MARKET UPDATE
Gold prices creep lower. Gold prices fell slightly on Tuesday after several Federal Reserve officials downplayed expectations that a dovish pivot by the central bank was imminent, which helped stem…
Gold prices creep lower. Gold prices fell slightly on Tuesday after several Federal Reserve officials downplayed expectations that a dovish pivot by the central bank was imminent, which helped stem…
United States Steel Corporation (NYSE:X), commonly known as U.S. Steel, is being acquired by Japan’s Nippon Steel, the two companies confirmed today. Nippon Steel will pay $55 per share in…
Here is what you need to know about the important news between December 18, 2023, and December 22, 2023, where we take a look at the economic data, market news…
Oil climbs over 1% on drop in Russia exports. Oil prices rose over 1% in Asian trade on Monday, supported by lower exports from Russia and as attacks by 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…
Gold prices push further above $2,000. Gold prices rose slightly in Asian trade on Friday, extending a push above key levels after dovish signals from the Federal Reserve sparked steep…
Gold prices soar past $2,000. Gold prices rose above key levels in Asian trade on Thursday, extending gains from the prior session after the Federal Reserve said it was done…
Attention now turns to the Fed, which is due to wrap up its final two-day policy meeting of the year on Wednesday. Traders are almost certain that officials will vote…
Asia FX dips, dollar steady. Most Asian currencies retreated on Wednesday, while the dollar steadied as sticky U.S. inflation data cast some doubts over what the Federal Reserve will signal…
Bitcoin defies its doubters in 2023. If 2022 was the year that “broke bitcoin”, 2023 has been the year of trauma recovery. Bitcoin has bounced pluckily in the face of…
Here is what you need to know about the important news between December 11th, 2023, and December 15th 2023, where we take a look at the economic data, market news…
Dollar rises ahead of US inflation data. The dollar started Monday on the front foot, with a reading on U.S. inflation and the Federal Reserve’s last policy meeting for 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 muted with nonfarm payrolls in sight. Most Asian stocks rose slightly on Friday with Chinese markets recouping a measure of recent losses, while Japan’s Nikkei 225 fell sharply…
Asia FX muted with US labor data in focus. Most Asian currencies moved little on Thursday as markets remained on edge before key U.S. labor data, while the yen appreciated…
Asia FX edges past China woes. Most Asian currencies rose slightly on Wednesday as weak U.S. labor data spurred continued bets on early interest rate cuts by the Federal Reserve,…
Asia FX weakens on soft economic data. Most Asian currencies weakened on Tuesday tracking a string of middling economic readings from the region, with the Australian dollar falling sharply after…
Most Asian stocks fell on Tuesday, seeing some profit taking after rallying sharply through November on expectations of a less hawkish Federal Reserve, while a string of weak economic readings…
Here is what you need to know about the important news between December 4th, 2023, and December 8th, 2023, where we take a look at the economic data, market news…
Asia FX muted, dollar steadies. Most Asian currencies steadied after strong gains on Monday, while the dollar nursed recent losses amid growing conviction that the Federal Reserve was done raising…