MARKET UPDATE
European Stock Futures Largely Lower; Russia Sanctions, Fed Minutes in Focus European stock markets are expected to open largely lower Wednesday ahead of the likely imposition of new Western sanctions…
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U.S. Stops Russian Bond Payments
The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at American banks, in a move meant…
MARKET UPDATE
Oil rally limits losses for European shares European shares were trading flat on Tuesday, as a rally in oil prices on the prospect of more sanctions against crude exporter Russia…
MARKET UPDATE
Gold slips as dollar, yields strengthen on robust U.S. jobs data Gold prices fell on Monday as the dollar and Treasury yields firmed after a solid U.S. payrolls report raised…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between April 4th 2022 and April 8th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: March 28 – April 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
Gold Down, Dollar Strengthens Ahead of Latest U.S. Jobs Report Gold was down on Friday morning in Asia, widening its weekly losses. A stronger dollar outweighed safe-haven demand driven by…
MARKET UPDATE
BOJ stands its ground on benchmark yield as global rates pressure builds Japan’s central bank stepped up efforts on Wednesday to keep a key bond yield below a red line,…
MARKET UPDATE
UniCredit CEO’s pay draws fresh criticism from investor advisers Leading investor advisory firms have again raised concerns over the salary of UniCredit CEO Andrea Orcel, with one recommending for a…
Asian shares gain as BOJ defends stance
Japanese shares led gains in Asian stocks on Tuesday as the Bank of Japan (BOJ) defended its ultra-easy monetary policy stance, while oil slid on fears of lower demand from…
MARKET UPDATE
Tesla suspends Shanghai factory output for four days on COVID curbs U.S. automaker Tesla (NASDAQ:TSLA) is suspending production at its Shanghai factory for four days after the financial hub said…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 28th 2022 and April 1st 2022, where we take a look at the economic data, market news…
MARKET UPDATE
UK retail sales fall as online spending drops, fuel prices pinch British retail sales unexpectedly fell in February as online shopping sank back to its levels at the start of…
WEEKLY MARKET RECAP: March 21 – March 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
Gold Up, Remains Little Changed with Strong Dollar Offsetting Ukraine Concerns Gold was up on Thursday morning in Asia. The U.S. currency remained unchanged as the dollar was up and…
MARKET UPDATE
Dollar flat as Biden carries new sanction plans to Europe The dollar was flat against major peers on Wednesday as the boost from the U.S. Federal Reserve’s aggressive stance early…
Fed will raise rates more aggressively if needed
Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move “expeditiously” to raise rates…
MARKET UPDATE
Yen slides through 120 as U.S. hike path steepens The dollar was buttressed by new bets on U.S. rate hikes on Tuesday, while investors unloaded yen and sent it spearing…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 21st 2022 and March 25th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: March 14 – March 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…