Scope Markets Blog | Latest Forex News And Updates For 2020

FOMC preview: rate hike expected, but will we see another by year-end

The Federal Reserve reconvenes this week for a meeting that has been speculated to potentially bring the final rate hike of this cycle. Talk of terminal rates and dovish turns have been abound over the past six months but sticky inflation has proven a worthy adversary for many of the major central banks. The two-day […]

by Joshua Mahony
1 year ago

Earnings week preview: Microsoft, Meta and Exxon Mobil bring big tech and energy focus

With earnings season in full flow, the all-important tech sector comes into view this week. The dominance of big tech in driving markets higher does mean that the outlook for the sector will be a critical factor to consider when calculating whether the third quarter will bring another bout of stock-market gains. The top 7 […]

by Joshua Mahony
1 year ago

Important Update: SM-INVEST rebrands into Scope Markets!

Dear Valued Client, There are some important changes coming to SM-INVEST. As of 27th September 2021, SM-Invest will rebrand to Scope Markets. Both brands, “SM- INVEST”, and “Scope Markets”, are operated by the same company, Scope Markets Limited, which is authorized and regulated by the IFSC. Therefore, this change will not affect the quality our service. The website, www.sminvest.com will redirect […]

by Scope Markets
3 years ago

Canadian dollar appreciate on Trudeau election victory

Table of Content Keynotes: Trudeau wins Federal election Canadian dollar advance against a basket of G10 currencies Gold price eye the Wednesday FOMC Technical outlook The Canadian dollar appreciated. His Liberal Party is expected to have a third minority term. The The Canadian dollar rose against the U.S. dollar in Asian trading on Tuesday, partly […]

by Lulama Msungwa
3 years ago

U.S Fed preview: Is the Fed ready for tapering?

The highlight for the week will be the Fed’s monetary policy decision. The market is generally expected to maintain the $120 billion bond purchase scale, but the Fed may remain cautious because the recovery of Covid is an obvious concern, and Fed Chairman Jerome Powell (Jerome Powell) has made it clear that he hopes to […]

by Lulama Msungwa
3 years ago

The week ahead preview: is the Fed ready to taper?

Table of Content Markets are busy in the week ahead Key central banks are in focus including the most anticipated FOMC U.S markets will keep an eye on the tapering decision Technical outlook Week ahead preview Monday The markets will be fairly quiet on a Monday as markets in the U.S prepare for tapering decisions […]

by Lulama Msungwa
3 years ago