The British pound/U.S. dollar (GBP/USD) currency pair broke down earlier on the back of a slightly disappointing UK wages data and after reports emerged that Prime Minister Theresa May could lose an important parliamentary vote on Brexit. Apparently, Labour will support a move from pro-European Tory MPs to keep the UK in a customs union […]
Could CPI rescue POUND-ed Brexit-hit sterling? Read More »
With concerns about the nascent global trade war escalating and the Treasury yield curve inverting, Federal Reserve Governor Jerome Powell had a clear opportunity to tap the brakes on the central bank’s hawkish lean in today’s semi-annual testimony to the Senate Banking Committee. Instead, Powell generally downplayed concerns about the U.S. economy, prompting traders to
USD/JPY probing year-to-date high after Powell downplays market fears Read More »
A daily summary of high-profile members of several complexes. …read more From:: Resource Investor
Afternoon look at gold, crude & Treasuries Read More »
Intercontinental Exchange Inc. (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch a physically delivered Permian West Texas Intermediate (WTI) crude oil futures contract, deliverable in Houston, Texas. The Houston delivery point has become the pricing center for U.S. crude oil production and
ICE launches futures contract based on Permian WTI crude Read More »
By mid-March 2018, rhetoric regarding trade relations between the United States and China began to heat up. President Trump started this earlier in the year with an announcement of steel and aluminum tariffs. Later he focused more on China and Chinese officials responded in kind. The heated-up rhetoric seemed to be capable of starting a
Alt 5 Sigma Inc. is pleased to announce Wynston Hill Capital as its first FINRA-registered Broker-Dealer to launch the A5S cryptocurrency platform, a first-of-its-kind proprietary platform developed to connect financial institutions to the cryptocurrency global markets. …read more From:: Resource Investor
Wynston Hill Capital to launch A5S platform Read More »
R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that its London-based affiliate, R.J. O’Brien Limited (RJO Limited), is now approved as a general clearing member of EquityClear, the UK-based equities clearing service of LCH Limited, a leading global clearinghouse. …read more From::
R.J. O’Brien joins LCH’s EquityClear as clearing member Read More »
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 U.S. President Donald Trump has come under intense criticism for his comments after his meeting with Russian president Vladimir Putin, in which he appeared to
Futures flat ahead of Powell testimony Read More »
Asian equities fell on Tuesday after crude oil prices tumbled by more than 4.6% during the previous session, following reports that Saudi Arabia has offered additional crude supplies to some of its Asian customers and that the U.S. may release some of its strategic petroleum reserves to bring prices down. …read more From:: Resource Investor
Global shares come under pressure as oil tumbles Read More »
Equity markets have softened from Sunday night. The Nasdaq plunged just ahead of settlement after Netflix missed subscriber growth expectations. However, it wasn’t all bad news heading into the close as the Russell 2000 halved a loss of 1% in the last hour. While many sectors notched losses, it was the banks that lifted more
Daily markets morning round-up: E-mini S&P, crude & gold Read More »
