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Deutsche Bank sees slower pace of BOE rate cuts

Deutsche Bank sees slower pace of BOE rate cuts

Deutsche Bank no longer sees the Bank of England cutting rates in May and instead views June as the start of the cycle. That will be followed by further cuts in Sept and Dec.The three cuts this year is unchanged but they now see the BOE slowing to a quarterly pace in...

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US sells 20-year bonds 4.818% vs 4.843% WI

US sells 20-year bonds 4.818% vs 4.843% WI

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US stocks extend their declines

US stocks extend their declines

The major stock indices are extending their declines with the NASDAQ index down near 1%.NASDAQ index is below the 38.2% retracementLooking at the daily chart of the NASDAQ index, it is now below the 30.2% retracement of the move up from the January low to the January...

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European major indices rebound higher in trading today

European major indices rebound higher in trading today

A day after sharp declines of 1.4% or more, the major European indices have rebounded in trading today. A summary of the closing levels shows:German DAX, +0.12%France CAC, +0.62%UK FTSE 100, +0.35%Spain's Ibex, +1.05%Italy's FTSE MIB, +0.72%As UK/ European traders...

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US major stock indices giving up their gains

US major stock indices giving up their gains

The gains in the major US stock indices have been whittled away. The NASDAQ index is now in negative territory. The Dow Industrial Average S&P index are holding onto small gains.Dow Industrial Average is up 30 points or 0.08%S&P is up 6.5 points or 0.13%NASDAQ...

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Report of an earthquake in Japan’s Bungo region

Report of an earthquake in Japan’s Bungo region

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US stocks are opening modestly higher

US stocks are opening modestly higher

Major US stock indices are opening modestly higher. Geopolitical risks out of Israel are on hold at least for now. The economic calendar is void of releases today. Yields are lower and helping the sentiment a bit as well.A snapshot market four minutes into the opening...

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