MARKET UPDATE
BOJ stands its ground on benchmark yield as global rates pressure builds Japan’s central bank stepped up efforts on Wednesday to keep a key bond yield below a red line,…
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MARKET UPDATE
UniCredit CEO’s pay draws fresh criticism from investor advisers Leading investor advisory firms have again raised concerns over the salary of UniCredit CEO Andrea Orcel, with one recommending for a…
Asian shares gain as BOJ defends stance
Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan (BOJ) defended its ultra-easy monetary policy stance, while oil slid on fears of lower demand from…
MARKET UPDATE
Tesla suspends Shanghai factory output for four days on COVID curbs U.S. automaker Tesla (NASDAQ:TSLA) is suspending production at its Shanghai factory for four days after the financial hub said…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 28th 2022 and April 1st 2022, where we take a look at the economic data, market news…
MARKET UPDATE
UK retail sales fall as online spending drops, fuel prices pinch British retail sales unexpectedly fell in February as online shopping sank back to its levels at the start of…
WEEKLY MARKET RECAP: March 21 – March 25, 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
Gold Up, Remains Little Changed with Strong Dollar Offsetting Ukraine Concerns Gold was up on Thursday morning in Asia. The U.S. currency remained unchanged as the dollar was up and…
MARKET UPDATE
Dollar flat as Biden carries new sanction plans to Europe The dollar was flat against major peers on Wednesday as the boost from the U.S. Federal Reserve’s aggressive stance early…
Fed will raise rates more aggressively if needed
Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move “expeditiously” to raise rates…
MARKET UPDATE
Yen slides through 120 as U.S. hike path steepens The dollar was buttressed by new bets on U.S. rate hikes on Tuesday, while investors unloaded yen and sent it spearing…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 21st 2022 and March 25th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: March 14 – March 18, 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
Rouble stabilises near 104 vs dollar ahead of cenbank rate meeting The Russian rouble eased slightly in light trading in Moscow on Friday, heading towards a psychologically important threshold of…
MARKET UPDATE
Asian stocks rally as fears ease over Ukraine, Fed and China Hong Kong led strong gains in Asian stock markets on Thursday, buoyed by signs of progress in peace talks…
MARKET UPDATE
Japan Inc hikes pay by more than 2%, not enough for a big economic boost Japan’s top firms have offered pay rises of more than 2% at annual wage talks…
MARKET UPDATE
French companies must implement sanctions against Russia French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union…
Oil tumbles to 2-week low on Ukraine talks
Oil prices extended losses on Tuesday, sliding to a two-week low as ceasefire talks between Russia and Ukraine eased fears of further supply disruptions and surging COVID-19 cases in China…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 14th 2022 and March 18th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Oil falls on talks to end Ukraine war and ahead of Fed meeting Oil prices shed as much as $4 a barrel on Monday, extending last week’s decline as diplomatic…