To recover confidence in Sterling and UK gilts, markets will need increased policy clarity. Political uncertainty will remain a key negative factor for UK asset prices, especially as there is little prospect of an early resolution to the Brexit negotiating stance. There is, however, the potential for greater fiscal ... read more
posted a small gain this past week as volatility continued to slow for a second consecutive week following the flash crash earlier this month. The exchanged rate remained in a narrowing range for the bulk of the week with a bearish break at the end of the week. While the pair has shown some signs of a continuatio ... read more
steadied Friday and closed higher for the week, although gains were limited by a surging US dollar.
December gold futures ended at $1,266.70 a troy ounce on the Comex division of the New York Mercantile Exchange, virtually unchanged from the previous close. The contract pared an earlier decline of as much as ... read more
There were mixed readings from the property prices data and a fresh yuan slide triggered an increased mood of uncertainty, which curbed potential buying support for the .
European equity markets were firmer following the policy meeting, but there were small net losses for Wall Street , while a sharp correcti ... read more