March 29, 2017

Americas Roundup: Dollar rises as Fed speakers remind markets of rate hike plans, Sterling dips as Britain formally launches Brexit, Oil rises 2 pct as supplies seen tightening-March 30th, 2017

Market Roundup •    US pending home sales surge to 10-month high +5.5% vs 2.4% forecast, -2.8% previous. •    PM May triggers formal Brexit divorce, says no turning back, Two years of talks loom; exit planned in 2019. •    UK PM...
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Europe Roundup: Sterling slumps as formal Brexit process begins, dollar index rebounds from 4-1/2-month lows, markets eye PM May’s speech and EU Tusk’s presser – Wednesday, March 29th, 2017

Market Roundup EUR/USD -0.2%, USD/JPY -0.2%, GBP/USD -0.2%, DXY +0.1%   DAX +0.4%, CAC +0.1%, FTSE flat, Brent +0.7%, Gold +0.1%   Dollar index pulls away from 4-1/2-month lows to 99,953   GBP/USD reverses early losses, lifts to 1.2460  ...
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Asia Roundup: Dollar index off 4-1/2 month lows as upbeat U.S. economic data offset Trump uncertainties, sterling hits 1-week low as UK triggers Article 50, Asian shares gain – Wednesday, March, Wednesday 29th, 2017

Market Roundup UK PM May ready to compromise as Brexit letter heads for Brussels, No 10 anxious to avoid acrimonious divorce after setting Article 50 process in motion – Financial Times.   Fed Gov Powell – Fed still in wait-and-see...
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