Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
By CNBC : Britain's benchmark stock index has soared by over a fifth since the post-Brexit referendum low it reached in late June, yet some believe the stunning momentum is soon set to fade.
The rally has been largely driven by the plummeting British pound since the Brexit vote which had fallen by as much as 19 percent against the U.S. dollar by its mid-January nadir and currently hovers around 12 percent lower. With around 70 percent of the index's constituents earning a significant portion of their income overseas, company results have been flattered by the tailwind accompanying the translation of these earnings back into the weakened sterling.
By Reuters : Swirling uncertainty over U.S. President Donald Trump's political future saw world stocks extend their steepest fall in over six months on Thursday, though there were signs of stabilization elsewhere as the dollar and gold steadied.
By Reuters : Asian stocks fell on Thursday and the dollar was stuck near six-month lows against a basket of currencies as uncertainty mounted over U.S. President Donald Trump's future following reports that he tried to interfere with a federal investigation.
Increased US oil production is unsettling OPEC's plans to limit supply.
Concern over Trump added to disappointing U.S. economic data on Wednesday to hit the dollar and stocks.
Oil prices strengthened on Wednesday ahead of U.S. crude inventory data.
An investment adviser points to growing opportunities in emerging markets despite rising political tensions.
Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in a bid to drain a global glut.
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