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28 Aug 2019

White House's Short: Optimistic about China deal

In an interview with Fox Business, White House Director of Legislative Affairs, Marc Short, said that he was optimistic about a trade deal with China and that there have been calls between officials on both sides.

These comments had little to no impact on market sentiment. As of writing, the 10-year US Treasury bond yield was down 2.4% on the day. Additionally, the S&P 500 Futures is losing 0.3%, suggesting that Wall Street's min indexes are likely to start the day in the negative territory.

Aug 28, 2019

GBP/USD trims a part of early slump, holds steady above 1.2200 handle

The GBP/USD pair has managed to recover around 50-60 pips from an early slump to weekly lows and now seems to have stabilized above the 1.2200 round f
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Aug 28, 2019

UK's Corbyn: Will attempt legislation next week to block PM Johnson's suspension plan

According to the Guardian newspaper, British opposition Labour Party leader Jeremy Corbyn asked to meet Queen Elizabeth to voice his concerns over Pri
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