MARKET UPDATE
Oil prices ease on symbolic OPEC+ output cut Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels…
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MARKET UPDATE
Chinese Yuan Hits 2-Yr Low on Renewed COVID Fears The Chinese yuan sank to a two-year low on Monday after the country introduced new COVID-19 restrictions in Chengdu, while mixed…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 5th 2022, and September 9th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Edges Lower Ahead of Payrolls; Yen Under Pressure The U.S. dollar edged lower in early European trade Friday but remained near a two-decade high ahead of the widely watched…
WEEKLY MARKET RECAP: August 29 – September 02, 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 firms seek U.S. mediation to defuse Iraq-Kurdistan tensions Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government…
Oil drops on fears over weaker demand
Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would slow economies and dent fuel demand, while renewed restrictions to curb COVID-19…
MARKET UPDATE
Oil prices inch higher as U.S. fuel inventories fall, dollar weakens Oil prices recovered slightly on Wednesday as data pointed to firm fuel demand in the United States, providing respite…
MARKET UPDATE
Dollar sags below 20-year peak as euro lifted by ECB bets The dollar struggled to regain momentum on Tuesday after being beaten back from a two-decade high versus major peers…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 29th 2022 and September 2nd 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar hits 20-year high as Fed flags higher rates for longer The U.S dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair…
WEEKLY MARKET RECAP: August 22, –August 26, 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 prices rise on signs of improving demand, gain 3% on week Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains…
Asian Currencies Edge Higher as Dollar Dips
Most Asian currencies rose slightly on Thursday, benefiting from weakness in the dollar as traders awaited more cues on monetary policy from Federal Reserve Chair Jerome Powell this week. The…
MARKET UPDATE
Asian Stocks Rise, Major Chinese Earnings Awaited Asian stock markets rose on Thursday, tracking overnight gains in Wall Street as investors awaited more cues on U.S. monetary policy, while focus…
MARKET UPDATE
Chinese Property Stocks Drop as Weak Earnings Point to More Pain Major Chinese real estate stocks listed in Hong Kong and the mainland fell on Wednesday after a batch of…
MARKET UPDATE
Euro falls to fresh two-decade low, dollar exudes strength The euro dropped to a fresh two-decade trough on Tuesday as Europe was buffeted by concerns about energy supply and economic…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 22nd, 2022, and August 26th, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Chinese Yuan Hits Near 2-Yr Low, Asia FX Hit by Fed Jitters The Chinese yuan sank to a near two-year low on Monday after the People’s Bank cut lending rates…
WEEKLY MARKET RECAP: August 15 –August 19 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…