Rate differentials, global growth concerns and G7 Central Banks ‘extra’ dovish rhetoric this week has provided the U.S dollar ample support to be trading at six-month highs across the board. Even the petro-currencies are having trouble gaining traction despite the elevated crude oil prices. Brent, in particular, has been receiving support from a halt of

Share to facebook Share to twitter Share to linkedin Getty Getty To become a “Dividend Aristocrat,” a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore,

   •  The precious metal continued gaining positive traction for the second consecutive session on Thursday and spiked to over one-week highs, beyond $1280 level in the last hour.    •  A modest intraday USD pull-back from near two year tops turned out to be one of the key factors underpinning the dollar-denominated commodity and

Brent crude – Where does the rally end? Dollar extends rally as Europe exudes weakness European update – Markets unmoved by earnings Dovish Central Banks Support the U.S dollar USD/JPY – Japanese yen jumpy BoJ announces freeze on rates DAX gains ground despite soft German business confidence Gold – USD gains a concern? (video) EUR/USD

Brace yourselves for another week of sluggish pound trading House of Commons leader, Andrea Leadsom, is out clarifying the business statement for next week and she confirms that there will not be any Brexit items on the agenda. Hence, we’re going to be stuck again with a lack of Brexit headlines to really drive direction

   •  The pair has been trending lower along a short-term descending trend-channel over the past 1-1/2 week or so and now seems to have found acceptance below 1.2900 handle (trend-channel support)    •  Given the recent bearish break through the very important 200-day SMA and descending triangle support, the set-up now points to an

The DAX index has dipped lower on Thursday. Currently, the DAX is at 12,282, down 0.23% on the day. There are no German or eurozone events on the schedule. On Friday, the U.S. releases the initial reading for first-quarter GDP, with an estimate of 2.2%. Recent German numbers have been lukewarm, as the eurozone’s largest

Daily thread to exchange ideas and to share your thoughts Happy Thursday, everyone! Hope you’re all doing well as we get things going here on the session. Things are rather quiet so far with major currencies still in a relatively narrow range against the dollar and is less than 0.03% changed against the greenback on the day

Military vehicle European Commission Last Thursday 18, the European Parliament approved by 328 votes in favor, 231 against, and 19 abstentions, the partial deal with EU ministers on the EU Defence Fund for 2021-2017. The aim is to promote collaborative defense research and technology investment through coordinated projects between the Member States. This vote brings

Analysts at TD Securities are expecting the Bank Indonesia to maintain its 7-day reverse repo rate at 6.00% in its policy meeting today. Key Quotes “Low and declining inflation, a firmer IDR and some stabilization of external conditions, point to a more confident outlook for Bank Indonesia, paving the way for a rate cut, likely at

BOJ keeps rates, asset purchases unchanged The Bank of Japan kept its benchmark rate unchanged at -0.1% and the JGB yield target at zero percent, as expected. It also left asset purchases at annual pace unchanged at 80 trillion yen, J-REIT purchases at 90 billion yen and ETF purchases at 6 trillion yen. In the