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The Technology Sector is Plunging Again – commentary from Capital.com

A previous comment of capital.com might have inspired Tesla founder Elon Musk to post the joke about bankruptcy.  However the joke did not help...

Powell to Testify this Week

U.S. Inflation to remain Prime driver. Jerome Powell the new Chairman of the Federal Reserve will make his first testimony to congress this week. He...

State of the Union Brings nothing new

Trump relies on rhetoric to showcase his achievements President Trump delivered his first State of the Union Speech last evening. It is traditional that the...

Confusion reigns as Mnuchin Backtracks

Dollar policy set to dominate as Trump gets tough on trade The U.S. continues to have a strong dollar policy unless you are talking about...

Macron’s Words hold Hidden Meaning for Sterling.

EU set to be tough on Financial Services. French President Emmanuel Macron struck a conciliatory tone in comments made yesterday saying that he saw no...

GBP: PMI Services Fall to the Lowest Level in 11 Months. GBP Reaction

The UK Purchasing Managers Index (PMI), prepared by CIPS and Markit Economics, fell to 53.2 from 53.8. Analysts expected a reading of 53.5. Low...

Payrolls are Much Better than Forecasts. How Does the Dollar React?

Today at 12:30 GMT, as on every first Friday of the month we got to know the latest data on the US labor market....

Week 10-16/07/2017 – Key Events

On Wednesday Fed Chair Yellen will testify in front of the House Financial Services Committee at 10 AM ET/14:00 GMT. The prepared text by Yellen will...

GBP/USD Tests 1.2900 After Weak PMI Data

The drop in PMI services for June was not related to the Eurozone alone. According to the data released after 10:30 am, the UK...

Europe’s Unemployment Lowest Since 2009. EUR down?

After very good data of EU industrial PMI, Eurostat shortly after 11:00 published results of May Labor Market Report. Unemployment in euro area remained...

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