MARKET UPDATE
Bitcoin falls from record high. Bitcoin eased to a one-week low in volatile trade on Friday, as investors took profit from its run to a record high and as another…
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WEEKLY MARKET RECAP: March 11 – March 15, 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…
European shares hit another record high
European shares hit a record high for the third consecutive session on Thursday, supported by a raft of optimistic corporate updates, while investors remained cautious ahead of key economic data…
MARKET UPDATE
Asia FX edges lower, dollar steady before PPI. Most Asian currencies retreated on Thursday, while the dollar steadied from recent gains as markets sought more cues on U.S. interest rates…
MARKET UPDATE
Gold prices fall from record highs. Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears…
MARKET UPDATE
Asia FX muted as dollar steadies. Most Asian currencies moved little on Tuesday, while the dollar steadied as markets awaited key U.S. inflation data for more cues on when the…
MARKET UPDATE
Japanese stocks tumble 3%. Japanese stocks fell sharply on Monday, while the yen hovered near one-month highs as media reports suggested the Bank of Japan could end its yield curve…
WEEKLY MARKET RECAP: March 04 – March 08, 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…
Yen jumps on reports BoJ warming to rate rise
The yen rose to a fresh five-week high on Friday after reports the Bank of Japan is warming to the idea of raising interest rates and considering a new quantitative…
MARKET UPDATE
Gold eyes best week in five months. Gold prices were poised for their biggest weekly jump in five months on Friday, hovering near a historic high, as Federal Reserve Chair…
MARKET UPDATE
Gold extends rally. Gold prices surged to a record high on Thursday, poised for their seventh consecutive daily rise, led by sluggish U.S. economic data and Federal Reserve Chair Jerome…
MARKET UPDATE
Asia FX muted, dollar steadies. Most Asian currencies moved little on Wednesday, while the dollar steadied from recent losses as markets hunkered down in anticipation of more key cues on…
MARKET UPDATE
Asia FX muted as China’s economic goals underwhelm. Most Asian currencies moved little on Tuesday as China’s economic goals for 2024 failed to liven up markets, while the dollar steadied…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 04, 2024, and March 08, 2024, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar drifts as Fed clues awaited. The U.S. dollar drifted within a tight range on Monday, pressured by lower Treasury yields, as traders waited for more crucial economic data for…
WEEKLY MARKET RECAP: February 26 – March 01, 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 weakens, dollar holds strong. Most Asian currencies weakened on Friday, while the dollar retained overnight gains as signs of continued economic weakness in China largely offset optimism over…
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…
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.…