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…
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…
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…
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…
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…
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…
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…
Asia FX muted as China disinflation weighs on sentiment. Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese…
Asia FX muted, dollar rebounds. Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several Federal Reserve officials warned against betting…
Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts. Brent crude futures were down…
Asia FX sinks on Fed. Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the…
Here is what you need to know about the important news between November 06th, 2023, and November 10th, 2023, where we take a look at the economic data, market news…
Asia FX gains, dollar at 6-week low. Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from…
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…
Dollar slips as traders bet Fed done with rate hikes. The dollar eased on Friday and was on course for a weekly decline against a basket of currencies as traders…
Gold prices rise on bets of no more Fed rate hikes. Gold prices rose on Thursday, encouraged by a weaker dollar and Treasury yields after the Federal Reserve struck a…
Yen pauses slide. The battered yen found a footing on Wednesday on renewed threats of intervention from Japan and as investors turned their focus toward a Federal Reserve policy meeting…
European shares rose on Tuesday, while the Japanese yen slid to near a one-year low against the dollar after the Bank of Japan’s moves towards ending years of massive monetary…
Oil rises on supply concerns. Oil prices rebounded in Asian trade on Tuesday, after a drop of more than 3% in the previous session, as worries over supply stirred by…
Here is what you need to know about the important news between October 30th, 2023, and November 03th 2023, where we take a look at the economic data, market news…