Markets Pause Ahead of Weekend as Traders Await Next US-Iran Move
Financial markets settled into a cautious holding mood today, with investors reluctant to extend positions ahead of a potentially pivotal weekend in the Middle...
Brent Holds Below $90 as Markets Wait for the Next Escalation Trigger. Is $100 Next?
Brent crude has delivered an interesting message this week. Prices briefly climbed to USD 87.55 as fighting between the United States and Iran intensified,...
EUR/GBP and GBP/CHF Channel Breakouts as Burnham’s Cabinet Choice Signals Fiscal Discipline
Sterling extended its rally after reports that incoming Prime Minister Andy Burnham has decided on a fiscally conservative Chancellor. The Pound outperformed broadly, with...
Soft US Inflation Gives Fed Time While Oil Surge Puts ECB Back Under Pressure
The Federal Reserve has been handed valuable breathing room by two consecutive downside inflation surprises, but the same cannot be said for other major...
