Dear Traders, Please find our updated trading schedule for the Christmas, Boxing Day and New Year’s Day holidays below. All times mentioned in GMT +2. Liquidity over the holidays is expected to be particularly thin so please take the necessary precautions to ensure you are not affected by increased volatility, spreads and intermittent pricing. We … Continue reading Holiday Trading Schedule Dec 2018– Jan 2019
Category: Recent
Wednesday 19th December: Asian Markets mixed as investors await Fed outcome
Global Markets: Asian Stock Markets : Nikkei down 0.69%, Shanghai Composite down 0.47%, Hang Seng up 0.19%, ASX down 0.16% Commodities : Gold at $1254.90 (+0.10%), Silver at $14.76 (+0.41%), Brent Oil at $56.63 (+0.66%), WTI Oil at $46.84 (+0.52%) Rates : US 10-year yield at 2.810, UK 10-year yield at 1.284, Germany 10-year yield … Continue reading Wednesday 19th December: Asian Markets mixed as investors await Fed outcome
Wednesday 19th December: FOMC takes center stage today – expected to lift rates by 25bps to 2.25-2.50%.
The Fed is expected to lift rates by 25bps to 2.25-2.50%, with risks the hiking trajectory could be narrowed. The tone of the statement and Chair Powell’s press conference is expected to tilt dovish, reflecting a data-dependent FOMC.
Tuesday 18th December: Asian Markets lower after US sell offs
Global Markets: Asian Stock Markets : Nikkei down 1.77%, Shanghai Composite down 1.00%, Hang Seng down 1.33%, ASX down 1.22% Commodities : Gold at $1250.50 (-0.10%), Silver at $14.74 (-0.16%), Brent Oil at $58.67 (-1.58%), WTI Oil at $49.31 (-1.77%) Rates : US 10-year yield at 2.850, UK 10-year yield at 1.271, Germany 10-year yield … Continue reading Tuesday 18th December: Asian Markets lower after US sell offs
Tuesday 18th December: US housing data eyed.
A fading US dollar on the back of significantly weaker-than-expected Empire State manufacturing and NAHB indices, as well as US President Trump renewing his criticism on the Federal Reserve.