WEEKLY MARKET RECAP: July 04 – July 08, 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…
Read more
MARKET UPDATE
Oil Up on Supply Concerns after Declining During Previous Two Sessions Oil was up on Thursday morning in Asia on supply concerns, after falling during the previous two sessions. “Oil…
MARKET UPDATE
Dollar Up over Renewed Recession Fears The dollar was up on Wednesday morning in Asia as renewed recession fears sent investors to safe-haven currencies. The U.S. Dollar Index that tracks…
MARKET UPDATE
Gold edges up as economic worries lend support Gold prices rose marginally on Tuesday, buoyed by economic growth concerns, although an elevated dollar and impending interest rate hikes kept gains…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 4th 2022 and July 8th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Down, Growth Fears Continue to Spread The dollar was down on Monday morning in Asia, but moves were small as growth fears continued to stalk markets. The U.S. Dollar…
WEEKLY MARKET RECAP: June 27 – July 1, 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
Euro bruised as inflation fears send safety-seeking investors to dollar The euro struggled to regain its footing on Thursday after tumbling overnight against a resurgent U.S. dollar, which benefited from…
Oil Rises on Growing Concerns About Supply Tightness
Oil was up on Thursday morning in Asia as concerns about global supply tightness outweighed a build in U.S. gasoline and distillate inventories. Brent oil futures rose 0.36% to $112.84…
MARKET UPDATE
Dollar Gains on Soaring Yields; Sterling Slumps on Political Strife Oil prices gained for a fourth straight session on Wednesday with tight supply worries offsetting concerns about a weaker global…
MARKET UPDATE
Euro below $1.06 as Lagarde keeps July policy options open The Aussie and the Canadian dollar climbed on Tuesday on firmer oil prices while the euro held below $1.06 as…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 27th, 2022, and July 1st 2022, where we take a look at the economic data, market news…
MARKET UPDATE
27/06/2022 Dollar Down over Recession Fears The dollar was down on Monday morning in Asia over recession fears following weakening U.S. consumer confidence. The U.S. Dollar Index that tracks the…
MARKET UPDATE
Dollar Edges Lower as Investors Weigh Powell Testimony The U.S. dollar slipped slightly on Friday, as investors remained cautious of the impact of tighter central bank policies around the world…
Oil heads for second weekly drop on recession fears
Oil prices slipped on Friday and were heading for a second weekly fall, as tight supply was overshadowed by concern that rising interest rates could push the world economy into…
WEEKLY MARKET RECAP: June 20 – June 24, 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 languishes as recession fears mount; yen bounces while won slides The U.S. dollar remained under pressure on Thursday as it looked set to extend declines against major peers to…
MARKET UPDATE
Dollar Gains Ahead of Powell’s Testimony; U.K. CPI Hits 40-Year High The U.S. dollar pushed higher in early European trade Wednesday with Fed Chair Jerome Powell expected to talk tough…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 20th 2022 and June 24th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Soars Against the Yen After BOJ Stands Pat The U.S. dollar rose in early European trade Friday, posting strong gains against the Japanese yen after the Bank of Japan…