Resource Investor

All major U.S. benchmarks are firmly higher this morning. Price action chopped around and consolidated through much of yesterday’s session ahead of President Trump’s decision on the Iran Nuclear Deal. His plan to not renew the deal was well-assumed prior to the official announcement. …read more From:: Resource Investor

U.S stocks ended mixed on the news while oil prices fluctuated in each direction, as investors considered the potential negative ramifications of Trump’s decision. The U.S President adopted a very aggressive rhetoric during the announcement and failed to hold back from his view that the 2015 agreement was “defective” at its core. …read more From::

Ahead of the Bank of England’s Super Thursday, the pound has found some much-needed support. It had fallen viciously for three weeks and the selling gathered pace ever since the Bank of England Governor Mark Carney strongly hinted at the prospects of no interest rate rises this month, owing to weakness in UK data. …read

Crude prices are going nuclear as President Donald Trump pulled out of the Iranian nuclear accord creating a new risk dynamic for global oil markets. The decision by president Trump to pull the plug on what he said was a horrible deal comes as global oil demand is rising and the lack of investment in

After starting the year with a yield near below 2.5%, the benchmark 10-year bond has seen yields surge to a high of nearly 3.05%, corresponding to about a year-to-date drop of about 3% in IEF, the equivalent treasury bond ETF. …read more From:: Resource Investor

Crude oil turned volatile on conflicting reports about Iran deal earlier today, with US President Donald Trump set to announce his country’s decision in just over an hour at 19:00 BST. …read more From:: Resource Investor

U.S. futures are tracking their European counterparts lower ahead of the open on Tuesday, as traders await an announcement from U.S. President Donald Trump on Iran. …read more From:: Resource Investor

The S&P 500 is lower this morning after yesterday’s momentum shift. Price action slipped from unchanged at 2:15 a.m. Central, right as Fed Chair Powell spoke at a forum in Switzerland. It is Decision Day. Yesterday, just as crude oil settled above $70 per barrel and at the highest level since November 2014, President Trump

It could be said that there is a cautious vibe across the financial markets on Tuesday, as investors brace for President Donald Trump’s announcement on the Iran nuclear deal later today. …read more From:: Resource Investor

Apart from the eagerly anticipated announcement from President Trump on whether the United States will pull out of the 2015 Iran nuclear deal, one of the most highly awaited events in the economic calendar this week will be the latest interest rate decision from the Bank of England (BoE). …read more From:: Resource Investor