Emerging Global and Domestic Markets

Excessive Debt to Curtail Investment in Asian Belt and Road Infrastructure

Some countries are scaling down or scrapping entire projects that are part of China’s Belt and Road Initiative amid mounting financial concerns over the continent-spanning venture. In recent months, developing nations such as Pakistan, Malaysia, Myanmar, Bangladesh and Sierra Leone have either ca ...

OANDA Market Insights podcast (episode 48)

OANDA Senior Market Analyst Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenters Nick Howard and Jonny Hart. This week’s big stories: PM’s Brexit deal dead in the water, Government survives no-confidence vote, US/China trade optimism, UK Retailers ...

USD/CAD – Canadian dollar steady ahead of CPI

USD/CAD has posted small gains in the Friday session, recovering the losses from Thursday. Currently, the pair is trading at 1.3265, down 0.12% on the day. On the release front, Canada releases CPI, which is expected to post its third decline of 0.4% in the past four months. In the U.S., today’s ...

Dollar supported by U.S trade optimism

Friday January 18: Five things the markets are talking about Improved market and investor optimism for Sino-U.S trade talks saw global equities and U.S stock futures climb in the overnight session. In commodities, crude oil prices are leading the rally, while sovereign yields back up and safe have ...

Stock markets eyeing fourth positive week

Gold slips as stocks end the week on a high Stock markets are on course for another positive session, capping off another strong week and a fourth consecutive one in the green. Sentiment is clearly improving and the bulls are gathering momentum as previous headwinds slowly morph into tailwinds for ...

OANDA Business Breakfast on Jazz FM

Senior Market Analyst Craig Erlam joins Jazz FM Presenter Nick Howard to discuss all the business and market headlines. Click on the image below to have a listen. Strong US Data, Trade Solace, & Consistent Fed Speak Drive Strong Dollar and Risk NarrativePosted 28 minutes ago Stocks rally as h ...

DAX streaks above 11,000 as investors eye U.S-China trade talks

The DAX index has posted sharp gains in the Friday session. Currently, the index is at 11,046, up 1.17% on the day. Bank and auto shares have climbed sharply, with BMW, Daimler and Deutsche Bank all registering gains of over 2% on Friday. In economic news, there is only one release. The eurozone cu ...

Macro Briefing: 18 January 2019

Trump blocks Pelosi’s overseas trip, citing gov’t shutdown: WSJTrump-Pelosi feud dims prospects for quick end to gov’t shutdown: BloombergKey dates to watch for monitoring partial gov’t shutdown: CNBCN. Korea and US planning to discuss possibility of 2nd Trump-Kim summit: ReutersSigns of pr ...

EUR/USD – Euro drifting on lack of key indicators

EUR/USD is showing little movement in the Friday session. Currently, the pair is trading at 1.1404, up 0.14% on the day. In economic news, the eurozone current account surplus narrowed to EUR 20.3 billion, down from EUR 23.0 billion. This was well off the estimate of EUR 24.1 billion. In the U.S., ...

Mnuchin heads to the White House

  Support or a dressing down? In the aftermath of the conflicting press reports about a possible shift in the US stance on tariffs, risk appetite was still buoyant during the Asian session, though not aggressively so. As a follow-on from yesterday’s headlines, is was announced that Treasury Secr ...