MARKET UPDATE
Asia FX muted, dollar steadies with Fed. Most Asian currencies moved little on Monday, while the dollar steadied as traders hunkered down before a string of central bank meetings this…
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WEEKLY MARKET RECAP: October 23 – October 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
Asia FX muted as rate fears mount. Most Asian currencies moved little on Friday as markets hunkered down before a series of major central bank meetings next week, while the…
Morgan Stanley expects Fed will not have to raise rates again
Morgan Stanley economists anticipate that the Federal Reserve will maintain the policy rate at 5.375% at the upcoming meeting that concludes on November 01. The Fed is expected to acknowledge…
MARKET UPDATE
Asia FX weakens. Most Asian currencies fell on Thursday as concerns over higher U.S. interest rates pushed up the dollar and Treasury yields, with traders now watching for any Japanese…
MARKET UPDATE
Asia FX muted as PMIs boost dollar. Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong…
MARKET UPDATE
Asia FX creeps higher as dollar, yields retreat. Most Asian currencies advanced on Tuesday, reversing some recent losses as the dollar retreated from 2023 peaks before a string of key…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between October 23th 2023 and October 27th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Yen weakening briefly to the 150-per-dollar. Japan’s yen took the spotlight in Asia on Monday, weakening briefly to the 150-per-dollar level as investors betting on a further rise in dollar…
MARKET UPDATE
The Dollar nudged at the 150 level vs yen. The dollar nudged at the closely watched 150 level against the yen on Friday, encouraged by a rise in U.S. 10-year…
WEEKLY MARKET RECAP: October 16 – October 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
Asia FX see’s steep losses as dollar firms before Powell speech. Most Asian currencies were muted on Thursday, nursing steep overnight losses as the dollar firmed tracking a spike in…
MARKET UPDATE
Oil jumps 2% as tensions increases in the Middle East. Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between October 16th 2023 and October 20th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX edges lower. Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady before several major U.S. economic readings this week, while sentiment also remained…
Wall Street futures rise ahead of earnings
Wall Street index futures started an earnings-packed week on a firm footing though tensions over the Israel-Hamas conflict kept gains in check, while investors also awaited key economic data for…
MARKET UPDATE
Asia FX muted, dollar retreats. Most Asian currencies fell slightly on Monday, while the dollar retreated from recent peaks as investors continued to fret over any potential spillover from the…
WEEKLY MARKET RECAP: October 09 – October 13, 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…
Oil rises as US sanctions against Russian exports
Oil prices were up on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast…
MARKET UPDATE
Stocks in Asia slump on rate jitters. Asian shares slid on Friday and were on course for their steepest one-day percentage decline in a week after stronger-than-expected U.S. consumer prices…