The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Reserve Bank of Australia (RBA) maintained its cash rate target at 1.50% as widely expected by analysts. The policy decision triggered little enthusiasm both in the hawkish and the dovish camp. Mixed policy…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Australian dollar is recognized as the best proxy for trading the Chinese economy, as the Chinese Yuan is not freely traded. The Reserve Bank of Australia’s (RBA) former Governor Glenn Stevens has said…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The FBI investigations on an eventual Russian influence on the US 2016 election and the outcome are taking their toll on the US stock markets. There are rising voices that President Donald Trump could…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil markets show signs of optimism into the next OPEC meeting due on May 25th. The price of a barrel of WTI plunged by 23% in April, on worries that the OPEC’s outcome cut…
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The article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Gold recorded its biggest weekly loss since November, as the Federal Reserve (Fed) kept the June interest rate hike expectations alive at its April meeting. Gold was sitting on the critical $1’257/1’252 support (38.2% retracement…
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The major question is who, between Francois Fillon and Emmanuel Macron, will be racing against Le Pen?
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This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Gold traded at $1295.56 on Monday, the highest level since Donald Trump’s election triggered the ‘reflation’ rally across the global asset markets and the US yields. After reaching their highest by mid-March, the US 10-year…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Federal Reserve (Fed) Chair Janet Yellen said the last word on the US’ monetary policy outlook. The ‘appropriate stance of policy is now closer to […] neutral’ according to Janet Yellen. Hence, the…
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From a technical point of view, there is potential for a deeper downside correction.
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Why did higher UK inflation trigger a pound rally?
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