With many central banks still operating accommodative monetary policies with ultra-low interest rates or quantitative easing activities, it could be argued that the global economy is still in a recovery phase from the last Global Financial Crisis. | | | |
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The Euro initially tried to rally during the day but turned around and fell rather hard towards the 1.15 level. | | | |
Bitcoin markets did very little again during the day on Wednesday as volatility is all but disappeared. | | | |
The US dollar exploded to the upside during trading on Wednesday, slicing through the ¥114 level in a surprise move later in the day. | | | |
The WTI Crude Oil market initially tried to pull back a bit during the trading session on Wednesday, but then shot straight through the air even though we had a very negative inventory number, as people continue to worry about the Iranian sanctions taking oil off-line. | | | |
The S&P 500 has rallied a bit during the trading session on Wednesday, reaching towards the highs again. | | | |
Gold prices fell $6.12 an ounce on Wednesday as the dollar rallied on the back of better-than-expected economic data. | | | |
Oil prices were lower during Thursday's Asian trading session after hitting four-year highs on Wednesday. | | | |
The British Pound moved away from a 3-week trough as FX traders await the Prime Minister's speech which could help revive sentiment for the beleaguered currency. | | | |
The European Commission is ultimately responsible for ensuring that member states abide by the agreements that the bloc has taken. | | | |
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