MARKET UPDATE
Oil struggles to recover as economic outlook darkens Oil prices fell further on Friday after wiping out all of their gains for the week, as disappointing economic signals from China…
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Australia’s trade minister seeks end to trade curbs on visit to Beijing
Australia’s Trade Minister arrived in Beijing on Thursday, where he will meet his Chinese counterpart, as Canberra pushes for the removal of all trade impediments and diplomatic relations stabilise. Trade…
MARKET UPDATE
Oil prices climb on positive US fuel demand data Oil prices bounced back on Thursday after dropping by more than a dollar a barrel the previous day, supported by stronger…
MARKET UPDATE
Asia FX muted, dollar steadies as inflation data looms Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar steadied amid caution before key U.S. inflation data…
MARKET UPDATE
Oil prices ease in cautious trade ahead of U.S. inflation data Oil prices fell on Tuesday, relinquishing some of the strong gains in the previous two sessions while the market…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between May 8ths 2023 and May 12th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar under pressure as traders wait on loans data The dollar began the week under pressure on Monday, with traders betting it might have peaked along with U.S. interest rates…
WEEKLY MARKET RECAP: May 01 –May 05, 2023
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
Asia FX rises, Dollar retreats ahead of nonfarm payrolls Most Asian currencies advanced on Friday, capitalizing on sustained weakness in the dollar as markets bet on a potential pause in…
Dollar retreats after Fed meeting
The U.S. dollar retreated in early European trade Thursday, continuing the previous session’s selloff after the Federal Reserve signalled a pause to its year-long tightening cycle after its latest interest…
MARKET UPDATE
Asia FX firms, dollar slides on bets of Fed pause Most Asian currencies strengthened on Thursday, while the dollar extended steep overnight losses as a warning on economic growth and…
MARKET UPDATE
Gold firms above $2,000 as bank rout boost safe havens Gold prices moved little in early Asian trade on Wednesday but were underpinned by increased safe haven demand amid renewed…
MARKET UPDATE
Oil moves little as markets awaits more Fed cues Oil prices kept to a tight range in early Asian trade on Tuesday as markets hunkered down before a widely expected…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between May 1st 2023 and May 5th 2023, where we take a look at the economic data, market news…