MARKET UPDATE
Dollar slips as U.S. yield curve flattens in big week for cbanks The U.S. dollar lurched lower on Monday, stepping back from a 1-1/2 year high tested on Friday, as…
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WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 31st 2022 and February 4th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: January 24 – January 28, 2022
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
Oil heads for sixth weekly gain amid supply concerns Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their…
Stock selloff is far from forcing the Fed to blink
Those clinging to a decade-old belief that the Fed will mount a rescue of tanking stock markets with a last-minute pushback on the timing of interest rate hikes may be…
MARKET UPDATE
Dollar Hits 2022 High as Market Prices in More Fed Hikes The dollar hit its highest level this year in early dealings in Europe on Thursday, after the Federal Reserve’s…
MARKET UPDATE
German exporters start year in hopeful mood The mood among German exporters brightened considerably in January, with almost all industries expecting growth, the Ifo economic institute said on Wednesday. Ifo’s…
Yen jumps, euro slumps, Fed jitters
The safe-haven yen and U.S. dollar rose on Tuesday while the risk-sensitive New Zealand dollar fell with the euro amid escalating worries about both a potential military conflict in Ukraine…
MARKET UPDATE
Three U.S. states, D.C. sue Google over location-tracking Texas, Indiana, Washington State and the District of Columbia sued Alphabet (NASDAQ:GOOGL) Inc’s Google on Monday over what they called deceptive location-tracking…
MARKET UPDATE
Japan aims to release prelim ‘Green GDP’ estimates by end-March – economy minister Japan is drafting an economic growth measure taking climate action into account and aims to release a…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 24th 2022 and January 28th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: January 17 – January 21, 2022
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…
Russia proposes ban on use and mining of cryptocurrencies
Major cryptocurrencies are trading higher Thursday morning despite the Central Bank of Russia’s proposed a ban on the use, issuance, and mining of all cryptocurrencies. Cryptocurrencies have posted threats to…
MARKET UPDATE
U.S. crude exports ramp up as global demand recovers U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows…
ECB’s Lagarde: Inflation in the Euro-Zone will ease gradually in 2022
Inflation in the euro zone will decrease gradually over the year as its main drivers, such as surging energy prices and supply bottlenecks, are expected to ease, European Central Bank…
MARKET UPDATE
Singapore lists first SPAC as Asia investors warm up to blank check firms A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the…
Dollar Consolidates After Jumping in Line with Bond Yields
The dollar was marginally lower in early trade in Europe Wednesday, consolidating after being pulled higher by rising bond yields and a broad drop in risk appetite as the U.S.…
MARKET UPDATE
UK inflation rises to highest in nearly 30 years British consumer price inflation rose more than expected to 5.4% in December, its highest in almost 30 years, official data showed…
UK employers add record number of jobs despite coronavirus
British employers added a record 184,000 staff to their payrolls in December, showing little impact from the Omicron variant of coronavirus, while job vacancies hit a new record high, potentially…
MARKET UPDATE
Brent climbs to more than 7-year high on Mideast tensions, tight supply Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible…