Federal Reserve
The dollar held on to big gains on Wednesday ahead of today's Federal Reserve's minutes. The Fed releases the minutes of its July policy meeting at 1800 GMT, after European markets have closed, and will be pored through for clues to how the debate over the policy outlook is developing. The...
Gold Commodity
Huge inventory draw saves crude’s blushes as a stronger dollar twists the knife in gold’s side. The American Petroleum Institute (API) rode to oil’s rescue overnight reporting a massive 9.2 million barrel drawdown in inventories against an expected 3.6 million barrels. Ahead of this number both Brent and WTI had...
SWISS FRANC
Credit Agricole CIB FX Strategy Research argues that EUR/CHF faces limited downside risks from current levels on the ground that rising safe-haven demand could trigger renewed fears of currency intervention. From that angle, CACAIB believes that any recent EUR/CHF downside should be treated as corrective rather than a change in trend. "This is especially true given...
Great British Pound Currency
Has inflation peaked?  “The expected pickup didn’t happen. Inflation remains cooler and the pound dipped as investors had expected a rebound in July following the surprise drop in June. Inflation fell from 2.9% in May to 2.6% in June, where it remains. Month-on-month CPI declined 0.1% from June to July....
US Dollar Japanese Yen
The US dollar continued gaining during the Asian session following yesterday’s spike versus the yen on upbeat retail sales. Sterling was also down against the greenback during morning trading, while other majors including the euro, aussie, kiwi and the Canadian dollar managed to recoup some of the losses against...
Stock Market Janet Yellen FOMC
Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed President Bill Dudley, who opposed his colleagues’ beliefs – by saying that he would favor a third rate increase this year. ...
Federal Reserve FOMC Stocks
Sceptical About Dollar Rally Hawkish FOMC Minutes Could Push Gold Lower UK Earning Data Could Save Sterling API Data Tumbled While Focus on Crude Inventory European markets are  keeping their attention on the upcoming FOMC minutes. The saggy inflation data could have an influence on the Fed minutes. The...
Janet Yellen - Federal Reserve
Over the past couple of days we’ve seen a decent rebound in equity markets as risky assets start to regain some of their attraction, as concerns about tensions in North Korea show signs of settling down a little. In spite of the recent rebound we still remain below the levels...
London Stock Exchange FTSE

FTSE on the mend

The FTSE 100 continued to recover in early trade as tensions between the US and North Korea eased. It comes after more than £27 billion was wiped off the value of blue-chip stocks on Thursday, sending the FTSE 100 to its biggest daily fall since April 18 this year. But shares...
Great British Pound Currency
Sterling has fallen by 0.41% against the dollar on Tuesday following the Office for National Statistics reports on consumer and producer prices. In July, the consumer price index was unchanged at 2.6% while the producer price index rose 3.2% on an annual basis. Official figures on Tuesday showed the pace at which manufacturers' raw...