Anticipation is the driver
Anticipation is the driver – Geopolitical tensions continue to cap gains and investors are cautious ahead of this week’s closely watched Fed meeting.
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Asian markets wobbly
Global Markets:
Asian Stock Markets : Nikkei up 0.03%, Shanghai Composite up 0.10%, Hang Seng up 0.45%, ASX down 0.35%
Commodities : Gold at $1342.45 (-0.15%),...
Fed messaging the key focus for week ahead
Asian currencies began the new week on a mixed note against the US Dollar index, with the DXY holding on to gains around the...
Soft CPI Keeps USD Weighed Down
Data Miss Keeps USD Pressured
The US dollar weakened again over the European morning on Friday. Expectations of a forthcoming rate cut from the Fed...
Gold Soars To Fresh 2019 High on Weak US Data
Gold
The yellow metal continued to explode higher this week as weakness in the US dollar was further exacerbated by soft data.
Earlier in the week,...
Markets hit by caution ahead of US retail sales data
The mood across financial markets was cautious this morning as rising geopolitical tensions in the Middle East and persistent uncertainty over US-China trade developments...
Action on Pound
GBPUSD
The pound has been relatively steady in recent sessions versus the other major currencies, on net, though has retained a heavy tone for want of...
