MARKET INSIGHTS

Daily Commentary | USD continues to weaken on further dovish comments | 20/11/2018

The USD weakened against a number of its counterparts yesterday, as new dovish comments by Fed officials were made. Specifically, NY Fed President Williams stated that the Fed’s rate hikes will...

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Week Ahead | November 19th to 23rd | Brexit Saga, Fed officials and US-Sino trade relationships in focus  | 19/11/2018

In a rather quiet week ahead we could see the GBP continuing to be rocked by Brexit headlines as the EU summit draws near. At the other side of the Channel the Italian issue could continue to...

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Daily Commentary | USD drops on Fed official’s comments | 19/11/2018

The USD bulls may start losing steam, as the Fed’s officials made some worrying comments about global growth and trade wars. Comments made by Fed’s Richard Clarida indicated caution about a...

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Daily Commentary | Theresa May fights for her political survival  | 16/11/2018

The pound had a heavy drop against a number of currencies yesterday, as two senior ministers resigned, plunging the government into crisis. As a result, cable suffered one of its steepest drops in...

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Daily Commentary | Theresa May gets backing of Cabinet for Brexit deal | 15/11/2018

The pound strengthened yesterday and during today’s Asian session, as UK’s PM got the Cabinet’s approval for the Brexit deal negotiated. The deal is considered as allowing the UK to avoid the...

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Daily Commentary | UK-EU strike draft Brexit deal | 14/11/2018

The pound strengthened yesterday, as it was announced that a draft Brexit deal with the EU was reached. The deal is to be presented to the UK Cabinet on Wednesday in order to be signed off in...

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Daily Commentary | Rome-Brussels stand-off escalates  | 13/11/2018

The EU Commission could be escalating its confrontation with Italy regarding Italy’s budget deficit. Italy’s deadline to deliver a revised budget, after the first draft was rejected by the...

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Week Ahead | November 12th to 16th | Markets after the Midterms and the FOMC  | 12/11/2018

As the new week enters, Brexit tensions seem to be rocking the pound as the negotiations could be characterized as slow but focused on the objective of reaching a deal. On the other hand the...

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Daily Commentary | Dollar retains support from hawkish Fed | 12/11/2018

The USD was supported against its major counterparts by expectations of further monetary tightening by the Fed. The greenback also gained due to the interest rate differentials of the Fed with...

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Daily Commentary | Dollar firms on hawkish Fed | 09/11/2018

The Fed kept interest rates steady, as was widely expected yesterday at +2.25% and kept a hawkish tone in the accompanying statement. The bank confirmed its policy of monetary tightening and paved...

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