Equities Lose $5 Trillion as Bulls Slay Bulls

Friday February 9: Five things the markets are talking about **Stateside, the House of Representatives has approved the bill to fund the U.S government and has raised spending limits over two-years, it is now sending the measure to President Trump.**…

Pound jumps on ‘Hawkish’ BoE

Thursday February 8: Five things the markets are talking about The global equity markets remain unnerved as U.S bond yields again trade atop of their four-year highs after U.S congressional leaders reached a two-year budget deal to raise government spending…

USD/CAD – Canadian Dollar Steady as Housing Reports a Mixed Bag

The Canadian dollar has ticked higher in the Thursday session. Currently, the pair is trading at 1.2562, down 0.07% on the day. On the release front, Canadian housing numbers were mixed. The New Housing Price Index edged lower to 0.0%, shy of…

Weekly FX Market Update – 6 February 2018 (Video)

It’s been an extremely turbulent 24 hours in the financial market with the Dow recording its largest ever daily points drop as panic set in and traders tried to work out what was triggering such a strong sell-off. Markets have…

Beware: FX Space is Calm, but Appearances can be Deceiving

Wednesday February 7: Five things the markets are talking about Risk-averse sentiment seems to have cooled for the time being as a number of the major indexes rebound in the overnight session. Note: From a volatility standpoint, the forex market…

U.S. Trade Deficit Is Wider Than Any Month or Year Since 2008

The U.S. trade deficit widened to the biggest monthly and annual levels since the last recession, underscoring the inherent friction in President Donald Trump’s goal of narrowing the gap while enjoying faster economic growth. The deficit increased 5.3 percent in…