President Trump anchored the tensions further between the US and China (as if there was not already enough friction between them) on the topic of the trade war. Donald Trump is in full Tit for tat mod, he ordered his department to look for...
That was quick and sudden  reminding us just how quickly things can get right out of hand. On the back of Secretary of State Mike Pompeo mincing few words by branding China’s openness and globalisation as a joke, President Trump has asked the USTR to...
Bank of America Merrill Lynch Research discusses EUR/USD outlook and maintains a sell-on-rallies strategy."We remain bearish EURUSD and would sell any rallies. Looking ahead, we expect relative data, trade policy and developments in Italy to be the main EURUSD drivers.The ECB has effectively took itself...
European markets slid lower yesterday as escalations over trade caused a decline for the second day in succession, as equity markets gave up their post ECB gains.Sentiment wasn’t exactly helped by the arrest of the CEO of VW’s Audi operation, as part of the “dieselgate” investigation...
Asian markets and most equity futures have started the week off on the back foot. US – Sino trade wars are once again a pivotal theme. China responding in kind, on Friday, to Trumps’ $50 billion worth of tariffs on Chinese imports, by hitting...
It is expected that the latest instalment of concerns over the United States and China entering a potential trade war will encourage global stock markets to come under pressure this week. Some indications of risk aversion are already being seen in the markets, with...
The total cryptocurrency market capitalization is sitting under $300 billion as the digital assets continue to get crushed leading Bitcoin and Altcoins lower. Bearish red volume is creeping up signalling a significant increase in selling confirming the strong bear trend present since December. From a...
After last week’s dramatic price action dubbed “the biggest week of the year” we have another potpourri of events to side-track from the World Cup games this week. There’s more than enough risk events to keep things exciting with a plethora of central bank...
Having seen a strong rally on Thursday on the back of the European Central Bank’s caution over future rises in interest rates, markets in Europe slipped back a little on Friday as it became apparent that a trade war between the US and China...
Bank of Japan (BOJ) Governor Haruhiko Kuroda said in a speech on Friday that he sees no need to reconsider current monetary policy at the moment, however, adjustments would be made in the future if necessary. Things to take into account for such a...