Both gold and silver have recently dropped to their three-month lows as US-China trade and Brexit risks retreated, the US stock market set record highs and US government yields rose. This has also made the gold-silver ratio rise to its highest levels since late-August...

The surprising move from the Reserve Bank of New Zealand to maintain its Cash rate on hold to historical low 1% surprised across the board, forcing traders to cover short trades...

Today’s trading session is likely to remain calm and dominated by risk-off sentiment as Asian shares continue to pullback from three-month high while safe-haven Japanese yen continues to gain traction following Trump’s Friday comment on potential rollback of Chinese tariffs while escalating tensi...

Gurunanak Jayanti trading holiday comes at the right time as the Indian rupee loses sight against major peers following the release of Moody’s outlook downgrade and disappointing economic data...

October 2019 marked a milestone for modern genetic medicine. A leading Swiss drug maker registered USD 160 million of quarterly sales for the world's most expensive drug – Zolgensma – a gene therapy priced at USD 2.1 million...

Impeachment. The House Intelligence Committee held more closed hearings this week as part of the ongoing impeachment inquiry. The process will move to a more public phase next week when the committee initiates open hearings that will feature witnesses who have already testified privately...

A number of points remain to be clarified. Which tariffs would be canceled, when, and subject to what conditions still need to be negotiated. As of time of writing, US officials have yet to confirm the Chinese Commerce Ministry remarks...

Although it should stay in the background looking forward, the Bank of England monetary policy meeting already provided solid arguments that rate cuts could be explored in 2020 as the central bank is becoming more and more dovish in the midst of headwinds from both Brexit, the global economy and...

The move is surprising, yet it seems that the latest rumors confirming that a Sino-American interim deal should not be signed until December does not turn in favor of the greenback and maintains the yuan in advance as market participants decide to take profits on long USD positions...

Globally all eyes are on Germany. The engine of economic growth in Europe is damaged after two years of trade tension taking its toll on global economic activity. Global trade volumes have contracted 1...

Unlike its Australian peer, the situation for the Kiwi appears less appealing following the reading of both inflation and labor data that confirm increased sensitivity of New Zealand from the US – China trade discord, prompting further easing from the Reserve Bank of New Zealand...

Outside of the UK, the world is taking a much need break from discussing Brexit. GBPUSD has settled smack in the middle between 1.2800 and 1.3000. British PM Boris Johnson has formally announced 12th December elections...

The Reserve Bank of Australia's decision to keep its cash rate at the historically low level of 0.75% at today's monetary policy meeting was no surprise...

Equity markets rose for a third straight day on Tuesday amid fading Brexit risk and positive developments in US-China trade negotiations...

The recent Turkish lira development appears quite surprising considering the latest rate cut implemented by the Turkish Central Bank earlier in October following the removal of US tariffs imports as it trades at four-week low...

We are still reeling from Powell’s admission that trade uncertainty is driving policy. The Fed has spent months scripting a communication that avoided becoming partisan and getting caught up in trade hype...

Switzerland’s headline inflation missed widely expectations in October. The consumer price index contracted 0.3%y/y, following a decrease of 0.1% in the previous month, while market participants anticipated a flat reading...

The Federal Reserve cut interest rates by 25 basis points on Wednesday, lowering the target range to 1.5–1.75%. This was in line with expectations and left markets little changed. The Fed has now cut rates by a total of 75 basis points since July. The FOMC statement had only subtle changes...

The new challenges facing the Sino-American trade talks following strong anti-government protests in Chile in Santiago casts doubt on the timing of the interim trade agreement that was originally scheduled to be signed between 16 and 17 November 2019 by both US and Chinese Presidents amid the Asi...

The approval by EU leaders of a longer three-month extension until 31 January 2020 finally provided British MPs with good reasons to support early parliamentary elections on 12 December, although Prime Minister Johnson had to find a way around the two-thirds Fixed-term Parliaments Act in order to...