Latest Market News
The Australian dollar stopped declining against the US dollar. The current AUDUSD quote is 0.6829. The minutes of the last meeting of the Reserve Bank of Australia did not provide any clues. The monetary policy is currently restrictive, and the Central Bank is ready to continue it for as long as it takes. The Reserve […]
The major currency pair has not lost momentum by Tuesday and keeps ascending. The current EURUSD quote is 1.1250. The US dollar remains weak; the problem is in the expectations concerning the interest rate. In one way or another, market talks are mostly concentrated on the credit costs in the US and the Eurozone as […]
The FTSE Finish Line – July 18 – 2023 FTSE Finds Its Footing Supported By Ocado & Homebuilders FTSE 100 index is up 0.22% on an overall positive session driven by Shares of Ocado Plc, the British online supermarket and technology group, surged by as much as 19% to a five-month high, making it the […]
Daily Market Outlook, July 18, 2023 Munnelly’s Market Commentary… Asian equity markets failed to sustain the momentum from Wall Street. The Nikkei 225 initially made gains upon its return from a long weekend but eventually erased those gains, reflecting weakness in its peers. The Hang Seng and Shanghai Composite were also lower, with property stocks […]
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