The Greenback Opens the Week On The Front Foot

The EURUSD currency pair has pared some gains from last week as the Greenback attempts to take the front foot in the new week. The investment community will try to…

Comentarios desactivados en The Greenback Opens the Week On The Front Foot

Euro Gains Ground As Risk Assets Buyers Emerge

Risk assets gained favor in Thursday trading following rescue efforts by the Swiss National Bank and large U.S. Banks, which committed $54B and $30B, respectively, to shore up liquidity in…

Comentarios desactivados en Euro Gains Ground As Risk Assets Buyers Emerge

Risk Appetite Restored as Market Storm Subsides

The Greenback gave up some of its gains in late Wednesday trading as markets calmed following lifelines extended to the banks showing cracks. Credit Suisse and First Republic Bank shares…

Comentarios desactivados en Risk Appetite Restored as Market Storm Subsides

BMW Shies Away From Seven-Year Highs

BMW’s share price rally stopped short of 2015 highs as the company missed quarterly earnings by 10.18%.   Following in Volkswagen’s footsteps, BMW has committed to accelerating its development in the…

Comentarios desactivados en BMW Shies Away From Seven-Year Highs

S&P500 Futures Subdued by Banking Sector Panic

The aftermath of the banking sector crisis has not entirely subsided as the S&P500 futures (CME: ES) continue to trade below pre-crisis levels, and waves of selling are met with…

Comentarios desactivados en S&P500 Futures Subdued by Banking Sector Panic

EURGBP Commences Recovery Ahead of Key Interest Rate Decision

The Euro lost ground against the pound in Wednesday’s trading as contagion from the U.S. Banking sector crisis filtered through into Europe, with the second biggest bank in Switzerland, Credit…

Comentarios desactivados en EURGBP Commences Recovery Ahead of Key Interest Rate Decision

WTI Crude Oil Leaves 2022 Lows In the Dust

WTI Crude Oil Futures (NYMEX: CL) shed 11.45% week-to-date to trade at 15-Month lows in Wednesday’s session. Market sentiment has been in panic following the second and third biggest U.S.…

Comentarios desactivados en WTI Crude Oil Leaves 2022 Lows In the Dust