Daily Articles About GBPUSD
S&P500 Within 1% of Record High!
Good Morning. The benchmark US stock index is unbelievably back to within 1% of new record highs after US President Trump signed executive orders to extend stimulus. Today there is UK unemployment stats and earnings from Softbank.
Another NFP Record & GBP/USD
Friday’s economic focus will be service sector PMIs from across the globe starting with China. The mood is mixed across markets with US stocks finishing the week higher, while havens like the dollar and US Treasuries gained after a record NFP report.
GBP/USD jumps through 1.30 as Brexit deadline extended
There was relief for Sterling-buyers after the UK shelved the idea of walking away from Brexit talks at the EU Summit tomorrow. Stock markets stuttered again as bank earnings disappointed and hopes of pre-election US stimulus faded further.
Pound highest in 3 years
Sterling reached a 3-year high. The slump in tech stocks carried shares of Tesla heavily lower. Wall Street finished mixed, gold was flat above $1800 and the dollar gave up early gains after testimony from Fed Chair Powell.
S&P 500 drops 2%, ends off low
Stock markets rebounded from heavy early losses to finish the day mixed amid uncertainty over a new strain of the coronavirus in the UK as well as a volatile first day for Tesla in the S&P 500.
Dollar has Worst Month in a Decade
Good Morning. The US dollar just had its worth month in over 10 years. Now it’s the start of August, a month when traders go on holiday and markets can get choppy. Looking ahead there are PMIs, Swiss CPI and earnings from HSBC.
