MARKET UPDATE
Asia FX muted, dollar strong. Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw…
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MARKET UPDATE
Asia FX muted as China disinflation weighs on sentiment. Most Asian currencies moved little on Thursday as disappointing inflation data from China weighed on sentiment, while weakness in the Japanese…
MARKET UPDATE
Asia FX muted, dollar rebounds. Most Asian currencies kept to a tight range on Wednesday, while the dollar maintained a recent rebound after several Federal Reserve officials warned against betting…
Oil prices at 2-1/2-month low
Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of Saudi Arabia and Russia extending output cuts. Brent crude futures were down…
MARKET UPDATE
Asia FX sinks on Fed. Most Asian currencies fell on Tuesday as a warning from Federal Reserve officials and signs of more economic headwinds for China dented sentiment, while the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between November 06th, 2023, and November 10th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX gains, dollar at 6-week low. Most Asian currencies strengthened on Monday, while the dollar hovered near six-week lows as softer-than-expected U.S. payrolls data and less hawkish signals from…
WEEKLY MARKET RECAP: October 30 –November 03, 2023
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
Dollar slips as traders bet Fed done with rate hikes. The dollar eased on Friday and was on course for a weekly decline against a basket of currencies as traders…
MARKET UPDATE
Gold prices rise on bets of no more Fed rate hikes. Gold prices rose on Thursday, encouraged by a weaker dollar and Treasury yields after the Federal Reserve struck a…
MARKET UPDATE
Yen pauses slide. The battered yen found a footing on Wednesday on renewed threats of intervention from Japan and as investors turned their focus toward a Federal Reserve policy meeting…
World shares edge up as Yen slides
European shares rose on Tuesday, while the Japanese yen slid to near a one-year low against the dollar after the Bank of Japan’s moves towards ending years of massive monetary…
MARKET UPDATE
Oil rises on supply concerns. Oil prices rebounded in Asian trade on Tuesday, after a drop of more than 3% in the previous session, as worries over supply stirred by…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between October 30th, 2023, and November 03th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX muted, dollar steadies with Fed. Most Asian currencies moved little on Monday, while the dollar steadied as traders hunkered down before a string of central bank meetings this…
WEEKLY MARKET RECAP: October 23 – October 27, 2023
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 muted as rate fears mount. Most Asian currencies moved little on Friday as markets hunkered down before a series of major central bank meetings next week, while the…
Morgan Stanley expects Fed will not have to raise rates again
Morgan Stanley economists anticipate that the Federal Reserve will maintain the policy rate at 5.375% at the upcoming meeting that concludes on November 01. The Fed is expected to acknowledge…
MARKET UPDATE
Asia FX weakens. Most Asian currencies fell on Thursday as concerns over higher U.S. interest rates pushed up the dollar and Treasury yields, with traders now watching for any Japanese…
MARKET UPDATE
Asia FX muted as PMIs boost dollar. Most Asian currencies fell slightly on Wednesday as strong overnight data boosted the dollar, while the Australian dollar rose sharply as a strong…