity Market Contains Asian Rally. Commodity Flat-Line
Wall Street:
U.S. equity traders held the flat line at the close of trade after a roller coaster ride lower that maintained prices close to a four month high. The tone was decidedly negative in the morning session, but managed to scrape higher as oil prices closed below the important […]