MARKET UPDATE
Oil slides to near 2-week lows as Shanghai lockdowns stoke demand worries Oil prices slumped to near two-week lows on Monday, extending losses from last week, as concerns grew that…
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WEEKLY MARKET RECAP: April 18 – April 22, 2022
WEEKLY MARKET RECAP: April 18 – April 22, 2022 Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a…
MARKET UPDATE
Oil prices set for 4% weekly decline on demand concerns Oil prices extended losses on Friday, heading for a 4% weekly drop and burdened by the prospect of rate hikes,…
MARKET UPDATE
Japan flags yen’s ‘somewhat rapid’ falls to G7 Japan explained to its G7 counterparts the yen’s recent “somewhat rapid” declines, finance minister Shunichi Suzuki said on Thursday, underscoring Tokyo’s growing…
MARKET UPDATE
European shares rebound on earnings boost European shares climbed on Wednesday after positive earnings reports from food and beverage companies, although worries over the Ukraine war, slowing growth and rising…
Japan Finance Minister makes most explicit warning against yen slump
Japanese Finance Minister Shunichi Suzuki said on Tuesday the damage to the economy from a weakening yen at present is greater than the benefits accruing to it, making the most…
MARKET UPDATE
Dollar Edges Higher; Climbs to 20-Year High Versus Yen The U.S. dollar edged higher in early European trade Tuesday, climbing to a 20-year high against the Japanese yen, as U.S.…
MARKET UPDATE
BOJ’s Kuroda warns recent yen moves ‘quite sharp’, may hurt businesses Bank of Japan Governor Haruhiko Kuroda said on Monday the yen’s recent moves have been “quite sharp” and could…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between April 18th 2022 and April 23rd 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Japan’s cenbank is not aiming to manipulate currency, PM says Japanese Prime Minister Fumio Kishida said the central bank’s monetary policy is aimed at achieving its 2% inflation target, not…
WEEKLY MARKET RECAP: April 11 – April 15, 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 on course for weekly gain as Ukraine, inflation boost safe-haven bids Gold traded flat on Thursday, but prices were set for a second consecutive weekly gain as the Ukraine…
MARKET UPDATE
Asian shares gain as U.S. inflation data not as bad as some feared Asian shares and U.S. futures rose on Wednesday as U.S. inflation figures were not as high as…
European Stock Futures Lower
European stock markets are expected to open lower Tuesday, with investors wary ahead of the release of key economic data while the ongoing Ukraine conflict looks set to intensify. Global…
MARKET UPDATE
Sri Lanka to temporarily suspend foreign debt payments – c. bank governor Sri Lanka will temporarily suspend foreign debt payments to avoid a hard default, the central bank governor said…
MARKET UPDATE
Dollar Edges Higher as Yields Rise; Euro Receives Macron Boost The U.S. dollar edged higher in early European trade Monday, helped by continued strength of U.S. bond yields, while the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between April 11th 2022 and April 15th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Oil prices drift lower, set for 3% weekly fall due to massive stocks release Oil prices drifted lower on Friday and were set to drop around 3% for the week…
WEEKLY MARKET RECAP: April 04 – April 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…
MARKET UPDATE
Oil rises from 3-week low as supply concerns linger Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations announced a huge release…