Gold Up, but On Track for Worst Performance in Six Years
Gold was up on Friday morning in Asia but is set for its biggest yearly decline in six years. Gold futures were up, the dollar, which normally moves inversely to…
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MARKET UPDATE
Global M&A volumes hit record high in 2021, breach $5 trillion for first time Global dealmaking is set to maintain its scorching pace next year, after a historic year for…
Oil prices slip after China cuts import quotas
Oil prices eased on Thursday after the world’s top importer China cut the first batch of crude import allocations for 2022, offsetting the impact of U.S. data showing fuel demand…
MARKET UPDATE
Yen falls to one-month low, sterling solidly higher on global recovery trade The yen dropped to a new one-month low and sterling hit a six-week high in holiday-thin trading on…
WEEKLY ECONOMIC CALENDAR AHEAD
We wish you & your family a wonderful holiday season and a happy, healthy, and prosperous new year 2022! Here is what you need to know about the important news…
WEEKLY MARKET RECAP: December 20 – December 24,2021
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
MARKET UPDATE
European Stock Futures Drift Lower in Pre-Holiday Trade; FTSE Down 0.3% European stock futures were drifting lower early Friday, consolidating at the end of a week dominated by growing hopes…
DOLLAR NEAR ONE WEEK LOW AS OMICRON FEARS EASE
Dollar near one-week low as Omicron fears ease; lira extends rally The dollar index flatlined near a one-week low on Thursday, as fears of fallout from the Omicron COVID variant…
MARKET UPDATE
Dollar Edges Lower as Confidence Over Omicron Supports High Yielders The dollar traded marginally lower early in the European session Thursday, near a one-week low, amid growing optimism for the…
Oil prices steady as Omicron caution lingers
Oil prices were steady on Wednesday as fears of tight supply were offset by COVID-19 concerns after Singapore suspended quarantine-free travel and Australia renewed its vaccination push due to a…
MARKET UPDATE
European Stock Futures Mixed; Covid Developments in Focus European stock markets are expected to open in muted fashion Wednesday, with investors continuing to digest the risks associated with the…
Equities and oil prices slump on Omicron fears
Stocks fell and oil prices slid more than 3% on Monday as surging Omicron COVID-19 cases triggered tighter curbs in Europe and U.S. growth prospects dimmed after a $1.75 trillion…
MARKET UPDATE
Goldman Sachs cuts U.S. GDP forecast after Manchin retreats on Biden’s bill Goldman Sachs (NYSE:GS) trimmed its quarterly GDP forecasts for 2022, after U.S. Senator Joe Manchin withdrew his support…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between December 20th 2021 and December 24th 2021, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: December 13 – December 17, 2021
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
MARKET UPDATE
Batteries included? Northvolt goes all out to meet 2021 launch goal Northvolt Chief Executive Peter Carlsson wants to take on his old boss Elon Musk with the greenest electric vehicle…
MARKET UPDATE
European Stocks Mostly Higher; Inditex, H&M Sales Disappoint European stock markets largely edged higher in cautious trading Wednesday ahead of a crucial Federal Reserve meeting, while political turmoil weighed on…
European shares gain ahead of big week for central banks
European shares inched higher on Monday, lifted by economically sensitive sectors, ahead of monetary policy decisions by some of the world’s largest central banks that could potentially include an early…
MARKET UPDATE
Life after PEPP: Five questions for the ECB Thursday’s European Central Bank meeting looks like a crucial one – officials are set to call time on pandemic-triggered stimulus. The question…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between December 13th 2021 and December 18th 2021, where we take a look at the economic data, market news…