MARKET UPDATE
Oil prices inch higher as U.S. fuel inventories fall, dollar weakens Oil prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite…
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MARKET UPDATE
Dollar sags below 20-year peak as euro lifted by ECB bets The dollar struggled to regain momentum on Tuesday after being beaten back from a two-decade high versus major peers…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 29th 2022 and September 2nd 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar hits 20-year high as Fed flags higher rates for longer The U.S dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair…
WEEKLY MARKET RECAP: August 22, –August 26, 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 prices rise on signs of improving demand, gain 3% on week Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains…
Asian Currencies Edge Higher as Dollar Dips
Most Asian currencies rose slightly on Thursday, benefiting from weakness in the dollar as traders awaited more cues on monetary policy from Federal Reserve Chair Jerome Powell this week. The…
MARKET UPDATE
Asian Stocks Rise, Major Chinese Earnings Awaited Asian stock markets rose on Thursday, tracking overnight gains in Wall Street as investors awaited more cues on U.S. monetary policy, while focus…
MARKET UPDATE
Chinese Property Stocks Drop as Weak Earnings Point to More Pain Major Chinese real estate stocks listed in Hong Kong and the mainland fell on Wednesday after a batch of…
MARKET UPDATE
Euro falls to fresh two-decade low, dollar exudes strength The euro dropped to a fresh two-decade trough on Tuesday as Europe was buffeted by concerns about energy supply and economic…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 22nd, 2022, and August 26th, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Chinese Yuan Hits Near 2-Yr Low, Asia FX Hit by Fed Jitters The Chinese yuan sank to a near two-year low on Monday after the People’s Bank cut lending rates…
WEEKLY MARKET RECAP: August 15 –August 19 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
Chinese Yuan Hits near 2-Year Low as Recession Fears, Fed Risks Weigh China’s yuan sank to a near two-year low to the dollar on Friday, as concerns over slowing growth…
MARKET UPDATE
Asian FX Falls on Rate Risks, Yuan Rattled by Real Estate Woes Most Asian currencies fell on Thursday as investors digested mixed signals from the U.S. Federal Reserve on its…
Asia shares ease, dollar holds firm after Fed minutes
Asian shares fell on Thursday, tracking Wall Street’s losses as the U.S. Federal Reserve looked set to maintain its path of interest rate hikes, although signs it may be less…
MARKET UPDATE
Oil prices turn more volatile as investors exit the market Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the…
MARKET UPDATE
Dollar Edges Higher; Recession Fears Boost Safe Haven The U.S. dollar edged higher in early European trade Tuesday, remaining near a one-week high as global recession fears prompted demand for…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 15th 2022 and August 19th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Edges Higher; Sterling Weak after GDP Fall The U.S. dollar edged higher in early European trade Friday, rebounding to a degree after a two-day selloff as weaker than expected…