MARKET UPDATE
Asia FX muted, dollar steadies as Fed meeting looms Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal…
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WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 30th 2023 and February 3rd 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Oil falls ahead of OPEC+, U.S. Federal Reserve meetings Oil prices fell on Monday, giving up earlier gains, as global producers this week will likely keep output unchanged during a…
WEEKLY MARKET RECAP: January 23 – January 27, 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
Oil treads water ahead of OPEC+ panel meeting, PCE inflation data Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming…
MARKET UPDATE
Dollar wobbles near eight-month low ahead of central bank meetings The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season…
MARKET UPDATE
Oil rises on China recovery hopes, OPEC+ seen standing pat Crude oil prices inched higher on Wednesday as optimism for a demand recovery in China and expectations that major producers…
MARKET UPDATE
Dollar in doldrums as euro near 9-month peak, yen bounces The dollar hovered near a nine-month low to the euro and gave back recent gains against the yen on Tuesday,…
After a long cold year Investors are flocking back to Europe
A European recession looked like a no-brainer just a few weeks ago, but that picture has changed dramatically, and investors have started pouring money into the region’s stocks, currency and…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 23rd, 2023, and January 27th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Euro clears 9-month peak as ECB hawks let fly. The euro scaled a nine-month high on the dollar on Monday as more hawkish comments on European interest rates contrasted with…
WEEKLY MARKET RECAP: January 16 – January 20, 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
Oil prices set for second week of gains on brighter China outlook. Oil prices were set to post a second straight week of gains on Friday, spurred largely by brightening…
MARKET UPDATE
Oil prices dip as markets gauge U.S. inventory build Oil prices fell further on Thursday as industry data signalled another big weekly build in U.S. crude inventories, while weak economic…
Sterling nears one-month high on UK jobs data
Sterling rose on Tuesday, nearing a one-month high against the U.S. dollar after data showed the pace of pay growth in Britain, closely watched by the Bank of England as…
MARKET UPDATE
Oil prices muted amid recession fears, OPEC report awaited Oil prices moved little on Tuesday as markets awaited a slew of economic readings this week to gauge the potential for…
MARKET UPDATE
Asia FX rises, Japanese yen hits over 7-mth high on BOJ speculation Most Asian currencies advanced against the dollar on Monday, cheered largely by the prospect of smaller interest rate…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 16th 2023 and January 20th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide…
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…