Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 19, 2019. The Bank of England’s Monetary Policy Committee (MPC) is expected to hold the UK base rate at 0.75% when it announces its vote later today. But a seed of doubt was planted at the…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 19, 2019. This is not a trading advice. See details below: FOREX The US dollar is showing weakness in the aftermath of President Trump’s impeachment. The Dollar Index is down by 0.1% this Thursday, following the vote by the House…
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The following article was written for LeapRate by Giles Coghlan, Chief Currency Analyst at HYCM The UAE’s growth outlook was lowered from 2.8% in April 2019 to 1.6% The International Monetary Fund (IMF) has revised the outlook of the UAE downward in line with cuts across the globe. As well as reductions to this year’s…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 18, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound continues to fall and has cancelled out the post-election gains, as markets price in fresh risks of a no-deal Brexit. Many investors expected a more constructive…
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Much has been written about the consequences of Brexit and the possibility of a “no deal” divorce from the EU. Financial services businesses, especially forex brokers, have considered relocating to the EU to retain their respective customer bases. The loss of jobs in the labor market and the ensuing “brain drain” have also been cited,…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 17, 2019. This is not a trading advice. See details below: FOREX/BREXIT The pound is down by 0.8% against the dollar with investors reacting to reports that Boris Johnson is planning a law to prevent an extension of the post-Brexit…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for December 16, 2019. Sports Direct has reported this morning that its profits have more than doubled as its resurgence continues. The group, which is rebranding as Frasers Group following the takeover of House of Fraser, said reported…
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Globalization is often spoken of as a major sea change over the past four decades or more. Technology and telecommunications advances have made the world a more connected commercial marketplace, more so than ever before in the history of mankind. The process has redistributed wealth across the planet, cut global poverty in half, and made…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for December 16, 2019. This is not a trading advice. See details below: FOREX The euro started the week on the front foot, reaching 1.1150 against the US dollar, after good news on the trade front. US trade representative Robert Lighthizer stated…
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The following article was submitted by Michael Stark, market analyst at Exness. Positivity dominated in many markets on Monday morning GMT after the USA and China had reached a preliminary trade deal at the end of last week. The two countries held separate press conferences on Friday to announce that they’d achieved what the media are calling…
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