Soaring bitcoin set for biggest monthly jump since 2020
Frenetic activity in bitcoin put it on course for its biggest monthly gain in more than three years on Thursday and it is within range of a record high as…
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MARKET UPDATE
Gold prices move little as pre-inflation jitters. Gold prices kept to a tight range in Asian trade on Thursday, with traders remaining on the sidelines in anticipation of key U.S.…
MARKET UPDATE
Asia FX dips before more inflation cues. Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar strengthened as markets positioned for more cues on the U.S.…
MARKET UPDATE
Asia FX firms as dollar eases. Most Asian currencies rose slightly on Tuesday, taking some relief from mild declines in the dollar before a key inflation reading which is set…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 26, 2024, and March 01, 2024, where we take a look at the economic data, market news…
MARKET UPDATE
Oil extends losses after dollar rises. Oil prices fell on Monday, extending losses from the previous session after the dollar rose on market views that higher-than-expected inflation could delay cuts…
WEEKLY MARKET RECAP: February 19 – February 23, 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
Asia FX weak, dollar steady after Fed speak. Most Asian currencies fell on Friday, while the dollar steadied from recent losses as hawkish signals from the Federal Reserve and strong…
Yen sinks as investors chase better yields
The yen sagged on the euro, sterling and other crosses this week and headed for a fourth weekly drop against the dollar on Friday as investors chased better yields just…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 19, 2024, and February 23, 2024, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: February 12 – February 16, 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 prices retake $2,000. Gold prices moved little in Asian trade on Friday after retaking a key level as weak U.S. retail sales data spurred some doubts over when the…
MARKET UPDATE
Asia FX stems losses as dollar consolidates. Most Asian currencies moved little on Thursday as mild consolidation in the dollar offered some relief, while the Japanese yen firmed as expectations…
OPEC sticks to oil demand
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth forecasts for both years saying there…
MARKET UPDATE
Bitcoin hits $50k level. Bitcoin hit the $50,000 level for the first time in more than two years as the world’s largest cryptocurrency was buoyed by expectations of interest rate…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 12, 2024, and February 16, 2024, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX treads water, dollar edges lower. Most Asian currencies moved in a tight range on Monday as market holiday across most of the region kept trading volumes limited, while…
WEEKLY MARKET RECAP: February 05 – February 09, 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…
New highs for Nikkei
Japanese shares hit 34-year highs on Friday as world stocks eyed a third week of gains, while adjustments to interest rate expectations sent the yen to a two-month low and…
MARKET UPDATE
Yen hits 10-week low. The yen slipped to a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialled back bets on how quickly…