Tag: US

Is BoE Rate Hike in Doubt After Inflation Data?

GBP slides as core inflation falls below BoE target Focus is back on the central banks on Wednesday as we await the second appearance this week of Federal Reserve Chair Jerome Powell and the Bank of England’s interest rate plans are questioned following some softer inflation numbers. The pound is tumbling again on Wednesday after […]

Futures Flat Ahead of Powell Testimony

Trump comments unpopular but markets steady It’s been an interesting start to trading on Tuesday, although markets are so far relatively unmoved with European indices mixed and US futures relatively flat ahead of the open. While US President Donald Trump has come under intense criticism for his comments after his meeting with Vladimir Putin, in […]

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 […]

US Inflation Eyed as Markets Pare Losses

Markets higher after tariff-related losses It’s been a more positive start to trade on Thursday, with equity markets in the green and paring Wednesday’s losses as investors continue to weigh up what impact the latest trade tariffs will have on the global economy. While markets have typically reacted negatively to any escalation on trade, the […]

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 […]

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 […]

China Seeks Closer Ties With Europe After US Tariffs

China is looking to the European Union as its new best friend amid trade frictions with the United States. Prime Minister Li Keqiang met eastern and central European leaders in Sofia, Bulgaria, on Saturday, and vowed to open up China’s economy to the wider world. Keqiang is also meeting German Chancellor Angela Merkel on Monday […]

Markets remain under pressure on trade concerns

Investors remain cautious despite brief bounce on Wednesday It’s been a relatively slow start to trading on Thursday and, as has been the case for most of the last week, investors remain fixated on trade disputes which continues to weigh on risk appetite. Once again European indices are trading in the red early in the […]

Oil Climbs Ahead of Inventories

Trade war fears remain Financial markets are once again in risk aversion mode on Wednesday, as investors continue to take shelter from the ongoing trade spat. There hasn’t been much progress – positive or negative – in recent days although US Treasury Secretary Steve Mnuchin did deny reports that the country is looking to block […]

Trade spats continue to weigh

Investors remain concerned about trade war prospects US futures are in the red again ahead of the open on Tuesday, with the ongoing trade spats between the US and others continuing to weigh. While there haven’t been any major developments in the last 24 hours, nothing we’ve heard recently fills investors with any confidence that […]