Bank_rate decision

PMIs Printing Higher Global growth has been ticking higher over recent months with The speed of growth in global industrial production having more than doubled since early 2016 with the biggest increases seen in the advanced economies. Global manufacturing has registered its biggest expansion since 2014 with industrial production up 3.3% year o...

2017-08-03 James Harte Read more
Euro Dollar_Technical outlook

Despite the recent remarks by many of the Federal Reserve members last week, the US Dollar failed once again to sustain any gains across the board. This is also despite the fact that the Federal Reserve is planning to sell some of its assets later this year. Most of the members including the Federal Reserve Chair Janet Yellen are still looking ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Macron_Legislative elections_1306

After the big victory of the centrist candidate Emmanuel Macron against the riskiest far right candidate in Europe Marine Le Pen, Europe and France are facing new risks. The presidential election is behind us, and now the parliamentary elections are under way. The parliamentary elections in France began on June 11th and will end on the 18th of...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Greece_grexit_ECB_3105

It looks like we are going to have a hot summer ahead, as we are very close to some key events in Europe, including Greece, Italy, and the UK. However, the Greek Drama is back on the table once again, and it's likely to overshadow the rest of the political and economic happenings in all over Europe. The old headline is back to the front pages ...

2017-07-26 Nour Eldeen Al-Hammoury Read more
ECB_Draghi

The European Central Bank today decided to keep the current policy unchanged including the three main rates. The ECB Refinancing Rate at record low 0.0% and the deposit rate at -0.4%. However, the statement showed some dovish remarks, which should not be a surprise, especially that the 2nd round of the French election is around the corner. The...

2017-04-27 Nour Eldeen Al-Hammoury Read more
FE_Le Pen_CAC 40_2003

After the end of the Dutch elections last week, fears has eased in Europe, as Netherlands rejected the far-Right party. The far right party leader Geert Wilders has pledged to take the Netherlands out of the EU. However, the far-right party came in second in this election, as they got almost 20% of the votes, while the People’s Party managed to...

2017-03-20 Nour Eldeen Al-Hammoury Read more
manufacturing PMI

USD Index Review Yesterday, despite the fact that the US economic releases came in with mixed outcomes, but mostly negative, the US Dollar was gaining momentum, trading near the session high around 100.40. However, Donald Trump decided to pressure the US Dollar again, saying “other countries take advantage by devaluation. So much for the strong...

2017-02-01 Nour Eldeen Al-Hammoury Read more
Eurozone

In 2016, the currency markets had its fair share of geo-political event risks. The Brexit referendum in June, the U.S. Presidential elections in November and the Italian referendum on constitutional reforms are but a mere beginning into what could be a major event risk for the euro in 2017. While the Italian referendum failed to surprise the ...

2017-07-26 John Benjamin Read more
Riksbank

"Inflation is rising, and the Swedish economy is developing strongly," the Riksbank monetary policy statement said as the central bank held interest rate unchanged at -0.50% for the seventh consecutive month. The central bank's policy decision was in line with most economists who expected no change to interest rates at today's meeting. [cap...

2016-09-07 John Benjamin Read more