usa elections mid november

With just two months to go, the upcoming US mid-term elections on November 6th are beginning to take more of a central focus for the market. While the Presidency is not on the ballot this time around, just congressional seats, it is the balance of power in US Congress that is in focus as all 435 seats in the House of Representatives and 35 of th...

2018-09-03 James Harte Read more

US equity markets soared to fresh record highs this week, shrugging off ongoing concerns over the trade dispute between the US and China, as news of a new trade deal between the US and Mexico took center stage.  Coming on the back of talks aimed at renegotiating the long-standing NAFTA deal, President Trump announced a “really good” deal h...

2018-08-28 James Harte Read more
forex commodities gold

Gold The yellow metal fell to a fresh nineteen month low this week before posting a mild recovery later in the week as the US Dollar conceded some of its recent gains. The pullback in USD is attributed to news of talks between the US and China over their ongoing trade conflict. It has been announced that a delegation from China, led by Wang Sho...

2018-08-17 James Harte Read more
forex gold

Gold The yellow metal was lower once again this week, printing its fifth consecutive losing week, as the US Dollar climbed higher on global geopolitical tensions. With the Fed having reaffirmed its commitment to continuing its tightening program this year, and data continuing to print firmly, USD has been enjoying a renewed rally over recent we...

2018-08-10 James Harte Read more

Growth “Strong” As expected, following the last .25% rate rise in June, the Fed kept policy unchanged at its August meeting with a statement that was mostly unchanged from last time. However, the statement did contain a few subtle but important changes which reinforced the Fed’s hawkish shift. The key change was where the Fed noted that economi...

2018-08-02 James Harte Read more
forex equities

The political rollercoaster of Donald Trump’s presidency took another wild turn this week as a high-level Washington meeting between Trump and Jean-Claude Juncker, the president of the European Commission saw the pair announcing that they would now work together to resolve differences over trade. This comes just shy of two weeks after Trump labe...

2018-08-03 James Harte Read more
trade war

The global concern for a trade war continues to build as the rhetoric between the US and China has intensified over the last week. Chinese state media has criticised the moves by the White House, labelling the Trump administration “selfish”, “rude” and “mundane”. An editorial in the state owned Global Times said on Sunday “the unpredictabilit...

2018-06-19 James Harte Read more
forex markets

Since its inception in 2006, Twitter has revolutionised the way people interact with one another. It is amazing to see how a micro-blog of only 140 characters can stir not just people but the global financial markets. Twitter is now increasingly used in forex trading to get instant access to market information, expert opinions and trading tips. ...

2018-06-15 Orbex Read more
Trump Trade War

Five Fronts in the Trade War The Donald Trump Trade War began as the president signed a proclamation to place tariffs on steel and aluminum on Thursday in the first concrete step in his quest to reduce the bulging US trade deficit. The resulting steps as well as fallout will be a driving force for markets in the weeks/months ahead. Major d...

2018-03-23 Ashraf Laidi Read more
Trump’s Latest Gift

Trump finally did it. Yesterday’s announcement of 25% tariffs on imported steel and 10% tariffs on imported aluminum is an outright trade war. Regardless of whether protectionism has been the cornerstone of Trump’s campaign promises, once it is announced markets react. As Trump was backing protectionism in Thursday’s press conference, Fed Cha...

2018-03-23 Ashraf Laidi Read more