MARKET UPDATE
Asia FX rally stalls on China weakness. Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the dollar steadied from recent losses…
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MARKET UPDATE
Asia FX rises on Fed pivot hopes. Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut…
MARKET UPDATE
Asia FX rises as easing Fed fears put dollar at 3-month low. Most Asian currencies advanced on Tuesday amid growing conviction that the Federal Reserve was done raising interest rates,…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 27th, 2023, and December 01th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX inches lower, dollar steady. Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders hunkered down before a string of key economic readings due this…
MARKET UPDATE
Asia FX muted, dollar subdued with U.S. PMIs in sight. Asian currencies kept to a tight range on Friday, while the dollar moved little as a U.S. market holiday made…
MARKET UPDATE
Asia FX muted, dollar firms amid rate uncertainty. Most Asian currencies kept to a tight range on Thursday as some signs of resilience in the U.S. labor market pushed up…
MARKET UPDATE
Asia FX cools as Fed help stall dollar losses. Most Asian currencies moved little on Wednesday, while the dollar stemmed recent declines after the minutes of the Federal Reserve’s late-October…
MARKET UPDATE
Asia FX surges as dollar plumbs. Most Asian currencies rose sharply on Tuesday as easing concerns over higher U.S. interest rates spurred heavy losses in the dollar, with focus now…
Oil rises on expectations of further supply cuts
Oil futures rose more than $1 on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices after four weeks of decline on demand worries.…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 20th, 2023, and November 24th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar beaten to over two-month low. The dollar slid to a two-month low on Monday, extending a downtrend from last week as traders reaffirmed their belief that U.S. rates have…
MARKET UPDATE
Asia FX muted, dollar set for weekly drop. Most Asian currencies moved little on Friday after strong gains earlier this week, while the dollar headed for a sharp weekly fall…
Cisco slumps after cutting annual profit
Cisco (NASDAQ:CSCO) tumbled 11% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. The…
MARKET UPDATE
Asia FX dips, dollar recovers. Most Asian currencies weakened on Thursday, tracking a recovery in the dollar as stronger-than-expected U.S. retail sales data brewed some uncertainty over the path of…
MARKET UPDATE
Asia FX weakens, dollar moves higher. Most Asian currencies crept lower on Tuesday, while the dollar clocked small gains before key U.S. inflation data that is expected to determine the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 13th, 2023, and November 17th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Higher US yields hurt Asia equities. A tick up in U.S. Treasury yields on Monday helped send the dollar to a fresh one-year high against the yen, while scuppering an…
WEEKLY MARKET RECAP: November 06 – November 10, 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 muted, dollar strong. Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw…