The European Central Bank (ECB) announced new easing measures regarding collateral. According to the statement, “ECB adopts an unprecedented set of co
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Swiss Exchange and Nasdaq Float More Microwave Masts in Europe
The joint-venture allows investors to gain a competitive advantage and cut a few milliseconds off of their execution times
US Dollar Drops with FX Volatility on Coronavirus Optimism
The US Dollar is giving back gains alongside a pullback in FX volatility. The move looks driven by the resurgence of risk appetite as coronavirus fears fade, but have markets turned complacent?
CAC 40 Forecast: Index Continues Consolidation Beneath Resistance
The CAC 40 suffered yet another pull back from resistance as bulls failed to break the barrier around 4,500. Still, bullish appetite should persist in the weeks ahead.
Trump says US currency has remained very strong
Trump comments on the currency This is really a throwaway comment but it's notable that Trump is watching the currency. There are plenty of people who are worried about intervention to weaken the dollar. The risks were much higher three weeks ago but even now the dollar will be a headwind to a US recovery.
US February consumer credit outstanding +$22.33B vs +$14.0B expected
February consumer credit data from the Fed No doubt there are plenty of people out there regretting running up the credit card in February. The jump in non-revolving credit may also show that auto promotions had an impact. Either that or it was all the WSB kids taking out student loans to buy calls in […]
WTI crude slammed late in the day, falls 9%
Oil hammered WTI crude settled down more than 9% on the day and all the selling came late. It was up for most of the day and traded as high as $27.24 but broke down late to finish off $2.24 to $23.80.
Boris Johnson update: Remains in ICU, condition is stable
Update from Sky News' Beth Rigby From Rigby: Update on PM. "His condition is stable and he remains in intensive care for close monitoring. He is in good spirits" In the case of the PM, no news is still news.
Oil sinks to the lows of the day
WTI quickly down 2% WTI broke through support just below $26 and it's come under some heavy selling pressure. We're about an hour away from settlement and that's going to be a time to watch for some extra volatility.