WEEKLY MARKET RECAP: September 26 –September 30, 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…
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MARKET UPDATE
Dollar Edges Lower; Sterling Bounces After GDP Surprise The U.S. dollar edged lower in early European trading Friday as sterling and the euro stabilized near one-week highs, helped by intervention…
MARKET UPDATE
Sterling slippery, stocks stalling as BoE boost fades Asian share markets rose on Thursday after Britain’s central bank launched an emergency bond buying programme to stabilise a furious sell-off in…
MARKET UPDATE
Oil Rebound Stalls as Recession Fears Outweigh Supply Crunch A rebound in oil prices appeared to be running out of fuel on Wednesday as fears of slowing short-term demand offset…
IMF criticises UK policy Bank of England to response
IMF criticises UK policy Bank of England to response The International Monetary Fund openly criticised Britain’s new economic strategy on Tuesday, following another slide in bond markets that forced the…
MARKET UPDATE
Oil prices claw back some losses as focus turns to possible supply cuts Asian currencies tumbled on Thursday, plumbing milestone lows as a Federal Reserve and fears of an escalating…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 26th, 2022, and September 30th, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Oil Prices Hover near 8-Mth Low as Recession Fears Dent Outlook Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global…
MARKET UPDATE
Oil prices edge down, recession fears back in focus Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns after…
WEEKLY MARKET RECAP: September 19 –September 23, 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…
Dollar Surges to Fresh 20-Year High on Hawkish Fed
The U.S. dollar jumped to a new 20-year high against a basket of currencies on Thursday, extending gains after the Federal Reserve raised interest rates and struck a more hawkish…
MARKET UPDATE
Asia FX Battered as Fed Rate Hikes, Russia Tensions Favour Dollar Asian currencies tumbled on Thursday, plumbing milestone lows as a Federal Reserve and fears of an escalating Russia-Ukraine conflict…
MARKET UPDATE
Dollar Soars as Putin Ramps up Tensions; Fed Meeting Looms The U.S. dollar rose in early European trading Wednesday, climbing near a 20-year high as Russian President Vladimir Putin raised…
MARKET UPDATE
Asia FX Muted, Dollar Steadies Ahead of Fed Meeting Asian currencies moved little on Tuesday, while the U.S. dollar steadied near 20-year highs as focus turned to an upcoming interest…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 19th, 2022, and September 23rd, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Chinese Yuan Tumbles after PBoC Rate Cut, Fed Fears Hit Asia FX China’s yuan sank further below key levels on Monday after more monetary easing in the country, while broader…
MARKET UPDATE
Oil ticks up, but on track for weekly loss on recession fears Oil prices edged higher on Friday but were on track for a weekly decline amid fears of sharp…
WEEKLY MARKET RECAP: September 12 –September 16, 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
Gas prices lift Norway’s August trade surplus to record Norway’s trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its…
MARKET UPDATE
Chinese Yuan Leads Asia FX Losses on Sanctions Report, U.S. CPI Woes China’s yuan fell the most among Asian currencies on Wednesday following a report that the U.S. was considering…