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Market Recap – Earnings Season

The phase 1 trade deal between USA and China has been signed yesterday, in the White House. Market participants have not followed the selling the fact scenario. The phase 1 deal does not refer to the Chinese significant subsidies that violate WTO rules. It includes the Chinese concession to make purchases of about $200bn over […]

Fitch Downgrades Bank of England to ‘AA+ …

 Good Morning,   – The euro was steady around 1.3050 level, remaining well off a two and a half week low of $1.2954 hit yesterday. – Asian shares: Japan’s Nikkei +0.60%, Hong Kong’s Hang Seng +0.86%(07:00 GMT), Korea’s Kospi +0.84%, Australia’s ASX 200 close and China’s Shanghai  -0.77%. – Germany’s Schaeuble says Europe needs sustainable […]

Australia’s central bank kept its benchmark interest rate unchanged…

Good Morning,    – US dollar eased on Tuesday, with investors growing cautious ahead of new indicators that could flag slowing U.S. economic momentum. – Asian shares: Japan’s Nikkei -1.08%, Hong Kong’s Hang Seng +0.34%(07:25 GMT), Korea’s Kospi -0.49%, Australia’s ASX 200 +0.31% and China’s Shanghai  -0.30%. – Cypriot government officials will seek easier bailout […]