Oil markets gave up the gains they made due to the increasing optimism caused by the signing of phase 1 of the trade deal between the United States and China, which would put an end to the long trade feud that destabilized the global markets last year. However, the recent […]
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Pound Steadies as BoE Looms – 27 January 2020
The Pound Sterling steadied against its major rivals during the London trading session though FX traders are wary of this week’s policy decision from the Bank of England. The latest polls are suggesting that analysts and economists are unsure of the likely outcome of the vote to adjust the interest […]
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Markets Continue to Decline on Coronavirus Contagion – 27 January 2020
Global markets headed broadly lower on Monday, following a decline started last week that was compounded when new cases of the deadly coronavirus were discovered across the globe and the death toll climbed to 80. The World Health Organization (WHO) hasn’t yet declared the virus a global health emergency, but […]