Scope Markets Blog | Latest Forex News And Updates For 2020

Iran-Israel fears fail to stifle markets at the open

European markets have taken on a surprisingly upbeat tone in early trade, with Iran’s weekend attack on Israel serving to do little to dent risk sentiment. Notably, the weakness we have seen for energy markets have brought particular underperformance for the FTSE 100, with Shell and BP suffering heavy losses after WTI lost $1 in […]

by Joshua Mahony
7 months ago

European markets head higher as US banks kick off earnings season

European markets have enjoyed an upbeat start to the day, with all the major indices gaining over 1% to leave behind the jitters that have dominated much of the week. Concerns over the likely delay to the Fed’s first rate cut looks to have eased for now despite Wednesday’s higher-than-expected inflation reading. Instead, traders in […]

by Joshua Mahony
7 months ago

ECB in focus as markets continue to struggle on CPI concerns

European markets struggling for direction in early trade as investors way up a myriad of opposing factors that come into play today. Yesterday’s inflation gauge from the US further cast doubt on the likeliness of a June rate cut from the Federal Reserve, with concerns over an expected rise in inflation only worsened by a […]

by Joshua Mahony
7 months ago

Stocks on the rise, but US CPI poses risk to market sentiment

European markets have kicked off the day on a solid footing, with stocks throughout the region rebounding despite the potential US-focused volatility ahead of today’s inflation data and FOMC minutes. Nonetheless, there is grounds for optimism in Europe, with tomorrow’s ECB meeting expected to see Lagarde tout a more accommodative stance, signalling the beginning of […]

by Joshua Mahony
7 months ago

Week Ahead: Inflation and central banks in the spotlight

Chief market analyst Joshua Mahony guides you through the week ahead, with inflation and central banks providing the theme. Rate decisions from the BoC, RBNZ, and ECB will likely bring volatility alongside Wednesday’s big-ticket US inflation release. Joshua guides you through the Dollar index, DAX, and USDCAD.

by Joshua Mahony
7 months ago

Movers & shakers: What were the big March trends?

What are the big trends in the market? Chief Market Analyst Joshua Mahony take you through the big moves in March, highlighting which could represent potential opportunities across indices, FX, and commodities. Joshua covers Spain 35, Hang Seng, US dollar, Swiss Franc, Silver, and Natural gas.

by Joshua Mahony
7 months ago