The Dollar gains as Gold rises following the Fed Statement
Gold prices saw a rise as the dollar gained against it rivals on Wednesday following the monetary policy update by the Federal Reserve. This was after the previous hike owing to improved GDP. Central bank issued a statement that interest...Learn More
Rising US GDP has a positive effect on the dollar
The United States Gross Domestic Product has surpassed earlier set expectations, and this has, in turn, led to the soaring of USD exchange rates and cosequently the value of the dollar. The rise in GDP has seen markets experience shock...Learn More
The week ahead;Events to watch this week
Fresh remarks from Federal Reserve Chair Janet Yellen will top the lineup for worldwide budgetary markets in the week ahead, as they search for additionally implies on the planning of the following rate climb. Speculators will likewise watch out for...Learn More
Crude Oil Prices Edge Higher as Extension of Production Limits expected
Oil prices rose again on Tuesday following a meeting led by the Organization of the Petroleum Exporting Countries (OPEC) where major oil producers, precisely from the Middle East, affirmed that their mutual output cuts deal was still in play. The...Learn More
Gold prices rise marginally-Hurricane Irma aftermath
For the first time in 3 sessions, gold prices traded on the green on Wednesday (13th September) but gains were slowed by continued buying of risk assets by investors. Gold prices also rebounded in Asia as tensions on the Korean...Learn More
U.S. Stocks Stagnates as Irma Wreaks Harvoc
Wednesday (6th September) saw an insignificant change in the US stock index futures. This is attributed to the high level of cautiousness by investors following a warning that an impending Category 5 Hurricane Irma, which has been described by NHC...Learn More
Asian shares sky rocket as oil dips
Thursday saw the sky rocketing of the Asian shares over Wall Street market giants with the anticipation of extension of the US debt ceiling to December 15. This comes after two democrats commented that President Trump, who seemed to have...Learn More
weekly market outlook (21st -25th Aug)
This week will be a busy one with dozens of economic events scheduled. As usual, we will highlight events which will inject a substantial level of volatility in respective markets. Monday Canada wholesale sales MoM Canada wholesale sales is a...Learn More
5 Notable market movers for the week: Market review
Positive investor sentiment on Bitcoin Bitcoin was in a roll this week, thanks to positive investors’ sentiment. The crypto recorded a series of record-breaking highs, just shy of $4,500 mark. However, a retracement in the latter part of the week...Learn More
The weekly outlook-What to expect(14th to 19th Aug)
To all binary options traders, this week will definitely be an exciting one to watch. The escalating tensions between United States and North Korea took a toll on global markets by the Friday close. With the standoff likely to continue...Learn More