MARKET UPDATE
Asia FX dips on Fed concerns. Most Asian currencies fell on Thursday after the minutes of the Federal Reserve’s July meeting presented a hawkish outlook on interest rates, while the…
Read more
MARKET UPDATE
Asia FX weakens on U.S. rate hike fears. Most Asian currencies fell on Wednesday as strong U.S. economic readings raised concerns over the Federal Reserve having enough room to keep…
Oil nudges up as China cuts policy rates to support economy
Oil prices edged higher on Tuesday as China unexpectedly cut key policy rates for the second time in three months to shore up a sputtering economic recovery, but sluggish economic…
MARKET UPDATE
Dollar just below new one-month high. The U.S. dollar edged lower in early European trade Tuesday, but remained near recent highs, while the Chinese yuan saw volatile trading after the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 14th 2023 and August 18th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX sinks, dollar hits five-week high. Most Asian currencies sank on Monday, while the dollar rose to a five-week high as a stronger-than-expected U.S. inflation reading drove up fears…
WEEKLY MARKET RECAP: August 07–August 11, 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 weakens amid China fears. Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S.…
UK considers response to U.S ban on tech investments in China
Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to prohibit some tech investments in China, adding it was continuing to…
MARKET UPDATE
Asia FX weakens ahead of U.S. inflation. Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day,…
MARKET UPDATE
Asia FX edges higher, yuan volatile as Chinese inflation shrinks. Most Asian currencies rose slightly on Wednesday, recovering a measure of recent losses as worsening risk appetite favored the dollar,…
MARKET UPDATE
Asia FX falls on weak Chinese trade data. Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 07th 2023 and August 11th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX slides as dollar, yields rise ahead of inflation data. The Most Asian currencies fell on Monday, while the dollar and Treasury yields firmed ahead of key inflation data…
WEEKLY MARKET RECAP: July 31–August 04, 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 flat, dollar steadies ahead of NFP. Most Asian currencies moved in a tight range on Friday, while the dollar steadied after a strong week as markets awaited more…
Gold sinks as dollar surges on strong payrolls data
Gold prices edged lower on Thursday and were nursing steep losses for the week as signs of a resilient U.S. economy and job market pushed up fears of rising interest…
MARKET UPDATE
The US Dollar stands tall. The dollar was perched near a four-week high on Thursday, shrugging off a U.S. credit rating downgrade that cast doubt on the country’s fiscal outlook,…
MARKET UPDATE
Dow futures lower, AMD lifts 3.3% after earnings. U.S. stock futures were trading lower during Tuesday’s evening deals, after a mixed session among major benchmark averages as market participants digested…
MARKET UPDATE
Gold prices dip, copper hits 3 month high. Gold prices edged lower on Tuesday, although futures remained largely ahead of spot rates, while copper prices were underpinned by growing expectations…