News

Risky assets went higher in the last week of August with the MSCI World recording its second gain in a row, up 0.6% for the week closing at 2175.50. The USD trade-weighted index, the DXY, closed the week more or less flat after two weeks of losses and US stocks continued on the bid – … Continued

On Tuesday, the US Dollar fell for the fourth day in a row following US President Trump’s critical comments regarding the recent interest hikes by the Federal Reserve. The US President wishes the Fed to support the economy by keeping rates low. Global stock markets were flat to higher and cautious ahead of the FOMC … Continued