Trader confidence is being pulled one way then the other, leading to largely static markets. However, trending assets can still be found, including US tech stocks and several commodities.
The Canadian dollar remains buoyed against the US dollar and the pair may get another shot in the arm from Wednesday’s Bank of Canada policy announcement.
The second week of December brings about significant event risk from around the globe, including two central bank rate decisions and a potential conclusion to the Brexit saga.
Boris Johnson and Ursula von der Leyen are to meet to try and thrash out a post-Brexit EU-UK trade deal but Sterling traders may be underestimating the chances that the…
The tech-heavy Nasdaq 100 index could be at risk of a short-term pullback as rising coronavirus case numbers weigh on market sentiment. However, fiscal aid talks may limit the index’s…
The US Dollar sank, with the Singapore Dollar and Indian Rupee rising. Emerging markets eye external risk as the first vaccine dose is circulated. With stocks at new highs, could…
Crude oil prices declined for a second day amid fears of a post-Thanksgiving viral resurgence which may dampen the demand outlook. Traders expect a 1-million-barrel draw from US crude inventories.