UK Articles

Essential Insights Asian equities started the week higher amid vaccine hopes along side its US equity counterparts The WHO reported a record single day increase in global covid-19 cases at 308,000 cases An important day in UK parliament as the Internal Market Bill is debated Japan’s Shinzo Abe replacement has…

Boris Johnson has threatened to walk away from the EU at the end of the this year without a new trade deal in place, potentially disregarding the Brexit divorce agreement he signed a year ago.

  GBP/CAD found solid support at 1.71320 from June’s old resistance. GBP/CAD Short term trade has superior reward to risk ratio if optimal entry is obtained. Caution: We are below the 200 and 50 EMA which will present price resistance once tested and this is a counter trend trade meaning…

The DXY staged a slight rebound through the US trading session earlier today and is up +0.16% so far into the Asian trading session. EUR/USD touches 1.2 but fails to hold. UK prepared to walk away from trade deal talks with the EU.

Dollar Index fails to hold to earlier gains from European morning session, falling sharply from 92.48 to 92.20. European and US equity bourses climb , with Japanese equities outperforming Asian peers. Though covid-19 cases are dropping in developed countries, they remain high in developing countries - the battle is far from over. Tax hike rumours in the UK?

Asian stocks started the week higher as the US earnings season is about to start and expectations of improving Chinese data.