Theresa May’s future is in doubt as her gamble to strengthen her hand looks to have backfired with projections for a hung parliament. GBP fell around 200 pips on the release of the exit poll, while the latest forecasts from…
Middle east tensions see crude prices jump over 1% as several nations cut ties with Qatar. Subdued trade in Asia following Saturday’s terrorist attack in London. Looking ahead, highlights include UK Services PMI, US ISM Non-Manufacturing PMI and Factory Orders….
Asian equities benefited from the increased risk-appetite after all three major US indices posted record highs following strong data FX price action centered around JPY, with USD/JPY and JPY-crosses lifted as the heightened risk appetite spurred outflows from the safe-haven currency Looking…
EUR saw pressure overnight amid reports Greece could opt out of their next payment if creditors fail to agree on debt relief Asian equities were relatively subdued overnight due to holiday-thinned trading conditions Looking ahead, highlights include German regional &…
Asian equities saw an indecisive session amid holiday-thinned conditions while North Korea conducted another missile test FX markets were also relatively rangebound with the USD-index holding onto Friday’s gains Looking ahead, highlights include ECB’s Draghi. UK and US markets closed….
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