MARKET UPDATE
Dollar stabilizes ahead of PCE inflation data. The U.S. dollar stabilized in early European trade Thursday, after hefty losses this week as signs of a cooling U.S. economy pointed to…
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MARKET UPDATE
Dollar stabilizes after weak JOLTS data. The U.S. dollar edged higher in early European trade Wednesday, stabilizing after the previous session’s sharp declines as investors look for clues on the…
Grayscale marks victory against SEC in spot ETF case
A U.S. appeals court ruled in Favor of crypto investment firm Grayscale in its case against the Securities and Exchange Commission (SEC) over the proposed listing of an exchange-traded fund…
MARKET UPDATE
Dollar edges lower ahead of hefty data dump. The U.S. dollar edged lower in early European trade Tuesday, retreating from near three-month highs ahead of the release of a slew…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 28th, 2023, and September 01st 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX flat as markets weigh Fed outlook. Most Asian currencies moved little on Monday as markets weighed hawkish yet somewhat reiterative comments on monetary policy from the Federal Reserve,…
WEEKLY MARKET RECAP: August 21 – August 25, 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 dips, dollar at over 2-mth high. Most Asian currencies fell on Friday, while the dollar surged to two-month peaks as markets hunkered down ahead of more signals on…
European stock futures mostly lower, German GDP flat
European stock markets are expected to open largely lower Friday, following the weak lead from Wall Street overnight ahead of more monetary policy cues from the Jackson Hole Symposium. At…
MARKET UPDATE
Asia FX rises as dollar, yields cool on weak PMI data. Most Asian currencies rose on Thursday, taking some relief from weakness in the dollar and Treasury yields as focus…
MARKET UPDATE
Asia FX ticks higher, dollar steadies. Most Asian currencies rose slightly on Wednesday tracking some signs of economic resilience in the region, while the dollar steadied near two-month highs ahead…
MARKET UPDATE
Asia FX edges higher as dollar dips. Most Asian currencies rose on Tuesday, taking some relief as the dollar retreated from two-month peaks, while government intervention helped the yuan rise…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 21st, 2023, and August 25th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX sinks, yuan near 1-yr low. Most Asian currencies fell on Monday, with China’s yuan leading losses after a smaller-than-expected cut from the People’s Bank, while anticipation of more…
WEEKLY MARKET RECAP: August 14–August 18, 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 gains as dollar dips from 2-mth high. Most Asian currencies rose slightly on Friday, recovering a measure of steep losses this week as the dollar retreated from two-month…
MARKET UPDATE
Asia FX dips on Fed concerns. Most Asian currencies fell on Thursday after the minutes of the Federal Reserve’s July meeting presented a hawkish outlook on interest rates, while the…
MARKET UPDATE
Asia FX weakens on U.S. rate hike fears. Most Asian currencies fell on Wednesday as strong U.S. economic readings raised concerns over the Federal Reserve having enough room to keep…
Oil nudges up as China cuts policy rates to support economy
Oil prices edged higher on Tuesday as China unexpectedly cut key policy rates for the second time in three months to shore up a sputtering economic recovery, but sluggish economic…
MARKET UPDATE
Dollar just below new one-month high. The U.S. dollar edged lower in early European trade Tuesday, but remained near recent highs, while the Chinese yuan saw volatile trading after the…