Dollar weakens in wake of CPI release
The U.S. dollar edged lower in early European trade Friday, continuing the previous session’s selloff after cooling U.S. inflation opened the way for the Federal Reserve to ease the pace…
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MARKET UPDATE
Asia FX steadies before U.S. CPI data, dollar nears 7-month low Most Asian currencies crept higher on Thursday and the dollar fell in anticipation of data showing a further easing…
MARKET UPDATE
Asian shares touch six-month high, focus firmly on U.S. CPI data Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation…
MARKET UPDATE
Oil slips on concerns higher interest rates to crimp demand Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world’s biggest oil…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 9th, 2023, and January 13th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Goldman Sachs to cut about 3,200 jobs this week after cost review Goldman Sachs Group Inc (NYSE:GS) will start one of its biggest rounds of job cuts ever, as it…
MARKET UPDATE
Asian stocks surge on China recovery bets, smaller Fed rate hikes Most Asian stock markets rallied on Thursday after the minutes of the Federal Reserve’s December meeting pointed to smaller…
Russian rouble up vs dollar, euro in light trade
The Russian rouble showed positive dynamics against the dollar and the euro amid a rebound in oil prices in thin holiday trading on Thursday. At 0711 GMT the rouble gained…
MARKET UPDATE
Dollar hands back gains ahead of release of Federal Reserve minutes The U.S. dollar weakened Wednesday, handing back some of the previous session’s outsized gains, with traders looking for fresh…
MARKET UPDATE
Yen scales seven-month high on BOJ policy shift hopes The yen spiked to a seven-month high against the U.S. dollar on Tuesday on rising expectations that the Bank of Japan…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 2nd 2023 and January 6th 2023, where we take a look at the economic data, market news…