US News

Swiss financial regulators have signaled that Facebook’s cryptocurrency, Libra is mandated to meet up to extra requirements besides acquiring a payment system license before they can begin operations in the region. In a recent press release, the Swiss Market Supervisory Authority (FINMA) explained that the diverse services projected by Libra have created the need for […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in August In the UK, house price balance registered a rise to 4.00% in August, compared to a reading of 9.00% in the prior month. US mortgage applications rose in the last week In the US, mortgage […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate unexpectedly dropped in the May-July 2019 period In the UK, the ILO unemployment rate dropped unexpectedly to a level of 3.80% in the May-July 2019 period, compared to market expectations of an unchanged reading. In the April-June 2019 […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK manufacturing production unexpectedly rose in July In the UK, manufacturing production unexpectedly climbed by 0.30% on a MoM basis in July. In the prior month, manufacturing production had dropped 0.20%. UK industrial production surprisingly climbed in July In the UK, industrial […]

USDCHF Price Analysis The pair is moving to a new session high and in the process is exiting from it’s moving averages 5 (red line) and 13 (blue line) at 0.9805 and 0.9785 respectively. Currently, a base on the level at 0.9775 area, at the horizontal line has formed and has allowed for a temporary […]

Bahamas Petroleum Company shares (LSE:BPC) have broken upwards after several months of a boring ranging movement. The shares dropped like a stone in March 2015, only to consolidate till August 2019. Recently, there has been a significant bullish breakout, which means the market may go further upwards. The market is clearly above the EMA 21, […]

AUDUSD Price Analysis – August 22 The Aussie is holding weaker so far with the yuan softer on the day on a softer note for the equities and treasury yields. However, yuan has a relative effect on USD as the PBOC fixed the yuan weaker again today, reaffirming the notion that they will allow the […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance dropped in August In the UK, the CBI distributive trade survey’s retail sales balance recorded an unexpected drop to a level of 49.00% in August, compared to market expectations of an advance to a […]

AUDUSD Price Analysis – August 15 The bears were in full control moving the market lower in the prior session, although in the present session we see the pair found buyers around the level at 0.6748 for the 4th day in a row while the pairs bear dominance is evident falling to lowest close since […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. BoE: No-deal Brexit might cause significant market turmoil The Bank of England (BoE), in its bi-annual Financial Stability Report, warned that the increasing possibility of a no-deal Brexit could cause massive disruption to the UK economy. Additionally, the report highlighted a gloomy […]