Market News

This week will see some key activity, with central bank input due for both the U.S. and Canadian Dollars, as well as important data releases primarily concerning the U.K. and U.S.A.

With global growth worries still putting a damper on market sentiment, the Japanese Yen has only just retreated after earlier moving higher against the US Dollar.

The Japanese Yen has reversed track after a wild ride which had earlier sent it broadly higher during London trade on Thursday.

Apple shares plummeted nearly 8 percent in late trading on Wednesday after the company cut its outlook, and as a direct result, other tech shares sank, setting of another wave of concern among investors.

The new year hasn't provided any relief from worry for Sterling traders who sent the Pound lower, easily reversing some of the recent gains.

Asian trading on the first day of 2019 reflected just how skittish traders are about the state of the current global economy.

All three major stock indexes on Wall Street ended higher on Monday, eking out gains in what still became Wall Street’s worst year since 2018.

In the higher risk asset space, the Aussie Dollar edged higher against the greenback on growing hopes that there will be some progress in the trade discussions between the US and China.

It’s no secret that China’s economy has struggled in 2018, but the extent of the damage is coming more fully to light as the year rolls to a close.

This week will see more activity than last week, with quite a lot of important data due at the end of the week as the holiday period for much of the world’s major markets ends.

The Japanese Yen edged higher in Asian trade on Friday as renewed trade tensions between the United States and China revived fears of a global growth slowdown.

The Pound Sterling is still struggling to hold ground above the recently struck 3-day trough as FX traders wait for any news on the latest developments in the Brexit.

The Dow Jones Industrial Average posted its largest one-day gain in history on Wednesday.

With most major markets around the world closed for Boxing Day, only the US market is the exception and should be open in a few hours time.

Markets attempted to recover from the pre-Christmas declines seen on Monday, though thin post-holiday trading did little to aid in the recovery.