0.0 00 European stock futures are indicating a higher open for today. Investors are waiting on comments from OPEC and are watching President Donald Trump who is on the last leg of his first trip abroad. …
Read More »Gold holds steady after the FOMC Minutes
0.0 00 The price of spot gold (XAU/USD) traded steady despite a slightly less hawkish FOMC minutes release. Gold manage to hold onto most of yesterday’s gains while the Dollar followed Treasury yields lower. Spot gold …
Read More »Treasury yields fall after the FOMC Minutes
0.0 00 During the day yesterday, into today’s morning Asian trade session, US Treasury prices rose, pushing yields lower after the release of the May minutes from the Federal Open Market Committee’s (FOMC) meeting. The global …
Read More »China’s rating downgrade to effect Europe Today
0.0 00 The markets, as of 7:00 am London time, are set to open lower extending yesterday’s losses. Moody’s downgraded its credit rating for the world’s second-largest economy China, and set a negative outlook. Futures in …
Read More »The Price of Crude rises on further OPEC Production Cuts
0.0 00 The price of US WTI crude oil continues to push higher ahead of today’s key OPEC meeting hosted by Saudi Arabia. The cartel, along with Russia, are expected to announce a nine month extension …
Read More »Gold Prices could turn lower after the FOMC Minutes
0.0 00 This morning, the price of US spot gold (XAU/USD) moved lower as US Treasury yields rose along with the US dollar. This sapped the strength out of the non-interest bearing gold and other similar …
Read More »Europe seen Mixed after Manchester Terror Attack
0.0 00 Stock and financial bourses are looking rather mixed for today’s open. Investors are waking up to news of yet another terror attack in the United Kingdom. They are also digesting more economic turmoil within …
Read More »The Euro could shrug off today’s Economic Calendar
0.0 00 Should there be a mixed bag with the data, as analysts are expecting, the euro is more than likely to shrug today off. The European Central Bank (ECB) is locked into a wait and …
Read More »Europe Donald Trump as he Travels Abroad
0.0 00 Markets in Europe are seen higher today as investors eye US President Donald Trump on his first foreign trip. Investors in Europe are also focused on corporate earnings. As of 7:00 am London time, …
Read More »The British Pound falls in early Asian Trade
0.0 00 Forex, or currency traders, are focused more on geopolitical issues than on actual economic data. This morning, in early Asian trade, the British Pound (GBP/USD) fell after news reports that the Prime Minister of …
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