General World News

Markets await the NFP release

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After yesterday’s late-day surge in equities failed to produce a positive close, risk appetite is having a déjà vu moment with high-yielding asset classes under pressure ahead of the opening bell in North America. The Reserve Bank of Australia met overnight, and as expected decided to maintain its overnight lending rate at 2.0%, along with […]

General World News

GBP/USD bounces back on draft EU deal

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Intense negotiations over the weekend have resulted in some kind of draft agreement between the European Union and the UK. While the agreement is vague on various matters, actually getting to a draft agreement and a few wins there for UK PM Cameron have some influence. GBP/USD is rebounding from the lows seen after the […]