Tag: EU

Fed minutes rattle investors

Market sensitivity to Fed hikes evident again after minutes We’re seeing mixed trading in Europe so far on Thursday, following a less than impression in Asia overnight – particularly in China – while US futures are pointing to further losses on Wall Street which saw some late weakness on Wednesday. The Fed minutes caused further […]

Fed minutes eyed as markets recover

Fed minutes in focus as markets rebound following sell-off US futures are trading slightly in the red on Wednesday, paring gains from the previous day as risk appetite continues to improve. A decent rebound in the US on Tuesday on the back of strong earnings numbers has gone some way to allaying fears about last […]

Little hope for Brexit breakthrough at EU summit

May heads to Brussels as no deal preparations continue Risk appetite appears to be gradually returning to markets following strong earnings-driven gains in the US overnight as attention now shifts to Brussels were Brexit talks will continue. All eyes in Europe will be on the EU summit over the next couple of days as Theresa […]

Live FX Market Analysis – 16 October 2018 (Video)

It’s been another turbulent week in FX markets with last week’s sell-off suitably spooking investors, Saudi Arabia causing a stir following allegations of murder at its embassy in Turkey, Brexit talks stalling and Italy risking the wrath of the European Commission after submitting its budget. Senior Market Analyst Craig Erlam discusses all of these and […]

Risk aversion remains at the start of the week

Could strong retail sales report prompt more selling? Markets remain in risk aversion mode at the start of the week, with losses being recorded across Asia and Europe and US futures pointing to a similar session on Wall Street. While the losses being reported are more modest that those seen last week, which investors will […]

OANDA Market Insights podcast (episode 35)

OANDA Senior Market Analyst Craig Erlam review the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: Global market sell off, IMF warns Italy, Chancellor optimistic on Brexit, Crude slumps on market uncertainty. OANDA Market Insights podcast (episode 35) Posted 13 minutes ago Oil Prices Rise but […]

European update – GBP/USD pares gains after data

Investors remain risk averse as multiple concerns weigh Relatively flat sessions across much of Asia and some weakness in Europe on Wednesday is taking its toll on US futures ahead of the open on Wall Street. There are a number of worries for investors right now, from the pace of rising bond yields and the […]

European open – Brexit reports provide early liif

Robbins and Barnier make progress on Irish border A relatively mixed session in Asia overnight has provided little direction for Europe markets ahead of the open on Tuesday, although it would appear investors haven’t been short of news flow to get their teeth into. Reports overnight that “meaningful progress” has been made between Theresa May’s […]

Could be Brexit deal in weeks claims DUP

A Brexit deal is “eminently possible” within weeks but there can be no regulatory barriers within the United Kingdom, the head of the Northern Irish party that props up British Prime Minister Theresa May said on Tuesday. Less than six months before the UK’s exit from the European Union, there is little clarity about how […]

Italy and China drag markets lower

Markets lower as we head towards quiet US session A bank holiday in the US and Canada on Monday should ensure we see thin trade at the start of the week, with news flow and economic releases from that side of the pond also likely being fairly muted. Of course we can never account for […]