The following article is courtesy of Retail FX broker Saxo Bank. Copenhagen based Retail FX broker Saxo Bank has today published its Q1 2019 Quarterly Outlook for global markets, including trading ideas covering equities, FX, currencies, commodities, and bonds, as well as a range of macro themes impacting client portfolios. Steen Jakobsen, Chief Economist and CIO,…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 11, 2019. Highlights include: Bitcoin Plummets Within Range: Bitcoin dropped 12% yesterday, but stayed within the range of $3,550 to $4,200 that has been established over the past month. The movement was sudden, but…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 10, 2018. Highlights include: Weak Jobs Numbers Leads Gloomy News Cycle: Weaker jobs, weaker stance taken by Fed and the latest disagreement between Xi and Trump are all affecting the market. The focus is…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 30, 2018. Highlights include: Crypto Rally Stalls, BTC Could Test Support: BTC dipped below $4,000 this morning, giving back about half of its gains from this week. If it continues to drop today, it…
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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). June has been full of surprises for currency traders as some of the leading central banks displayed a significant shift in their policy or rhetoric that could be a game changer for the rest…
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The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target, Reuters reported earlier today. A rate hike at the conclusion of the Fed's latest two-day policy meeting is already baked into…
Read moreThe U.S. has gained 255,000 new jobs in July, which by all means is a proof that companies are still hiring plenty of workers despite the lower speed of the economy. The much stronger than expected increase in new jobs has slightly accelerated the odds that the Fed might raise interest rates as early as September. The central bank held off after…
Read moreThe Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal Open Market Committee in its statement on July 27, 2016: • The Board of Governors of the Federal Reserve System left unchanged the interest rate paid on required and excess reserve balances at 0.50%. • As part…
Read moreThe U.S. Federal Reserve is preparing an enforcement action against Goldman Sachs Group Inc (GS.N) related to a leak of confidential government information to one of its employees. This will include a penalty of less than $50 million. The Fed is also considering taking action against a former Goldman executive who had access to the…
Read moreInterdealer broker ICAP plc (LON:IAP) announces today its trading statement for the period from April 1, 2016 to June 30, 2016. It will be delivered to shareholders attending ICAP’s Annual General Meeting today. Michael Spencer, Group Chief Executive Officer of ICAP, said: I expect 2016/17 to be an exciting and challenging year for ICAP…
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