Markets Are in Decline

The British pound continues to fall.

Economic News
13 lis 2017
Markets Are in Decline

After the announcement by the US Senate on the introduction of a tax reform in 2019, the stock markets have reacted in a slight decrease and stopped the 8-week dollar rally. Donald Trump has decided to extend his working visit to take part in the beginning of the East Asia Summit, which he called "the most important day" of his trip. President Trump also met today with the President of the Philippines Rodrigo Duterte who called the US president to establish contacts with the North Korean leader Kim Jong-un.

Furthermore, the British pound began to weaken on the background of political events, and at the moment the GBP/USD pair is trading below 1.3100. In addition, Brexit negotiations, which in fact have reached a dead end, still do not allow the British currency to strengthen. There is also an opinion that dismissing Theresa May might cancel the results of Brexit and the UK will be able to stay in the European Union.

SuperForex
Tour Trump Continued

Economic News

Tour Trump Continued

Tax reform will be adopted later.

SuperForex
10 lis 2017
Stocks Soar to New Highs

Economic News

Stocks Soar to New Highs

As equities go up, analysts argue that we can expect a boost in commodities as well.

SuperForex
09 lis 2017
US Stock Indices at Updated Highs

Economic News

US Stock Indices at Updated Highs

SuperForex
09 lis 2017