June 21, 2018
The greenback rose against its major peers on Wednesday supported by the rise in the US Treasury yields. The US 10-year treasury yields ended a four-day losing streak and bounced to 2.95%, the highest level in a week whereas the dollar index, DXY, that measures the strength of the US dollar against a basket of six currencies rose to fresh 2018 highs of 95.32.
June 20, 2018
Major US indices recovered some of yesterday’s losses post the comment of the White House trade representative Peter Navaro. Despite his offensive comments towards China, Navaro is confident that the relationship between President Donald Trump and President Xi will help in resolving trade issues.
June 19, 2018
Major stock indices dropped earlier in the Asian session after President Donald Trump asked the US trade representative to identify $200 billion in Chinese goods for additional 10% tariffs. The trade war that is taking place between the United States and China is back to be a key mover.
June 18, 2018
You may be aware that ESMA (European Securities and Markets Authority) has announced major changes that will be implemented on the 1st August 2018. These changes will last for a period of 3 months from the 1st August 2018, and may be extended for a further 3 months. The changes will have a substantial impact on your trading with ICM Capital.
June 18, 2018
U.S. stocks ended the session in red on Friday, but well off the session’s lows. Global stocks were under pressure as President Donald Trump approved tariffs on about $50 billion of Chinese goods to intensify the fears of a trade war between the United States and China.