MARKET UPDATE
Indian rupee’s worst behind it; inflows crucial in 2023 The Indian rupee is likely to hold in a tight range in the early part of 2023 but the worst is…
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WEEKLY MARKET RECAP: December 26 – December 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…
MARKET UPDATE
Oil dips as China COVID spike dampens demand outlook Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the…
Dollar adrift as optimism over China reopening turns to caution
The dollar pared some gains on Thursday after riding long-end U.S. Treasury yields higher overnight, though investors remained on edge going into the year end as initial optimism over China’s…
MARKET UPDATE
Asian shares muted as investors fret over China reopening Asian equities swung between losses and gains in choppy trading on Wednesday as investors looked for direction after China took further…
MARKET UPDATE
Dollar slips as risk appetite rises The dollar moved broadly lower on Tuesday, while Australia’s and New Zealand’s currencies climbed with a rise in risk appetite after China said it…
MARKET UPDATE
Oil rises $1 on Russian supply worries, U.S. storm impact eyed Oil prices rose more than $1 on Friday on expectations of a drop in Russian crude supply, which helped…
WEEKLY MARKET RECAP: December 19 – December 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…
MARKET UPDATE
Asia FX rises ahead of PCE data Most Asian currencies rose on Thursday while the dollar retreated further ahead of key economic data that is expected to provide more cues…
Two Bankman-Fried associates plead guilty to fraud as FTX founder heads to U.S
FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on a U.S.-bound flight to face fraud charges as federal prosecutors announced that two of his former associates had pleaded guilty…
MARKET UPDATE
Oil rises past U.S. storm jitters as inventories shrink Oil prices crept higher on Wednesday as data signalled a bigger-than-expected weekly draw in U.S. inventories, although concerns over adverse weather…
MARKET UPDATE
Japanese yen rallies to 4-month high on BoJ policy tweak, Asia FX slips Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese…
MARKET UPDATE
Asia FX muted, yen supported by bets on eventual BoJ pivot Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between December 19th 2022 and December 23rd 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar pares safe-haven gains on road to weekly loss The safe-haven dollar slipped on Friday, giving back some of the previous session’s strong gains, as traders continued to digest the…
WEEKLY MARKET RECAP: December 12 – December 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
Dollar gains as Fed flags more rate hikes ahead The dollar climbed broadly on Thursday after the Federal Reserve raised interest rates by a widely-expected half a percentage point overnight,…
MARKET UPDATE
Oil rally stalls on surprise U.S. inventory build, Fed in focus Oil prices fell slightly on Wednesday after three sessions of stellar gains as data pointed to an unexpected build…
MARKET UPDATE
Oil climbs as shut pipeline in U.S. adds to supply uncertainty Oil extended gains on Tuesday as a key pipeline bringing the resource to the United States remained shut, adding…
Options traders brace for big swings as U.S. CPI data, Fed meeting loom
Options traders are bracing for a week of swings in U.S. stocks ahead of key inflation data, the Federal Reserve’s last policy meeting of 2022 and the final monthly options…