Straticator
MetaTrader 4
Vertex FX 10

The Tension Escalates In North Korea

Uncertainty is something that investors will attempt to avoid at all costs. Political instability, verging on a nuclear war could cause a major shift of assets into safe havens. If the current words escalate, there is a real threat of something far more worrying to occur. North Korea has increased tensions, by threatening the US with a nuclear strike. The US realises that this the state poses potential danger and has deployed a missile launcher in Guam - Guardian

More than half of all mortgage debt in the UK accumulated during the “credit bubble” has now been paid back - CityAM

The Federal Reserve could start tapering its $85 billion-a-month asset-purchase plan by the summer, said John Williams, president of the Federal Reserve Bank of San Francisco on Wednesday - WSJ

Australia AIG performance of services index (MAR) 49.6, previous 48.5

North Korea has increased tensions, by threatening the US with a nuclear strike. The US realises that this the state poses potential danger and has deployed a missile launcher in Guam - Guardian

Credit Suisse have lowered their Non-Farm Payrolls forecast for Friday to 160K from 200K citing the weak ADP and ISM data

The internet is awash with articles about the new frenzy of Bitcoin’s, the price for the virtual currency has soared to a peak of $147

Bundesbank has launched an investigation into claims that Deutsche Bank hid billions of dollars in losses on credit derivatives during the financial crisis - Financial Times

The longer rumoured Facebook seems to have become reality, as it attempts to monetise billions of users as they move to mobile based usage - The Times

The International Monetary Fund has delivered a tough assessment of Ireland's economic situation, highlighting lack of progress by banks and dangers of the country's debt becoming unsustainable if growth forecasts are missed - RTE.IE

The Financial Times reports RBS is facing a second law suit from investors over the £12bn rights issue in 2008


At 11am GMT there is the interest rate and asset purchases announcement from the Bank of England. Rates are expected to be held at 0.5% a four year low, and the consenus is for no further quantatitve easing

The ECB releases their interest rate decision at 11:45 GMT, and are expected to leave rates on hold at 0.75%. Following the release at 12:30 GMT there will be a policy statement and press conference .

comments powered by Disqus
Request callback

Back to Top