Oil climbs on supply worries
Oil prices rose on Monday, with Brent futures touching their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with…
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MARKET UPDATE
Dollar Down, Investors Digest Surprise PBOC Benchmark Cut The dollar was down on Monday morning in Asia, with the People’s Bank of China (PBOC) springing a surprise benchmark cut. Investors…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 17th 2022 and January 21st 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: January 10 – January 14, 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…
BOJ considering conducting analysis on inflation dynamics
The Bank of Japan is considering conducting a thorough analysis on the country’s price dynamics and whether recent signs of quickening inflation would be sustainable, said two sources familiar with…
MARKET UPDATE
BOJ debates messaging on eventual rate hike as inflation perks up Bank of Japan policymakers are debating how soon they can start telegraphing an eventual interest rate hike, which could…
Oil prices fall as Omicron surge clouds demand
Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge…
MARKET UPDATE
Asia shares stumble on weak China data, U.S. dollar heavy Asian shares were dragged lower by weakness in Chinese economic data on Thursday although investors seemed relieved that U.S. inflation…
Is It Time to buy? Retail Investors Swoop In
U.S. retail investors have been dip-buyers so far in 2022, snapping up equities that funds have shed from their portfolios in light of a more hawkish Federal Reserve, but with…
MARKET UPDATE
Analysis-Buy the bounce? Investors watch valuations, technical levels to decide As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether…
U.S. reports 1.35 million COVID-19 cases in a day
The United States reported 1.35 million new coronavirus infections on Monday, according to a Reuters tally, the highest daily total for any country in the world as the spread of…
MARKET UPDATE
Nokia to exceed 2021 guidance Finnish telecoms equipment maker Nokia (NYSE:NOK) on Tuesday said it expected to exceed its 2021 earnings guidance. The company said for 2022 it expected a…
MARKET UPDATE
Oil prices edge up on Kazakhstan, Libyan supply worries Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise…
European Stock Futures Just Higher ahead of U.S key inflation data
European stock markets are expected to open marginally higher Monday, with investors wary at the start of a week that includes the release of key U.S. inflation data and comments…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 10th 2022 and January 14th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP : November 29 – December 3,2021
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data…
U.S. Posts Another NFP Miss
The U.S. economy posted fewer jobs than expected for a second straight month in December, but the government’s monthly report still pointed to ongoing inflationary pressures coming from the labor…
MARKET UPDATE
Bitcoin slumps to lowest since September Bitcoin on Friday slumped as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies.Bitcoin was…
European Stock Futures Higher ahead of Nonfarm Payrolls
Following the Federal Reserve Monetary Policy Meeting Minutes release, the US will publish the December Nonfarm Payrolls report. The country is expected to have added 400K new jobs positions after…
Bitcoin could hit $100k
Bitcoin could see further upside and a surge as high as $100,000 by the middle of 2022, according to Antoni Trenchey of the cryptocurrency lender Nexo also according to analysts…