Tag: GBP

Markets higher as earnings season gets underway

Earnings season eyed as trade war fears remain We’re seeing some risk appetite return on Friday even as concerns about trade remain front and centre and shows no signs of improving. European equity markets are trading in the green on Friday, taking the lead from the US session on Thursday where tech stocks drove a […]

UK Proposes New Bank Regulation in Brexit White paper

The U.K. government has proposed to end one of the most-cheered privileges of the financial industry, according to a new document Thursday, as it tries to speed up negotiations to leave the European Union. In a white paper, the U.K. government proposed new trade arrangements with the EU to come into force when it leaves […]

GBP/USD -British pound trading sideways, political drama continues

The British pound is showing limited movement in the Wednesday session. In North American trade, the pair is trading at 1.3245, down 0.22% on the day. In economic news, there are key British releases. In the U.S, inflation reports narrowly beat their estimates. Core PPI was unchanged at 0.3%, beating the forecast of 0.2%. PPI dropped from […]

Trump triggers sell-off with new tariff push

Markets in decline as US prepares $200bn in tariffs against China Equity markets in Europe are trading in the red once again on Wednesday and those in the US are on course to head in the same direction, as trade war fears once again take hold. While this announcement has been expected ever since US […]

When the going gets tough, the tough get going

When the going gets tough, the tough get going U.S. stocks are trading off their intraday highs late in the NY session weighed down by financials profit-taking ahead of the deluge of bank earnings reports on Friday, robust US economic data had temporarily overshadowed fears over global trade disputes. That was until a late NY […]

Bank of Canada Expected to Hike on Wednesday

The US dollar is mixed against majors on Tuesday. The JPY has lost as risk appetite is back in vogue with investors and the GBP has risen after the market digested the resignations of pro-Brexit members of Theresa May’s government. The Bank of Canada (BoC) will publish its rate statement on Wednesday, July 11 at […]

Bank of Canada Rate Hike OANDA Market Beat Podcast

OANDA Senior Market Analyst Alfonso Esparza reviews the major upcoming market news, macro analysis and economic indicator releases that will impact currencies, stocks other asset classes. Subscription available on iTunes https://goo.gl/TZEWRW and GooglePlay https://goo.gl/cRBk39. Tune in every Tuesday and don’t miss a beat as we cover the hottest trends impacting the markets in the week […]

Live FX Market Analysis – 10 July 2018 (Video)

In this week’s webinar, Senior Market Analyst Craig Erlam discussed the latest Brexit developments as two members of her team resign after an apparently united and productive meeting on Friday. He also talks Trump, after the latest imposition of trade tariffs and ahead of his trip to the UK and the NATO summit, and previews […]

GBP/USD – British pound steady on modest GDP growth

The British pound has posted slight losses in the Tuesday session. In North American trade, the pair is trading at 1.3268, up 0.07% on the day. On the release front, British Manufacturing Production posted a gain of 0.4%, short of the estimate of 1.0%. Still, the gain was welcome news after three consecutive declines. Britain’s […]