Markets

USD/TRY reaches new highs Best performer was CHF USD also strengthens against EUR, NZD and AUD The focus in forex markets on 14 August was mainly currency pairs such as USD/TRY, where the lira continued to be punished. In fact, the USD/TRY rate has broken above 7,000 for the...

USD index now stands at 95.451 Emerging market currencies main losers China suggests tariffs on $60bn of US imports The USD strengthened further on Monday, following a trend that has now lasted for two weeks. Investors are clearly betting that the ongoing trade conflict and a robust US economy...

This week should bring more strong earnings results Consumers most positive in 13 years Goldman Sachs expects some stocks to rise by up to 44% This week should bring more robust Q2 earnings results from various consumer firms. Retailers including Home Depot and Walmart will release their Q2 results...

US Fed announcement largely ignored US drastically increases tariffs on Chinese imports Asian markets subsequently report sharp losses The decision by the US Federal Reserve to keep rates unchanged has been ignored by forex markets to a large extent so far. What caused Asian markets to plunge sharply on Thursday...

USD weakens widely on Monday but strengthens against the JPY BOE could increase interest rates this week Fed not expected to announce rate increase A brief look at the major currency pairs in the forex market shows that the best performer was the CHF, while the JPY ended at...

New Goldman Sachs CEO wants more women on management committee Comcast drops out of race to acquire 21st Century Fox Two new indices announced for ether and bitcoin More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change. The company’s current president, David Solomon,...

Core German data could bring more direction to the market The nearest support level is at 1.1527 1635 is the closest resistance level The EUR remains in a rather vulnerable position right now. Yesterday, the EUR/USD traded in the region of 1.1550 in the run-up to the release of...

Options traders betting on another 9% drop in share price Total revenue could drop to $5.32bn Technical indicators pointing to more bad times ahead Since reaching a high in January, McDonald’s Corp.’s stock price has dropped by well over 10%. Options traders are putting their money on the share...

Stock markets around the world suffer losses Trump’s new tariffs on Chinese imports blamed Possible US withdrawal from NATO also contributed International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO. On Tuesday,...

Dow Jones higher, S&P 500 lower Energy stocks close lower after oil price drops Arconic share prices increase, J.B. Hunt closes lower The most important stock markets in the US delivered mixed results yesterday. The Dow Jones Industrial Average closed slightly higher with a gain of 44.95 points or...