WEEKLY MARKET RECAP: November 21 – November 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…
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MARKET UPDATE
Dollar drops as risk appetite improves after Fed minutes The U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate…
MARKET UPDATE
Oil prices steady as China demand concerns offset drop in U.S. crude stocks Oil prices were steady on Wednesday as concerns about lower fuel demand from China amid tightening COVID-19…
MARKET UPDATE
Dollar gains as China COVID worries spur safe haven buying The U.S. dollar was firmly higher against major currencies on Monday, while China’s yuan slipped as sentiment was soured by…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 21st, 2022, and November 25th, 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: November 14 – November 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…
MARKET UPDATE
Gold pressured by hawkish Fed, copper slammed by China COVID woes Gold prices rose slightly on Friday but were set to end the week lower as hawkish comments from Federal…
ECB to begin great cash mop-up as banks repay billions in loans
The European Central Bank is set to begin on Friday the biggest withdrawal of cash from the euro zone’s banking system in its history, as it gives banks a first…
MARKET UPDATE
Asia FX slumps, dollar steadies as Poland strike sours sentiment Most Asian currencies sank on Wednesday as a potential Russian missile strike on Poland drove investors away from risk-driven assets,…
MARKET UPDATE
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder…
WEEKLY ECONOMIC CALENDAR AHEAD
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between November 14th 2022 and November 18th 2022, where we take a look at the…
MARKET UPDATE
As regulators scrutinise FTX, investor focus swings to Crypto.com The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants…
MARKET UPDATE
WEEKLY MARKET RECAP: November 7 –November 11 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus…
MARKET UPDATE
Oil rises on dovish CPI, but recession fears spell weekly losses Oil prices rose on Friday after softer-than-expected U.S. inflation data ramped up hopes of smaller interest rate hikes by…
MARKET UPDATE
Oil steadies as traders await direction from U.S. inflation data Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the…
Crypto’s FTX CEO looking at all options as Binance deal collapses
FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal between…
MARKET UPDATE
Cryptos attempt to steady as Binance-FTX deal chills market Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability…
MARKET UPDATE
Japan foreign reserves fall for third month after intervention Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 7th 2022 and November 11th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar rises as China defends stringent COVID policy, dampening risk The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing…