MARKET UPDATE
Asian shares rally as markets wager on Fed pivot. Asian shares rose on Thursday as markets wagered that U.S. rates have peaked after more dovish remarks from Federal Reserve officials,…
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MARKET UPDATE
Asia stocks hit 2-week high. Asia’s stockmarkets rose on Wednesday and the dollar beat a retreat as a dovish shift in tone from Federal Reserve officials had traders paring U.S.…
MARKET UPDATE
Gold hits over 1-week high on Middle East worries. Gold prices hit their highest in more than a week Tuesday, a day after posting sharp gains on increased market uncertainty…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between October 09th 2023 and October 13th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
US stocks slip, oil surges on Middle East conflict. U.S. stock futures slid on Monday as the military conflict in the Middle East lifted oil and Treasuries, while the sizzling…
WEEKLY MARKET RECAP: October 02 – October 06, 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
Russian rouble hits more than seven-week low. The Russian rouble weakened on Friday, dropping to a more than seven-week low past 101 against the dollar, under pressure from lower oil…
MARKET UPDATE
Yen gets some much-needed relief. The yen received some much needed relief on Thursday as the dollar settled back and U.S. Treasury yields moderated after mixed U.S. economic data overnight…
MARKET UPDATE
Asia stocks slump as bond sell-off spooks markets. Asian stocks sank to 11-month lows on Wednesday as an ongoing rout in global bond markets saw U.S. yields reach 16-year highs,…
Stocks slip as surging U.S. bond yields fuel investors
Global shares fell on Tuesday, crushed by a surge in U.S. bond yields that lifted the dollar after Federal Reserve officials served a reminder that borrowing costs won’t drop any…
MARKET UPDATE
Russian rouble weakens past 100 to the dollar. The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on Tuesday, weighed…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between October 02th 2023 and October 06th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar within striking distance of 150 yen. The dollar began the last quarter of the year in the ascendant on Monday due to prospects of U.S. interest rates staying higher…
MARKET UPDATE
Asia FX muted as dollar, yield rally cools before inflation data. Most Asian currencies moved little on Friday, but stemmed some recent losses as the dollar came off 10-month highs…
WEEKLY MARKET RECAP: September 25 – September 29, 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
Dollar steady near 10-month high. The dollar clung close to a 10-month high against a basket of its peers on Thursday, keeping the yen near a key intervention zone as…
MARKET UPDATE
Asia FX muted, Japan currency intervention in focus. Most Asian currencies kept to a tight range on Wednesday amid continued fears of higher U.S. interest rates, while recent slumps in…
US yields at 2007 levels crimp stocks
U.S. Treasury yields hit a peak not seen since the early tremors of the 2007-2008 global financial crisis on Tuesday, as fears of interest rates staying high for longer roiled…
MARKET UPDATE
Asia FX dips, dollar steadies at 10-mth high. Most Asian currencies fell slightly on Tuesday, while the dollar steadied at its highest levels for the year on growing bets that…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 25th, 2023, and September 29th 2023, where we take a look at the economic data, market news…