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EUR/USD: Downside Correction Likely Amid Brexit Concerns

EUR/USD has been consolidating its gains above 1.11 amid Brexit speculation.  Chinese data and Fed speeches are also in the mix. Friday's four-hour chart is pointing to overbought conditions. read more.....»»

Category: blogSource: benzingaOct 18th, 2019

Fed officials confident in economy"s resilience as risks persist

Federal Reserve officials downplayed concerns about the impact of geopolitical uncertainty on the U.S. economy amid flaring tensions with Iran, even as a record of the central bank’s meeting last month showed that downside risks remain on their minds......»»

Category: topSource: moneycentralJan 3rd, 2020

Sterling falls on new Brexit fears, stocks edge higher

The dollar rose on Tuesday amid concerns about Britain's setting a hard deadline to reach a new trade deal with the European Union, while global equity markets gained, lifted by a resurgent U.S. housing market that bodes well for the economy......»»

Category: topSource: reutersDec 17th, 2019

Market Snapshot: Stocks close lower amid trade-deal skepticism, economic growth concerns

U.S. stocks snap a three-day winning streak on Monday during a partial U.S. holiday as investors mulled the trade deal with China and monitored the latest developments in the Brexit drama.....»»

Category: topSource: marketwatchOct 14th, 2019

Market Snapshot: Stocks slip in U.S. holiday trade amid trade-deal skepticism, economic growth concerns

Stocks drifted lower in afternoon trade Monday during a partial U.S. holiday as investors mulled the trade deal with China and monitored the latest developments in the Brexit drama.....»»

Category: topSource: marketwatchOct 14th, 2019

Market Snapshot: Stocks mixed in U.S. holiday trade amid trade-deal skepticism, economic growth concerns

Stocks were mostly unchanged Monday during a partial U.S. holiday as investors mulled the trade deal with China and monitored the latest developments in the Brexit drama.....»»

Category: topSource: marketwatchOct 14th, 2019

Market Snapshot: Stocks struggle for altitude amid trade-deal skepticism, global growth concerns

U.S. stocks retreat Monday as investors reevaluate the “phase-one” U.S-China trade agreement and take in the latest developments in the Brexit drama.....»»

Category: topSource: marketwatchOct 14th, 2019

Aston Martin rating cut deeper into junk amid Brexit, tariff worries: S&P

Ratings agency Standard & Poor's has cut its credit rating on storied carmaker Aston Martin Lagonda Holdings deeper into junk territory on Wednesday amid concerns over the UK's exit from the European Union and threat of U.S. tariffs......»»

Category: topSource: reutersSep 25th, 2019

Metals Stocks: Gold prices driven higher amid Brexit, China-U.S. trade uncertainties

Gold futures climb Tuesday, driven higher by trade-related tensions, global growth concerns and the threat of the market being roiled by a disorderly exit by Britain from out of the European Union......»»

Category: topSource: marketwatchSep 3rd, 2019

Stocks off on Trump"s warning to China; sterling falls further

A gauge of global stock markets fell on Tuesday as the latest round of U.S.-China trade talks began amid a threat from President Donald Trump, while concerns over a no-deal Brexit continued to drag the British currency lower......»»

Category: topSource: reutersJul 30th, 2019

Currencies: British pound collapses on no-deal Brexit concerns

The British pound slid to a fresh two-year low on Monday as concerns about the country leaving the European Union without a deal intensified amid moves by Prime Minister Boris Johnson in his first few days in office......»»

Category: topSource: marketwatchJul 29th, 2019

Currencies: British pound reaches two-year low on no-deal Brexit concerns

The British pound slid to a fresh two-year low on Monday as concerns about the country leaving the European Union without a deal intensified amid moves by Prime Minister Boris Johnson in his first few days in office......»»

Category: topSource: marketwatchJul 29th, 2019

GBP/USD: Pound Pressured By Three Factors

GBP/USD is consolidating its losses on the lower ground amid Brexit concerns.  UK data remains robust, but Brexit continues dominating the scene. The pair continues trading below the potent downtrend resistance line. read more.....»»

Category: blogSource: benzingaApr 17th, 2019

EUR/USD Is Correcting From Oversold Conditions, But Draghi Continues Pointing To The Downside

EUR/USD extends its slump amid concerns about downside risks. Draghi's repeat of his dovish message does not help. The technical picture is bearish for the pair. read more.....»»

Category: blogSource: benzingaMar 27th, 2019

Europe shares claw higher as investors hope UK rejects no-deal Brexit

European shares ticked up on Wednesday, shrugging off mounting concerns over world growth amid optimism that British lawmakers were set to rule out a no-deal Brexit - hopes that also helped the British pound rally by half a percentage point......»»

Category: topSource: reutersMar 13th, 2019

Amid mounting Brexit concerns, UK economy is barely growing

Official figures have confirmed that the British economy barely grew in the first three months of the year, partly but not wholly because of the impact of a long protracted winter......»»

Category: topSource: foxnewsMay 25th, 2018

GBP/USD Forecast: Sterling Back To The Old Range As Global Worries Bite Amid Brexit Stalemate

The GBP/USD is trading little changed on the downside as global growth worries favor safe-haven greenback. The UK Prime Minister Theresa May failed to deliver a new strategy and a Plan B for Brexit deal while speaking in parliament. read more.....»»

Category: blogSource: benzingaJan 22nd, 2019

GBP/USD Forecast: Sterling Back To The Old Range As Global Worries Bite Amid Brexit Stalemate

The GBP/USD is trading little changed on the downside as global growth worries favor safe-haven greenback. The UK Prime Minister Theresa May failed to deliver a new strategy and a Plan B for Brexit d.....»»

Category: earningsSource: benzingaJan 22nd, 2019

Stocks rebound after snapping 5-day winning streak

The major averages sank Tuesday amid concerns the global economy could take longer to recover from COVID-19 lockdowns than previously expected......»»

Category: topSource: foxnews11 hr. 17 min. ago

Gold futures log highest finish since September 2011

Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once aga.....»»

Category: topSource: marketwatchJul 7th, 2020

Concerns about coronavirus declining in NC even as cases rise

Even as Covid-19 cases continue to rise amid warnings from health officials, North Carolinians are becoming less worried about the pandemic, according to a new poll from Elon University. Just 53 percent of those polled this month said they were .....»»

Category: topSource: bizjournalsJul 3rd, 2020