MARKET UPDATE
Asia FX edges past China woes. Most Asian currencies rose slightly on Wednesday as weak U.S. labor data spurred continued bets on early interest rate cuts by the Federal Reserve,…
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MARKET UPDATE
Asia FX weakens on soft economic data. Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after…
Asian stocks sink as rate cut rally cools
Most Asian stocks fell on Tuesday, seeing some profit taking after rallying sharply through November on expectations of a less hawkish Federal Reserve, while a string of weak economic readings…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between December 4th, 2023, and December 8th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX muted, dollar steadies. Most Asian currencies steadied after strong gains on Monday, while the dollar nursed recent losses amid growing conviction that the Federal Reserve was done raising…
WEEKLY MARKET RECAP: November 27 – December 01, 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 rebounds. Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest…
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…
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…