Scope Markets Blog | Latest Forex News And Updates For 2020

New Zealand dollar in focus ahead of RBNZ conference

Key points RBNZ likely to keep rates unchanged at 0.25% No policy changes are expected NZD/USD printing bullish momentum The Reserve Bank of New Zealand (RBNZ) will be announcing its rate statement on Wednesday 24th 2021. It is expected that the Central Bank will keep rates at 0.25% and also policies are to remain unchanged. […]

by Adegbotolu Kehinde Erastus
4 years ago

GOLD PRICES SUBDUED AS DOLLAR HOLDS KEY LEVEL OF $90

KEY POINTS Gold fails to find direction as it consolidates Dollar holding the key 90$ level Gold looks up to the Dollar for a bullish direction Gold price fails to inspire bullish movement as it stays within a consolidation level The Gold price movement has in recent days has been so uninspiring, with initial gains […]

by Lulama Msungwa
4 years ago

BoC’s Governor Macklem set to speak today

KEY POINTS BoC scheduled to give a speech later today Macklem expected to comment on the state of the economy and labor markets in Canada Loonie traders will wait for influence from the speech BoC scheduled to give a speech today The BoC governor is scheduled to give a speech today on the impact of […]

by Lulama Msungwa
4 years ago

The week ahead 22-26 February 2021

KEY POINTS It’s a busy day ahead in the markets with the economic calendar full of key events. Interest rate decisions, government speakers, and labor markets data to be in focus. The global vaccination progress, U.S stimulus, and coronavirus headlines will continue to influence the markets. The markets will enter another busy week ahead, with […]

by Lulama Msungwa
4 years ago

Weekly Overview

Weekly Overview Last Week Last week opened with US equities on an all-time high as Biden’s $1.9T stimulus dominated the market sentiment. Oil markets were also trading on yearly highs as Saudi Arabia tightened supply. As the week progressed, a number of fundamental shifts forced the markets to erase gains as the USD gained bullish […]

by Rufas Kamau
4 years ago

Apple Inc. Annual General Meeting Preview

Apple is set to hold its shareholders’ virtual annual general meeting on Tuesday 23rd February 2021. At this meeting, shareholders will get a chance to question the board on several rumors that have been crisscrossing the markets. Items of business will include re-electing the Board of Directors (BOD), ratifying Ernst & Young LLP as Apple’s […]

by Rufas Kamau
4 years ago