MARKET UPDATE
Analysis-Buy the bounce? Investors watch valuations, technical levels to decide As stocks attempt to climb back from a brutal sell-off, investors are watching a variety of metrics to decide whether…
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U.S. reports 1.35 million COVID-19 cases in a day
The United States reported 1.35 million new coronavirus infections on Monday, according to a Reuters tally, the highest daily total for any country in the world as the spread of…
MARKET UPDATE
Nokia to exceed 2021 guidance Finnish telecoms equipment maker Nokia (NYSE:NOK) on Tuesday said it expected to exceed its 2021 earnings guidance. The company said for 2022 it expected a…
MARKET UPDATE
Oil prices edge up on Kazakhstan, Libyan supply worries Oil prices edged up on Monday as supply disruptions in Kazakhstan and Libya offset worries stemming from the rapid global rise…
European Stock Futures Just Higher ahead of U.S key inflation data
European stock markets are expected to open marginally higher Monday, with investors wary at the start of a week that includes the release of key U.S. inflation data and comments…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 10th 2022 and January 14th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP : November 29 – December 3,2021
Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data…
U.S. Posts Another NFP Miss
The U.S. economy posted fewer jobs than expected for a second straight month in December, but the government’s monthly report still pointed to ongoing inflationary pressures coming from the labor…
MARKET UPDATE
Bitcoin slumps to lowest since September Bitcoin on Friday slumped as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies.Bitcoin was…
European Stock Futures Higher ahead of Nonfarm Payrolls
Following the Federal Reserve Monetary Policy Meeting Minutes release, the US will publish the December Nonfarm Payrolls report. The country is expected to have added 400K new jobs positions after…
Bitcoin could hit $100k
Bitcoin could see further upside and a surge as high as $100,000 by the middle of 2022, according to Antoni Trenchey of the cryptocurrency lender Nexo also according to analysts…
MARKET UPDATE
Japan’s consumer confidence slightly worsens in Dec – govt Japan’s consumer confidence fell slightly in December, the government said on Wednesday, as domestic COVID-19 cases started rising towards the end…
Oil prices dip ahead of OPEC+ output policy meeting
Oil prices surrendered earlier gains on Tuesday as investors embraced expectations that major oil producers will confirm a plan to add supply later on Tuesday amid diminishing concerns over the…
MARKET UPDATE
China central bank launches digital yuan wallet apps for Android, iOS China has released pilot versions of its digital yuan wallet application on mobile phone app stores as the country’s…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 03rd 2022 and January 7th 2022, where we take a look at the economic data, market news and…
MARKET UPDATE
Turkey inflation surges 36% amid lira crisis, highest since 2002 Turkey’s annual inflation jumped far more than expected to 36.08% year-on-year in December, the highest since September 2002, data showed…
Oil rally hits Omicron demand roadblock
There has been no looking back for crude oil since prices plunged briefly below $0 in spring 2020. The energy counter has made a strong comeback since then and sustained…