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
Markets The rally for sovereign debt has passed an important milestone, with the yield on Germany’s benchmark 10-year bonds hitting zero for the first time and briefly entering negative territory. The strong demand is standing out in cautious trade ahead … Continue reading
Markets Equities across the globe are drifting into the red ahead of a data heavy week in the U.S. that will include retail sales, inflation and other economic figures. Reasons for the declines: Brexit woes, weak Chinese investment growth, fresh … Continue reading
Markets Oil prices have retreated to below $50 a barrel as a stronger dollar pulls crude off the 2016 highs hit this week despite a major attack by the Niger Delta Avengers. Militants blew up an Eni (NYSE:E) pipeline in … Continue reading
Markets Markets in Asia got off to a downbeat start despite a solid session stateside which saw the Dow close above 18,000. Consumer inflation in China eased for the first time in eight months, rising an annual 2% in May, … Continue reading