MARKET UPDATE
Oil rises on U.S. inventory draw, but China fears spur steep monthly loss Oil prices rose further on Wednesday after data pointed to a large weekly drawdown in U.S. crude…
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Volatility in yuan spurs bets China will widen its band
As macroeconomic risks induce unprecedented levels of volatility in China’s yuan, investors are betting that authorities may widen the currency’s tight trading band for first time since 2014 to allow…
MARKET UPDATE
Asia FX shrugs off hawkish Fedspeak, China in focus Most Asian currencies recovered sharply from recent losses on Tuesday despite hawkish signals from the Federal Reserve, with focus remaining squarely…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 28th, 2022, and December 2nd, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar rises, yuan slumps as China’s COVID unrest spooks markets The dollar climbed on Monday as protests in China against the government’s anti-COVID policies made investors turn away from riskier…
MARKET UPDATE
Oil up amid wrangling over Russian oil price cap Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and…
Dollar set for weekly loss as investors brace for slower Fed rises
The U.S. dollar stood close to a three-month low and was headed for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening as…
WEEKLY MARKET RECAP: November 21 – November 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
Dollar drops as risk appetite improves after Fed minutes The U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate…
MARKET UPDATE
Oil prices steady as China demand concerns offset drop in U.S. crude stocks Oil prices were steady on Wednesday as concerns about lower fuel demand from China amid tightening COVID-19…
MARKET UPDATE
Dollar gains as China COVID worries spur safe haven buying The U.S. dollar was firmly higher against major currencies on Monday, while China’s yuan slipped as sentiment was soured by…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 21st, 2022, and November 25th, 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: November 14 – November 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
Gold pressured by hawkish Fed, copper slammed by China COVID woes Gold prices rose slightly on Friday but were set to end the week lower as hawkish comments from Federal…
ECB to begin great cash mop-up as banks repay billions in loans
The European Central Bank is set to begin on Friday the biggest withdrawal of cash from the euro zone’s banking system in its history, as it gives banks a first…
MARKET UPDATE
Asia FX slumps, dollar steadies as Poland strike sours sentiment Most Asian currencies sank on Wednesday as a potential Russian missile strike on Poland drove investors away from risk-driven assets,…
MARKET UPDATE
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder…
WEEKLY ECONOMIC CALENDAR AHEAD
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between November 14th 2022 and November 18th 2022, where we take a look at the…
MARKET UPDATE
As regulators scrutinise FTX, investor focus swings to Crypto.com The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants…
MARKET UPDATE
WEEKLY MARKET RECAP: November 7 –November 11 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus…