MARKET UPDATE
Dollar Down on View Fed to Slow Hikes The dollar was down on Friday morning in Asia as investors bet on slower hikes from the U.S. Federal Reserve. “Lower yields…
Dollar Down on View Fed to Slow Hikes The dollar was down on Friday morning in Asia as investors bet on slower hikes from the U.S. Federal Reserve. “Lower yields…
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…
The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors’ worries about continued aggressive monetary tightening. The U.S. currency sank…
Oil extends gains as risk appetite improves, U.S. inventories fall Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite…
Deutsche Bank extends profit streak in Q2 but warns on economy Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit on Wednesday as investment banking revenues rose, though the…
Dollar Down Despite a Potential U.S. Interest Rate Hike The dollar was down on Tuesday morning in Asia ahead of the U.S. Federal Reserve policy decision. A 50bp hike from…
Euro Edges Lower Against Dollar Ahead of Key Fed Decision The euro edged lower against the dollar on Monday, as investors weighed the potential size of an expected Federal Reserve…
Here is what you need to know about the important news between July 25th, 2022, and July 29th 2022, where we take a look at the economic data, market news…
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…
European Gas Futures Fall to 3-Week Low as Nord Stream Reopens European natural gas futures fell to their lowest in three weeks as Russia resumed shipments to Germany, allaying fears…
Cryptoverse: Holding your breath for a bitcoin bounce If you’re waiting for a bitcoin recovery, you may have to sweat it out for months. That’s the conclusion of some technical…
Dollar Edges Lower; Euro Above Parity Ahead of ECB Meeting The U.S. dollar edged lower in early European trade Monday, nudging down from multi-year highs, while the euro climbed away…
Here is what you need to know about the important news between July 18th, 2022 and July 22nd 2022, where we take a look at the economic data, market news…
The U.S. dollar edged higher in early European trade Friday but remained below its recent two-decade peak after expectations of a huge interest rate hike in July receded. At 3…
Oil rises on prospects of less aggressive U.S. rate hike Oil prices rose on Friday amid prospects of a less aggressive U.S. rate hike, although worries about a recovery in…
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…
U.S. gasoline prices are finally falling After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the…
Global regulators back ‘same risk, same regulation’ for stable coins Major stable coins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening…
Here is what you need to know about the important news between July 11th 2022 and July 15th 2022, where we take a look at the economic data, market news…
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…