Following up on Friday, Weak Data + Rising tensions in the Middle East + Korean Peninsula + Turkey + French Elections = Sell. Bears Won. So Monday, Indices were under pressure but vulnerable and advanced. London Session was on Easter Holiday but Tokyo Session traded with mixed sentiments earlier. By the Wall Street Session, the…
China warned that a war on the Korean Peninsula would have devastating consequences after the US threatened military retaliation against North Korea if it proceeds with a nuclear test this weekend. That’s how we ended last week. The Yen steamrolled last week featuring 7 pairs in the top forex movers of the week. The Dollar took…
The Wall Street Journal reports that EY Item Club; an Economic Advisory business which provides knowledge, analysis and insight to help businesses understand the economic environments in which they operate, has stated that a lower Pound and “timely revival” in overseas markets will help to “smooth the impact of Brexit.” Japan’s NHK also reported today that…
