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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
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For access to your online account please contact your personal account manager, alternatively email team@regencyfx.com.
The end of last week saw the start of a big shift in the markets.
Japan raised it's interest rate and the US published a poor employment number.
This has led to a rout in stock markets globally, but in particular the Dow Jones and the Nasdaq.
The knock on effect is a big shift in currency markets.
Sterling is slipping versus the Euro and Asian currencies, but is still dominant versus the Australian Dollar.
However against the Australian Dollar things could change overnight with the Reserve Bank Of Australias interest rate decision which is expected to remain unchanged at 4.35%.
Outside of that there's a raft of services information from around the globe, so the volatility could well continue.
Business news centres on the global stock market situation with a suggestion that the US could be heading towards a recession based on the poor job number.
EUR: 09:00 Services PMI
UK: 09:30 Services PMI
US: 15:00 Services PMI
UK: Tuesday 00:01 BRC Like for Like Retail Sales
AUS: Tuesday 05:30 RBA Interest Rate Decision
As ever we look forward to keeping you in the loop and look out for our next update.
Our friendly currency experts are here to assist you and guide you through the markets, we offer a first-class service and even an online platform so you can monitor your transaction in real time.
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