Daily Market Review

Daily Market Review July 19

Dominating the markets exclusively this week is the earnings season, which helped to push the S&P 500 to record high yesterday. The S&P 500 and the Dow Industrials highs were a result of a better than expected earnings for Bank of America. The Dow Jones upped by 0.09 percent while the S&P 500 .SPX advanced […]

Daily Market Review July 15

Mark Carney, the governor of the Bank of England gets ready to deliver his speech today at 12:00 GMT after yesterday’s interest rate decision. Most policymakers decided to keep the rates unchanged, while only one policymaker voted for a cut in rates, following which, the GBP soar to new highs against the USD. Mark Carney […]

Daily Market Review

Crude futures fall again as International Energy Agency warns of an expansion in global supply glut. Demand for crude is getting highly affected while crude oil inventories data delivered yesterday displayed a fall of 2.5 million barrels incurred last week. Demand is slowing while crude oversupply is taking the market by storm again. On this […]

Daily Market Review July 13

Things to watch on the market today are the Eurozone Industrial Production data at 09:00 GMT, followed by the U.S. crude oil inventories at 14:30 GMT. Traders may have a noticed a bullish momentum for the U.S. dollar, which has caused a nice rally between the USD and the JPY. As the Japanese Yen is […]

Daily Market Review July 12

Time to keep an eye by the side of Britain today with the speech of the governor of the Bank of England, Mark Carney expected at 09:00 GMT. Mark Carney may step ahead to warn on further risks that Britain may face due to UK’s exit from the EU. However, the GBPUSD pair was last […]