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News from the Foreign Exchange Markets and from the Commodities Trading.

The sterling weakened on currency markets after Mark Carney's speech.

Bank of England Governor said on Tuesday morning in front of the London banking community and finance minister Hammond, that “is not yet the time to raise interest rates”, confirming ...

Silver and Gold are running again

It is certainly not a big news, but in recent weeks the central banks were again the protagonists. The markets have looked very closely at the Fed, trying to unravel ...

Waiting for the Fed...

The macroeconomic calendar this week is very rich, with major central banks in action, most notably the Fed. Janet Yellen is expected to announce a rate hike in the press ...

Gold is strengthening despite the recovery of the US Dollar

The yellow metal reached a new 3-month high at $1,240

Gold still dancing close to $1,200

After the rally of the first 15 days of the year, gold declined to $1,180 last week. Today, on the first trading sessions of this week, the yellow metal is ...

Economic Calendar for the last week of January

Another speech of Mario Draghi will open the week where UK and US GDP will be announced

Hammonds proposal: "Extra time for UK in case Brexit talks overshoot"

The Chancellor told to a panel of economist in Davos, at the World Economic Forum, that extra time to reach an agreement could be agreed on.

UK retail sales went down by 1.9% in December

An unexpected drop that surprised investors, pushing down the pound on the forex market

HSBC confirmed that will move 20% of the staff to Paris

After Theresa May's speech many questions remain without a clear answer.

The pound jumps after Theresa MAY speech

The market reaction to PMs big moment was quite clear and the pound strongly recovered after Theresa May confirmed the Brexit deal will be voted by the Parliament

UK inflation rate surges to 1.6%

The Consumer Prices Index (CPI) rallied to 1.6%, 0.4% more than the previous 1.2% and 0.2% more than forecasted

BoE Governor warns of consumer slowdown in 2017

Mark Carney, in a speech at the London School of Economics, warned the consumer could face fresh headwinds this year.

Sell off on the pound on the early trading

It was a dramatic start of the week for the pound, falling below 1.20 against the US Dollar, for the first time after the flash crash of the 4th of October.

The dollar closes the week down, while gold is close to $ 1,200

It was a long and busy week for the financial markets, with the conference of Donald Trump that monopolized the attention

Euro Area Industrial Production rose by 1.5 in November

Good news arrived today from the European Industrial Sector Output

Trump speaks, the volatility jumps and gold continues its recovery

Donald Trump used strong (and questionable) tones in his conference today, accusing the media for the publication of unverified spy memos

The pound is again under pressure

The markets quickly replied to Theresa May, with a sell off which pushed again the British currency close to the 31-year minimum against the US Dollar

FCA will invest in the US, Trump twits "Thank you"

Fiat Chrysler Automobiles (FCA) will invest one billion dollars in the United States within the next 4 years, creating 2,000 new jobs.

Will 2017 be the year of Brexit?

The year just started is expected to be the one where the Brexit process will start. Precisely, less than three months are remaining for Theresa May to the self-imposed deadline to invoke the article 50

Good macro figures from Italy and Spain

It was a good start of 2017 for Italy, with Milan stock exchange growing by over 1% at 19,400 points and with good macro-economic data

Low volumes on the markets

One of the main news is related to Toshiba, with its share falling 20% on Wednesday, after the announcement that its nuclear business with the US could be worth less than previously expected.

Economic Calendar of the week

Analysis of the key factors for the markets in the week 26-30 December

Euro plunged to a new 14-year low against the greenback

Investors are still buying the American currency, after the Federal Reserve decided in the last meeting to raise the interest rate for the second time after the financial crisis.

Economic Calendar of the week

Analysis of the key factor on the markets for the week 19-23 December

Fed second rate hike since 2008

The Federal Reserve increased the official interest rates by a quarter of point, from 0.50% to 0.75%. The United States Central Bank also forecasted a steeper path for the borrowing rates, with the expectations for three raises for 2017

Brexit? Not so quickly... and the pound is trying to recover

The Sterling is up against all the major currencies after months of bearish rally, as Brexit is slowing down

How is Italy reacting to banking and political crisis?

An important week just started for Italy. Paolo Gentiloni was given a mandate to form a new Government, whilst the banking crisis is still looking for a solution

Fed: Countdown for a new rate hike?

After the ECB decisions', the traders are now expecting the Fed and betting on the growing possibility of an EUR/USD parity.

British Manufacturing Unexpectedly Falls Most in Eight Months

Analysts were awaiting a growth of the UK manufacturing and industrial production, but both of them have fallen in October. Output from tue manufacturers, after an increase of 0.6% in September, sharply declined in October by 0.9%.

The Euro rebounds above 1.07 against the US Dollar

After the Italian referendum the focus is now on the ECB meeting and, later, on the Fed's decision.