An unexpected piece of legal advice has helped to boost the Pound Sterling in London trading. | | | |
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Most economic analysts think that a trade war is universally harmful, although the US President (not a renowned economic analyst) would beg to differ. | | | |
The Euro had a back and forth type of trading session on Monday as traders came back from the weekend. | | | |
Bitcoin markets broke down again during the day on Monday after trying to rally over the weekend. | | | |
The WTI Crude Oil markets gapped higher to kick off the week on Monday as there's been a bit of a "risk on rally" around the world after the United States and China decided to call a bit of a cease-fire in the trade war. | | | |
During the weekend, the Americans and the Chinese have come to an agreement to put a 90 day moratorium on fresh new tariffs, which of course is exactly what the market was hoping. | | | |
The US dollar gapped higher during early trading on Monday, came back to fill the gap, and then rally again. | | | |
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Gold prices rose $7.25 an ounce on Monday as a weaker dollar lent support to the market and some investors recalibrated their views on U.S. interest rates. | | | |
Oil prices extended their rally on Tuesday after a day of big gains on Monday as traders remained optimistic that OPEC will announce fresh production cuts after its meeting in Vienna later this week. | | | |
The Euro edged higher after the release of a slew of PMI reports which predominantly showed better than expected outcomes in November for the Euro area's manufacturing sector. | | | |
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