Equities
Major US stock index futures extended gains following upbeat Chinese manufacturing and renewed optimism over trade between China and the United States. The Caixin Manufacturing PMI came in at 50.8 versus an expectation of 50.1, the highest since January 2018 to signal a recovery in…
Equities
Major US indices finished sharply lower yesterday as it became clear that President Trump and President XI will not meet for trade talks before the March deadline. Earlier in December, the presidents agreed on a three-month truce where both countries will ease trade tensions and…
GBP
The British pound tumbled to a two-week low against the United States dollar as market participants await Brexit developments and the Bank of England meeting. Theresa May headed to Brussels to seek changes to the backstop to save her deal. However, her chances of reaching…
USD
The dollar index which measures the greenback against a basket of major currencies rose to a two-week high of 96.24 following Trump's State of the Union speech. Trump reassured the need to build a border wall to stop illegal immigration. Also, he talked about the…
USD
The dollar index which measures the greenback against a basket of major currencies rose to a high of 95.75 ahead of the European trading session. The greenback found support from Friday's economic data releases. The data showed that the United States economy created 304 thousand…
Equities
Major US stock index futures extended gains following upbeat Chinese manufacturing and renewed optimism over trade between China and the United States. The Caixin Manufacturing PMI came in at 50.8 versus an expectation of 50.1, the highest since January 2018 to signal a recovery in…
Equities
Major US indices finished sharply lower yesterday as it became clear that President Trump and President XI will not meet for trade talks before the March deadline. Earlier in December, the presidents agreed on a three-month truce where both countries will ease trade tensions and…
GBP
The British pound tumbled to a two-week low against the United States dollar as market participants await Brexit developments and the Bank of England meeting. Theresa May headed to Brussels to seek changes to the backstop to save her deal. However, her chances of reaching…
USD
The dollar index which measures the greenback against a basket of major currencies rose to a two-week high of 96.24 following Trump's State of the Union speech. Trump reassured the need to build a border wall to stop illegal immigration. Also, he talked about the…
USD
The dollar index which measures the greenback against a basket of major currencies rose to a high of 95.75 ahead of the European trading session. The greenback found support from Friday's economic data releases. The data showed that the United States economy created 304 thousand…
