UK Chancellor Kwarteng has cut short his visit to Washington, returning to the UK
<p>Reuters with the news item, citing unnamed sources.</p><p>Market chatter is that he will be doing a U-turn on his tax cut plan. This unfunded plan is what triggered the melt-down…
Read More »US Deputy Secretary of State Sherman will meet with China’s ambassador to the US on Thursday
China’s new ambassador to Washington, Qin Gang and Sherman to meet. Earlier news/speculation:
Read More »What Are Meme Stocks? Explaining One Of Wall Street’s Hottest Trends
There is a new buzzword: meme stocks. Recently, some stocks have captured the attention of Wall Street, regulators and Congressional lawmakers, as a band of amateur traders on Reddit forum WallStreetBets teamed…
Read More »Midweek Market Podcast – January 27
The Market Week – January Week 4 HotForex · Midweek Market Update – 27th Janaury 2020 After global stocks cheered on Joe Biden as president, anticipating a hefty dose…
Read More »FX Update – August 13 – Weaker Dollar & Stronger Sterling
The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the gains seen in the wake of…
Read More »