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Equity markets throughout much of Asia and Europe are following the bearish theme led by US markets last week, with the S&P 500 and Nasdaq having both experienced their worst week since March. The reemergence of concerns around Chinese real estate came curtesy of a sharp collapse in Evergrande shares, with the property giant noting […]

by Joshua Mahony
12 months ago
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As we prepare for the trading week ahead, it’s essential to have a thorough understanding of the pivotal economic events and company reports that can significantly impact financial markets. Here’s an in-depth preview of what to watch out for the week ahead. Monday, September 25th German Ifo business climate Germany has been under the microscope […]

by Joshua Mahony
12 months ago
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The Bank of England (BoE) is gearing up for its September meeting, with the monetary policy committee due to announce their latest monetary policy decision on Thursday 21st September. Despite a downward trajectory for inflation, there is a strong possibility of a 15th consecutive rate hike on Thursday. Should that come to fruition, it would see the Bank […]

by Konstantinos Toulis
12 months ago
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The Federal Reserve are back in focus this week, with Jerome Powell leading the FOMC into their sixth meeting of the year. Emerging at a time when economic concerns tie up with rising inflation and central banks that appear to have drawn a line under their monetary tightening phase, markets look towards the Fed for […]

by Joshua Mahony
12 months ago
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USD The US dollar stretched its gains against other currencies for the 9th week in a row as positive economic data reports increased soft landing bets, wooing investors. The US dollar index is already up about +1.67% this month with the price now nearing a 6-month peak around 105.85. An eventful week it was for […]

by Joshua Mahony
12 months ago
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European markets are in the red this morning, with markets taking on a pessimistic tone ahead of a week dominated by central bank activity. Last week’s dovish hike from the ECB raised hope that we could see a similar approach from the Bank of England on Thursday, but the impending UK inflation report could scupper […]

by Joshua Mahony
12 months ago
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Scope Markets offers institutional and retail trading services to businesses and traders worldwide. Our top management team has more than 20 years of experience in the industry, and we are proud of the solid partnerships we built over the years. Whether it's a business or individual, Scope Markets has a wide range of trading solutions that are compliant, flexible, cost-efficient, innovative, and place the client first.

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