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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Japan flags ‘speculative’ yen moves. Japanese Finance Minister Shunichi Suzuki said on Friday there were “speculative” moves behind recent yen declines, suggesting authorities remained on stand-by to intervene in the…
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…
Asia FX steadies ahead of more Fed cues. Most Asian currencies moved little on Thursday, while the dollar steadied as traders awaited key inflation data and addresses from Federal Reserve…
Asia FX falls, USDJPY at 1990 highs. Most Asian currencies retreated on Wednesday, with the Japanese yen hitting its weakest level since 1990 as the dollar firmed ahead of more…
Asia FX muted with more inflation. Most Asian currencies tread water on Tuesday, taking little cheer from a softer dollar as traders remained cautious ahead of more cues on U.S.…
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…
Asia FX sinks as dollar surges to 3-week high. Most Asian currencies fell sharply on Friday, coming under pressure from a rebound in the dollar as an unexpected interest rate…