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UK

While everyone focuses on US Government shutdown, this country faces crisis

By Arkadiusz Sieron | January 23, 2018

The U.S. government partially closed at midnight on Friday. But the UK deals with a much more serious crisis. Potentially also for gold.

Crude: Down for Christmas

By Phil Flynn | December 12, 2017

The forties is down till Christmas, in the old North Sea, it will slow that oil flows into Scotland’s refineries. Christmas will find price hikes, all the way downstream. The forties is down until Christmas and the oil price will scream.

Bitcoin blasts through $10,000

By Craig Erlam | November 29, 2017

Investors shrug off North Korean threat; oil edges lower as oil producers meet to discuss extension; Bitcoin blasts through $10,000.

Sterling claws back losses, ADP in focus

By Lukman Otunuga | October 4, 2017

Sterling received a lifeline on Wednesday, after UK services unexpectedly accelerated in September, easing some concerns over the health of the economy.

Rising dollar, stocks exert pressure on gold...for now

By Fawad Razaqzada | October 2, 2017

The new week, month and quarter has started brightly for the U.S. dollar, with both the Brish pound/U.S. dollar (GBP/USD) currency pair and euro/U.S. dollar (EUR/USD) currency pair trading lower at the time of this writing.

OPEC meeting FOMC decision and UK-US GDP in focus

By Lukman Otunuga | July 24, 2017

A sense of caution seems to be the theme for the financial markets as trading gets underway for the week, with investors braced and preparing for an incredibly busy week packed with both crucial economic reports and major risk events.

Oil steadies but for how long?

By Craig Erlam | June 22, 2017

We’re seeing risk aversion in the markets once again on Thursday, with US futures currently slightly in the red, Gold adding to recent gains and the yen edging higher.

No big bets ahead of Trump-Xi meeting; oil, metal prices firm

By Vikram Subhedar, Reuters | April 5, 2017

Caution prevailed across major markets on Wednesday before a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping this week, although metals and oil prices firmed on a hope of better global demand.

Market volatility returns in full force

By Lukman Otunuga | February 17, 2017

Stock markets were explosively volatile this week, with most areas sprinting into record levels as the mixture of stabilizing oil prices and improving economic data across the globe boosted risk appetite.

Markets elevated by Trump’s tax talk

By Lukman Otunuga | February 10, 2017

The prospects of Trump’s pending corporate tax announcement aimed to positively impact U.S. growth may provide enough inspiration for bulls to propel Wall Street higher during today’s trading session.

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