Euro

Market slump: take your pick as to why

Market slump: take your pick as to why

3 mins. to read

As of Thursday evening, the S&P 500 is reeling from a heavy session that saw the benchmark index hit a six month low and turn negative for 2015. S&P 500 Daily Chart You can take your pick as to the reason for the decline – Here are just some of them. The first and most…

Euro’s gains against the Pound could be short-lived

Euro’s gains against the Pound could be short-lived

2 mins. to read

As is typical, the first week of the month has been dominated by the release of the latest US Non-Farm Payrolls report. July data came in roughly in line with expectations with a gain of 215k compared to expectations of 222k. The accompanying unemployment data came in mostly in line with expectations. Yet, judging by…