Call Me
Back
Phone Book Learn to Trade

[bwp-recaptcha bwp-recaptcha-93]

United Kingdom: +44 20 3773 8602
Sweden: +46812410070
Norway: +4721930512
New Zealand: +6448302404
Israel: +97223740103
Austria: +43720775041
Australia: +61280730589
Spain: +34933938161
South Africa: +27115682351
Canada: +14382289855
AUD/USD 0.79686 23:30 27.07 GBP/JPY 145.298 23:30 27.07 EUR/JPY 129.890 23:30 27.07 EUR/USD 1.16822 23:30 27.07 USD/JPY 111.182 23:30 27.07 NZD/USD 0.74956 23:00 27.07 AUD/NZD 1.06352 23:00 27.07 USD/JPY 111.232 22:30 27.07 BITCOIN 2648.744 22:00 27.07 EUR/USD 1.16753 22:00 27.07 USD/CHF 0.96480 21:00 27.07 USD/CAD 1.25536 21:00 27.07 GBP/USD 1.30655 21:00 27.07 EUR/GBP 0.89385 21:00 27.07 AUD/USD 0.79673 20:30 27.07 USD/CAD 1.25549 20:30 27.07 EUR/USD 1.16768 20:30 27.07 GBP/CHF 1.26068 20:30 27.07 GBP/USD 1.30624 20:15 27.07 TOYOTA (US) 111.700 20:00 27.07 ALIBABA 154.270 20:00 27.07 JOHNSON & JOHNSON 130.810 20:00 27.07 BANK OF AMERICA 24.115 20:00 27.07 WAL-MART 79.785 20:00 27.07 EUR/CHF 1.12626 20:00 27.07 JP MORGAN CHASE 91.545 20:00 27.07 AUD/CAD 1.00042 20:00 27.07 DOLLAR INDEX-APR17 93.770 20:00 27.07 McDONALD'S 156.965 20:00 27.07 EUR/CAD 1.46627 20:00 27.07

Market Review

DAILY MARKET OVERVIEW
Today's Top Market Headlines – Jan 16, 2017
European markets edge lower as pound plummets on renewed Brexit fears

Markets in Europe plummeted on Monday as investors await more detail on the U.K.’s Brexit plan as well as the inauguration of President-elect Donald Trump in the U.S. later this week. The sterling tumbled on reports that U.K. Prime Minister Theresa May will signal plans to quit the European Union’s single market so that she can retain control of Britain’s borders and laws. Sterling declined 1.6 percent against the greenback after May’s statements. The pound was last seen trading at 1.1395 against the euro as of 9:45 GMT. It is also worth noting that the British currency has fallen 19 percent against the dollar since the nation opted to leave the EU in June’s referendum.

Trump threatens BMW with border tax

Staying true to his threats against other automakers, President-elect Donald Trump said BMW would face a 35% import duty for cars assembled at a new facility in Mexico and sold in the U.S. A company spokeswoman has stated that the plant in San Luis Potosi would build its new BMW 3 Series starting from 2019, with output intended for the world market. It is also worth noting that the new president who declared trade wars against China and Mexico has stated that he will continue to handle hos Twitter account which he had used to make important announcements during the election and the post election.

South Korean prosecutors are seeking an arrest warrant for Lee Jae-yong, who is the heir to the Samsung company and one of the nation's wealthiest and most-powerful executives. If the warrant leads to an indictment, it would be the latest criminal charges in an unprecedented corruption scandal that has rocked the country's political system. After the announcement regarding the arrest of Samsung executive, company shares ended down 2.1% in South Korea.

South Korean prosecutors are seeking an arrest warrant for Lee Jae-yong, who is the heir to the Samsung company and one of the nation’s wealthiest and most-powerful executives. If the warrant leads to an indictment, it would be the latest criminal charges in an unprecedented corruption scandal that has rocked the country’s political system. After the announcement regarding the arrest of Samsung executive, company shares ended down 2.1% in South Korea.