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Markets A recovery is taking shape across the globe after a record $3T in market cap was wiped off the board in just two trading days and sterling fell to its lowest level in over 30 years. Hopes of a … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets After remaining mostly undecided since the market open, European shares are starting to feel the effects from Friday’s historic drubbing. According to Standard & Poor’s, $2.08T of stock market value were wiped out across the globe in the previous … Continue reading
Markets A wave of carnage is sweeping through the global markets after Britain voted to leave the EU in a historic referendum. Sterling is plunging, world equities and government bonds yields are tumbling, crude is deep in the red while … Continue reading
Markets The highly anticipated Brexit referendum is underway in Britain, where citizens across the country are casting their vote on whether to ‘Remain’ or ‘Leave’ the EU. Despite most polls suggesting the outcome is too close to call, equities are … Continue reading
Markets Enough with the surveys and polls, traders appear to be in “wait and see” mode as equities hold steady ahead of a closely watched Brexit vote. “Anyone that wants to call this referendum with confidence is extremely foolish,” said … Continue reading
Markets It’s been a busy June for Janet Yellen. Central bank watchers will hear from the Fed chief for the fourth time this month when she presents her semiannual testimony on monetary policy before Congress today and tomorrow. The FOMC … Continue reading
Markets World equities have their rally caps back on after weekend polls suggested Britain was more likely to vote to remain in the EU in Thursday’s referendum. Sterling is getting a massive boost on the news, with the pound up … Continue reading
Markets EU campaigning has been suspended in the U.K. following the murder of Labour MP Jo Cox, a strong advocate for voting to ‘stay’ in next week’s referendum. She was reportedly killed by Thomas Mair, who shouted “Britain first” before … Continue reading
Markets Monetary policy decisions, pressured oil prices and Brexit worries are weighing on world shares, as money continues to flow into safe-haven assets. The Bank of Japan and National Bank of Switzerland disclosed their monthly rate announcements overnight and the … Continue reading
Markets The Federal Reserve is expected to keep interest rates unchanged today amid concerns about a U.S. hiring slowdown and Britain’s possible exit from the EU. However, there will be a lot more for traders to scour than the standard … Continue reading