Posted on 12th Feb 2018

US equity sell off accelerated last week with it recording a sharp 10% decline spread across 2 weeks. The selloff was accelerated by worries about tightening by central banks worldwide that would bring to an end the availability of easy money.

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Posted on 5th Feb 2018

Last week ended with the dollar moving higher on Friday following the US jobs data indicating that hiring activity and wage growth were bullish in January, paving the way for swifter rate increase by the Fed this year.

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Posted on 29th Jan 2018

The week ended with the dollar declining against other major currencies on Friday which was its biggest fall since June in reaction to the remarks by U.S. Treasury Secretary Steven Mnuchin hailing a feebler dollar.

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Posted on 22nd Jan 2018

The week ended with a shutdown hitting US government as the senators failed to agree on the budget for the wall.

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Posted on 16th Jan 2018

Dollar has got off to a very bad start this New Year. Rate hikes that were expected has been done away with and a sloppy inflation outlook won't rush the Fed into raising rates soon.

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Posted on 18th Dec 2017

The week got off to a slow start as markets awaited the big 3 central banks.Fed kicked off things on Wednesday as Yellen raised rates as expected but sounded more dovish than expected.

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Posted on 11th Dec 2017

Brexit stole the headlines last week as it played out a "deal or no deal". During the first meeting on Monday between UK and EU nothing concrete happened dampening hopes of a deal that saw GBPUSD hitting a low of 1.3320 by Thursday.

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Posted on 4th Dec 2017

Trump’s previous security advisor Flynn submitted a guilty plea to Special counsel Mueller for lying to the FBI, Trump moved quickly to disown him and labelled him as part of ‘Obama’s old team’.

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Posted on 27th Nov 2017

Monday started off with the news that Merkel has lost support of her coalition partner FDP denting her chance to form the 4th consecutive government in Germany.

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Posted on 24th Nov 2017

Last week was packed with political events and economic releases from the big economies.

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