The Brexit effect
On Thursday 24th June 2016, Britain voted ‘Leave’, opting to quit the European Union.
On Thursday 24th June 2016, Britain voted ‘Leave’, opting to quit the European Union.
This week, the UK will hold a historic referendum on Thursday 23rd June where voters will answer Yes or No to the question “Should the United Kingdom remain a member of the European Union or leave...
Last Monday, Yellen expressed her disappointment on the weak labour market report which indirectly took the June rate hike off the table.
Late last week, Federal Reserve Chair Janet Yellen said the improving U.S. economy meant another interest-rate hike would probably be in order “in the coming months,” pushing the dollar to its...
Hawkish FOMC minutes showed most Fed officials believed a rate hike in June is likely if the economy supports it. EURUSD dropped to 7 weeks low.
Stronger than expected spending in US boosts the greenback to end the week higher. Could the momentum carry on this week?
RBA cuts interest rate to historical low. China, UK and US data under-perform. Where is the ray of hope amidst the gloomy skies?
ECB kept interest rates unchanged, but the Euro went through a roller-coaster ride.
The highly anticipated meeting in Doha, Qatar ended without any agreement. WTI gapped 2,000 points, fell below $40 a barrel.
Risk aversion drives demand in safe-haven, USDJPY plunges to 18-month low.