Euro steady at 1.10. Aussie thunders towards 0.65. Economists at analyze the outlook of EUR/USD and AUD/USD pairs AUD/USD could return to the May/June low of 0.6458 EUR/USD mostly ignored the weakness in Yen and Yuan but could struggle to cling on to 1.10 as European stocks and yields retreat. The AUD is the biggest faller in […]

The main rate in Sweden is now 3.5%. This level was expected and the previous wasot of 3.0%.  This is important news from the ECB’s perspective, as a 25bp hike and a 50bp hike are being considered at this point, although the consensus is directed more towards a smaller hike.  Riskbank comments: Swedish and EMU […]

The reported results of Microsoft (MSFT.US) and Alphabet (GOOGL.US) yesterday after the close of the Wall Street session performed really well and boosted investor sentiment in the technology company sector. MSFT’s results were particularly well received, managing to beat the upper end of analysts’ expectations for reported quarterly results. The improved results had a common denominator, the Cloud division […]