MARKET UPDATE
Oil Prices Hover near 8-Mth Low as Recession Fears Dent Outlook Oil prices held near eight-month lows on Monday after falling sharply last week, as markets feared that slowing global…
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MARKET UPDATE
Oil prices edge down, recession fears back in focus Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns after…
WEEKLY MARKET RECAP: September 19 –September 23, 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…
Dollar Surges to Fresh 20-Year High on Hawkish Fed
The U.S. dollar jumped to a new 20-year high against a basket of currencies on Thursday, extending gains after the Federal Reserve raised interest rates and struck a more hawkish…
MARKET UPDATE
Asia FX Battered as Fed Rate Hikes, Russia Tensions Favour Dollar Asian currencies tumbled on Thursday, plumbing milestone lows as a Federal Reserve and fears of an escalating Russia-Ukraine conflict…
MARKET UPDATE
Dollar Soars as Putin Ramps up Tensions; Fed Meeting Looms The U.S. dollar rose in early European trading Wednesday, climbing near a 20-year high as Russian President Vladimir Putin raised…
MARKET UPDATE
Asia FX Muted, Dollar Steadies Ahead of Fed Meeting Asian currencies moved little on Tuesday, while the U.S. dollar steadied near 20-year highs as focus turned to an upcoming interest…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 19th, 2022, and September 23rd, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Chinese Yuan Tumbles after PBoC Rate Cut, Fed Fears Hit Asia FX China’s yuan sank further below key levels on Monday after more monetary easing in the country, while broader…
MARKET UPDATE
Oil ticks up, but on track for weekly loss on recession fears Oil prices edged higher on Friday but were on track for a weekly decline amid fears of sharp…
WEEKLY MARKET RECAP: September 12 –September 16, 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
Gas prices lift Norway’s August trade surplus to record Norway’s trade surplus rose to a record 197.7 billion Norwegian crowns ($19.54 billion) in August, boosted by soaring prices for its…
MARKET UPDATE
Chinese Yuan Leads Asia FX Losses on Sanctions Report, U.S. CPI Woes China’s yuan fell the most among Asian currencies on Wednesday following a report that the U.S. was considering…
MARKET UPDATE
Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation Most Asian currencies moved little on Tuesday, while the U.S. dollar curbed a recent losing streak as markets turned cautious…
MARKET UPDATE
Euro jumps to 3-week high amid hawkish ECB signals, dollar idles The euro jumped to a more than three-week peak versus the dollar on Monday, and sterling rose to the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 12th, 2022, and September 16th, 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: September 05 – September 09, 2022
WEEKLY MARKET RECAP: September 05 – September 09, 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a…
MARKET UPDATE
Natural Gas Buyers Hoarding Fuel at Sea to Prepare for winter Energy traders and power utilities are storing more liquefied natural gas at sea, an unusual move to hoard supply…
King dollar stomps on yen as U.S. yields rise
The dollar was lord of all it surveyed on Wednesday, at a fresh 24-year peak on the yen and retesting a 20-year high on the euro after U.S. economic data…
MARKET UPDATE
Bitcoin Falls Below $19K, Near 2022 Lows as Fed Jitters Weigh Bitcoin fell further below $19,000 on Wednesday, coming close to its lowest levels for the year as growing fears…