WEEKLY MARKET RECAP: January 08 – January 12, 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…
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…
U.S. stock index futures declined on Friday as weak earnings reports from big banks sparked worries about the health of corporate America, while investors awaited an inflation report during the…
Asia FX muted, dollar dull as rate-cut bets persist. Most Asian currencies tread water on Friday, while the dollar saw little strength as traders looked to U.S. interest rate cuts…
Asia FX rises as dollar pulls back. Most Asian currencies rose slightly on Thursday, while the dollar trimmed a bulk of its new year gains in anticipation of key U.S.…
Asia FX weak, dollar sturdy. Most Asian currencies retreated on Wednesday, while the dollar steadied from recent losses as markets remained on edge before key U.S. inflation data that is…
Asia FX muted, dollar falls from 3-week high. Most Asian currencies kept to a tight range on Tuesday but saw some relief as the dollar was hit with profit-taking before…
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between January 08, 2023, and January 12, 2023, where we take a look at…
Oil down more than 1%. Oil prices fell by more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting…
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 steadies below $2,050. Gold prices moved little in Asian trade on Friday after sinking below key levels this week following a sharp rebound in the dollar, with focus now…
Asian shares fell on Thursday and the dollar was near a three-week high as traders dialled back bets of steep and early rate cuts this year, with the minutes of…
Asia FX muted, dollar at 3-week high. Most Asian currencies kept to a flat-to-low range on Thursday, while uncertainty over the Federal Reserve’s plans for interest rate cuts in 2024…
Asia FX dips, dollar rebounds. Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal…
Asia FX slips on weak China PMIs. Most Asian currencies fell on Tuesday, marking a weak start to the year as dismal Chinese economic readings continued to pile in, while…
Oil prices to end year 10% lower. Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and…
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…
Dollar dips as traders focus on US rate cuts. The dollar nursed steep losses on Thursday and was headed for a yearly decline, while the Swiss franc perched at a…
Asia FX rangebound, dollar at 5-mth low. Most Asian currencies stuck to a tight range on Wednesday, while the dollar languished near five-month lows amid persistent bets that the Federal…
Asia FX steady, dollar near 4-mth low. Most Asian currencies steadied from recent gains on Wednesday, while the dollar remained pinned near four-month lows as traders largely stuck to bets…
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…