The most significant events yesterday took place in the British Parliament. The pound in general escaped with slight shock. What pound might be afraid of? First of all, that parliamentarians rejected an amendment about the postponement of Brexit terms. The main outcome of yesterday’s events in the Parliament became an understanding that there is a limited number...
Monday was relatively calm in the financial markets. Which is understandable, traders keep strength, since already today the real slaughter, at least in some assets. Today, for instance, we’ll get another portion of news from British Parliament. The vote promises to be more than unpredictable. There are a lot of alternatives on the agenda, one is better another:...
Last week was marked, as already familiar, by a shutdown in the USA (eventually talks about possible credit downgrade in the US have appeared), as well news from Brexit fields (markets believed in a problem solution out of context “exit without a deal”). As for the dollar’s sell-offs om Friday, it connects at first with shutdown (it’s already reached the point...
Yesterday was definitely not the best day for the euro, and this is not about the outcomes of the ECB meeting. In this regard, everything was expectable and predictable, albeit Dragis’ statements were quite dovish. The main issue of the Eurozone recently is extremely weak macroeconomic statics. Yesterday another portion of data was published, which showed that...
Let's start with the formally most significant event of yesterday's day - the announcement of the outcomes of the Bank of Japan meeting. Technically because by and large, this Central Bank has not given occasions for explosions of volatility and the occurrence of panic waves for a long time. So this time, the parameters of the monetary policy remained unchanged,...
Yesterday was typical for the financial markets day. Usual mean that core informational trends were unchanged. The thirty-second day of a shutdown passed in the USA. At the end of the week, 800,000 servants again will not get paid. The saddest part is the lack of progress in the negotiation process. Trump's “final and best” offer was rejected by Democrats. In...
Since yesterday was a day-off in the USA, news background, in general, was boring. Among significant, it’s worth noting an absence of progress in negotiations process between the US and China, what is amid another economic failure of China (referred to GDP for the fourth quarter, which growth rate became the lowest since 2009) depressed markets. The IMF decided...
Last week has been dominated by the Brexit, but despite on wealth of news and developments, there was no progress. Basically, all the same, and still where we are. Sentiments are changing in the markets. If the vast majority of participants in the foreign exchange market were inclined to bury the pound before the vote in Parliament and considered that the “harsh”...
Yesterday became a first not revolutionary day for Great Britain and Brexit. Based on the pound’s dynamics, the markets finally got our long-standing idea, which we’ve been voicing since September - the harsh Brexit is not the option, and they have to agree. Actually, yesterday Theresa May was trying to dealing with it. She started with her British opponents in...
Before we talk about the highlight event of Wednesday and what should we waiting for today, let’s briefly go through another yesterday’s news. The house sales in the US in December decreased by 11%, which is another alarming signal for the US economy. Meanwhile, the shutdown problem has not been resolved and continues to set new negative scores. It has gone as...
Since today the UK Parliament has to issue its verdict due to the text of the Brexit deal between EU and Great Britain, the highlight attention in our review we will devote precisely to this issue, because there is a ghost of another flash crash in the air or at least the market’s overreaction in pound’s pairs. But first, let's briefly go through other aspects...
The ongoing week promises to be highly rich and interesting in the pound’s pairs, besides the markets will be waiting for a solution of the US shutdown issue as well as the outcome of negotiations between the USA and China. But let’s refresh in our memories what interesting happened last week before we begin to talk about the ongoing events. Firstly,...
Yesterday in the foreign exchange market was even more boring than Wednesday. Trump continues to make smoke come out of both Democrats and Republicans ears. When because of one’s man caprices 800 000 of public officials will not receive their salaries, it will not make happy the lawmakers, who have to represent the interests of the electorate. We continue to...
Yesterday in the foreign exchange market hasn't been marked by any significant events or surprises. The USA continues to negotiate with China and show some optimism over the outcome of trading talks. In the US the shut-down and tough negotiations between the Democrats and Republicans are going. So, we observe the maintenance of some status-quo, generated at the...
Perhaps the main event of yesterday was the information that the terms of Brexit can be postponed. According to The Telegraph, which in turn refers to 3 different sources in the EU, the UK and the EU are discussing the possibility of postponing the enforcement of Article 50 from March 29 to a later date since they are afraid of that they will not be able to reach...
Yesterday regarding the news background was restful enough, and today the agenda is not worth something absolutely extraordinary as well. Although it is worth paying attention to the data on the US trade balance. Eventually, the persistent trade gap is one of the most problematic areas of the US economy in general and the dollar in particular. So the markets may...
Let’s begin our review with last week events. The main one without doubts was flash crash in Japanese yen pairs. Although everything is back on track so far, we continue to consider, in current uncertainty state, purchases of Japanese yen is a quite well trading idea. Completed a very busy week data on the US labor market. NFP figures frankly surprised: +312K...
Yesterday will surely go down in history. Although flash crashes occur more often recently, the yen growth against the dollar for 350 points within minutes and almost 10% against the Australian dollar and Turkish lira - it’s an extraordinary event. Yesterday we even dedicated separate review and generally described reasons, as well as consequences. Actually,...