Home / Dashboard

Dashboard

Asian Markets Gain On US Shutodwn Deal, British Pound Hit By Brexit Talk

chinese lantern asian

Some of the Asian markets were closed during the holiday break at May 1st, though the others that were working rose. Chinese market was closed, but shares from Tokyo Electronics and Murata Manufactoring were liked by investors. They rose by about 0.6%. ASX was working as well and gained 0.4%. …

Read More »

Japanese Yen: Disappointing Data Add to Downside Pressure

japanese flag

The Japanese Jen is getting weaker than it was originally anticipated. It was on the decline during last week, and no signs point to positive changes. The Bank of Japan thinks the economy is improving and that the inflation is doing good, but conclusive data doesn’t reflect this. The core …

Read More »

British Pound Rises Despite GDP Miss

british pound

UK GDP saw a gain of 0.3% in the period between January and March this year, which missed the anticipated mark of 0.4%. Despite of this, the British Pound is still going strong. The data came from the Office for National Statistics. It’s worth noting that the GDP in Jan-March …

Read More »

Japanese Yen Steady as Bank of Japan Stands Pat, Ups Growth Call

japanese flag

The Japanese Yen is holding steadily against the US Dollar. Bank of Japan has stuck to the scrip and din’t change it’s monetary policy–they kept the short-term Policy Balance rate at -0.1%, while the Japanese government bond yields are still on their target at 0%. The overall goal is that …

Read More »

European Markets Relief Rally after First Round of French Election

eu

There is relief felt in the air in the European markets after Mr. Macron won the first round of the French presidential elections. The Euro has been rising in value, investors are now riding on hope that Mr. Macron will be the President of France in 13 days’ time, as …

Read More »

Euro Gaps Sharply Higher as Le Pen, Macron Advance in French Vote

france flag

Euro is seeing gains ahead of most likely Macron victory for the office of the next president of France, fighting Le Pen in the second round. He has gotten support from both Fillon and Hamon. The markets were nevrous ahead of the first round of elections. Four candidates were close …

Read More »

Get Ready for Gap Open in EUR-Crosses Thanks to French Election

eu

The first round of French elections are today, which means that traders will look to back the winning Forex trade. This year EUR/GBP and EUR/USD pairs have done a lot of movement already, with more to come for sure. Emmanuel Macron seems to be set to pair against Marine Le …

Read More »

Oil’s Near-6% Drop May Pave The Path For Improving Fundamentals

crude oil

Even though the charts are not showing it, crude oil has encouraging news from OPEC and the US Inventory Draw. The major oil producers have made an agreement to lessen the output from Saudi Arabia, as cited by their minister. The goal is to keep the stockpiles below the average …

Read More »