By Jeffrey Halley New York had a relatively quiet session overnight, with Europe’s announcement that its next round of sanctions would include Russian coal imports, having no impact on energy prices. A
By Jeffrey Halley The FOMC minutes were released overnight and signalled a faster pace of balance sheet runoff than on previous occasions, targeting $95 billion per month from September, easing into the
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks traded higher Tuesday morning, while European shares rose after Fed Chair Jerome Powell struck a more hawkish tone on monetary policy. In
By Han Tan, Chief Market Analyst at Exinity Group The benchmark crudes Brent and WTI are edging higher and hovering around their highest levels since 2014 in the leadup to Wednesday’s OPEC+
By Han Tan, Market Analyst at FXTM The rally in global stocks is taking a breather before the weekend, having posted a new record high on Thursday. Most Asian benchmark indices are
By Han Tan, Market Analyst at FXTM The Dollar is weaker against all G10 and Asian currencies ahead of Wednesday’s Fed rate decision and the US Q1 GDP announcement. The Dollar index
By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Investors are keeping their fingers crossed as hope builds up following steps from world governments to gradually loosen lockdown
By Hussein Sayed, Chief Market Strategist at FXTM Asian equities kicked off Monday trading on a positive note with most benchmarks rising more than 1%, led by a 2.5% rally in the
By Jameel Ahmad, Global Head of Market Research and Currency Strategy at FXTM Could you ever imagine you would see the price of U.S. crude oil valued at less than a pizza?
The benchmark US crude West Texas Intermediate (WTI) collapsed to just below $11 on Monday, its worst drop since December 1998, as the coronavirus outbreak causes demand to slump. “Over the past
