MARKET UPDATE
Asia FX weak as Fed jitters grow. Most Asian currencies fell on Tuesday as anticipation of a Federal Reserve meeting this week kept traders largely biased towards the dollar, with…
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MARKET UPDATE
Gold prices tread water as Fed meeting looms. Gold prices moved little in Asian trade on Monday, seeing little relief from recent losses as traders continued to price in higher-for-longer…
Dollar rally pauses
The dollar softened on Thursday as traders assessed the U.S. interest rates outlook in the wake of comments from Federal Reserve officials that cemented expectation of monetary settings remaining restrictive…
MARKET UPDATE
Asia FX sees some relief as dollar retreats. Most Asian currencies crept higher on Thursday, seeing some breathing room as the dollar retreated from an over five-month peak, although fears…
MARKET UPDATE
Oil prices dip as concerns outweigh Middle East supply. Oil prices extended losses in early trade on Wednesday as worries about global demand due to weak economic momentum in China…
MARKET UPDATE
Asian shares slide on US rate cut. Asian stocks sank and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales for March further reinforced…
MARKET UPDATE
Gold prices rise, record highs in sight. Gold prices rose in Asian trade on Monday and were in sight of record highs as demand for safe havens was boosted by…
MARKET UPDATE
Bitcoin price today: recovers to $70k. Bitcoin price showed surprising resilience on Thursday, remaining close to record highs even as hotter-than-expected U.S. inflation data pushed up the dollar and battered…
MARKET UPDATE
Gold prices hit record highs. Gold prices hovered just below record highs in Asian trade on Wednesday, as safe haven demand for the yellow metal was boosted in anticipation of…
MARKET UPDATE
US dollar skids ahead of inflation data. The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year…
MARKET UPDATE
Asia stocks muted and dollar steady. Asian shares started the week on a subdued note on Monday, while the dollar was steady as investors weighed when the U.S. Federal Reserve…
Nonfarm payrolls release due, 212,000 jobs expected in March
The monthly U.S. labor market report due later Friday, a release that could make or break the case for a first Federal Reserve rate cut in June. The U.S. economy…
WEEKLY MARKET RECAP: April 01 – April 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
Yen steadies while dollar rises before nonfarm payrolls. Most Asian currencies moved little on Friday with the Japanese yen steadying near two-week highs, while the dollar rose as anticipation of…
MARKET UPDATE
Oil prices rise near $90 amid Middle East tensions. Oil prices rose to five-month highs in Asian trade on Thursday, extending a rash of recent gains as the prospect of…
MARKET UPDATE
Gold prices hit record highs near $2,300. Gold prices rose in Asian trade on Wednesday, remaining in sight of record highs amid increased safe haven demand after a devastating earthquake…
MARKET UPDATE
Dollar ascendant as Fed cut bets pared. The U.S. dollar hovered near a 4-1/2-month peak against major peers on Tuesday as traders rushed to push back bets for the Federal…