MARKET UPDATE
Gold prices cross $2,050. Gold prices rose in Asian trade on Monday, recouping most of their new year’s losses as persistent tensions in the Middle East drove safe-haven demand, while…
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WEEKLY MARKET RECAP: January 08 – January 12, 2024
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…
Futures drop after weak big bank earnings
U.S. stock index futures declined on Friday as weak earnings reports from big banks sparked worries about the health of corporate America, while investors awaited an inflation report during the…
MARKET UPDATE
Asia FX muted, dollar dull as rate-cut bets persist. Most Asian currencies tread water on Friday, while the dollar saw little strength as traders looked to U.S. interest rate cuts…
MARKET UPDATE
Asia FX rises as dollar pulls back. Most Asian currencies rose slightly on Thursday, while the dollar trimmed a bulk of its new year gains in anticipation of key U.S.…
MARKET UPDATE
Asia FX weak, dollar sturdy. Most Asian currencies retreated on Wednesday, while the dollar steadied from recent losses as markets remained on edge before key U.S. inflation data that is…
MARKET UPDATE
Asia FX muted, dollar falls from 3-week high. Most Asian currencies kept to a tight range on Tuesday but saw some relief as the dollar was hit with profit-taking before…
WEEKLY ECONOMIC CALENDAR AHEAD
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between January 08, 2023, and January 12, 2023, where we take a look at…
MARKET UPDATE
Oil down more than 1%. Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting…
WEEKLY MARKET RECAP: January 01- January 05,2024
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
Gold steadies below $2,050. Gold prices moved little in Asian trade on Friday after sinking below key levels this week following a sharp rebound in the dollar, with focus now…
Asian stocks ease
Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of…
MARKET UPDATE
Asia FX muted, dollar at 3-week high. Most Asian currencies kept to a flat-to-low range on Thursday, while uncertainty over the Federal Reserve’s plans for interest rate cuts in 2024…
MARKET UPDATE
Asia FX dips, dollar rebounds. Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal…
MARKET UPDATE
Asia FX slips on weak China PMIs. Most Asian currencies fell on Tuesday, marking a weak start to the year as dismal Chinese economic readings continued to pile in, while…