The firm now expects the ECB to cut its deposit facility rate twice, by 10 bps each, in September and December respectively The firm is also maintaining their view that… Read more »
GBP OUTLOOK – BRITISH POUND COULD RALLY AS PM, BREXIT CLARITY EMERGES Spot GBPUSD could reverse to the benefit of the British Pound The Sterling is showing signs of rebounding… Read more »
OPEC comments in its monthly oil report Just only over a week after the cartel decided to extend its output cuts deal, they now expect a tougher and greater challenge… Read more »
Citigroup says that is certainly a possibility The firm’s senior technical strategist, Shyam Devani, argues that 2-year Treasury yields may slide to 1% (currently 1.80%) by the end of 2020… Read more »
Let’s just say sympathy is in short supply. In a clear example of extreme American consumerism, one profligate man, using the online handle Slavikfill, claimed to be seeking tips on… Read more »
It has been about a year since the ESMA mandated brokers onboarding retail clients in the EU to cut the maximum leverage they can use to 30:1 on major FX… Read more »
© Reuters. Canada’s Jobs Market Pauses After Monster Start to Year (Bloomberg) — Canada’s booming labor market geared down in June, with employment little changed and a slight uptick in… Read more »
View Bitcoin could rise above $12,000 with the daily chart reporting a bullish reversal. A high-volume bullish breakout on the hourly chart indicates scope for a rise to the bearish… Read more »
The price of the yellow metal had the worst performance in a year, as the price fell to the level of support at $1382 per ounce from the resistance level… Read more »
You’ve come a long way, baby: The U.S. economy has now entered a record 11th year of expansion. The current recovery began in June 2009 and has lasted… Read more »