WEEKLY MARKET RECAP: August 07–August 11, 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…
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 weakens amid China fears. Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S.…
Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to prohibit some tech investments in China, adding it was continuing to…
Asia FX weakens ahead of U.S. inflation. Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day,…
Asia FX edges higher, yuan volatile as Chinese inflation shrinks. Most Asian currencies rose slightly on Wednesday, recovering a measure of recent losses as worsening risk appetite favored the dollar,…
Asia FX falls on weak Chinese trade data. Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the…
Here is what you need to know about the important news between August 07th 2023 and August 11th, 2023, where we take a look at the economic data, market news…
Asia FX slides as dollar, yields rise ahead of inflation data. The Most Asian currencies fell on Monday, while the dollar and Treasury yields firmed ahead of key inflation data…
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 flat, dollar steadies ahead of NFP. Most Asian currencies moved in a tight range on Friday, while the dollar steadied after a strong week as markets awaited more…
Gold prices edged lower on Thursday and were nursing steep losses for the week as signs of a resilient U.S. economy and job market pushed up fears of rising interest…
The US Dollar stands tall. The dollar was perched near a four-week high on Thursday, shrugging off a U.S. credit rating downgrade that cast doubt on the country’s fiscal outlook,…
Dow futures lower, AMD lifts 3.3% after earnings. U.S. stock futures were trading lower during Tuesday’s evening deals, after a mixed session among major benchmark averages as market participants digested…
Gold prices dip, copper hits 3 month high. Gold prices edged lower on Tuesday, although futures remained largely ahead of spot rates, while copper prices were underpinned by growing expectations…
Here is what you need to know about the important news between July 31st 2023 and August 04th 2023, where we take a look at the economic data, market news…
Gold prices kept to a tight range as investors await. Gold prices kept to a tight range on Monday as investors awaited more major cues on the U.S. economy this…
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…
Asian stocks hit by BOJ shock. Asian stocks fell on Friday, with Japan’s Nikkei logging steep losses after somewhat hawkish messaging from the Bank of Japan, while Chinese shares outperformed…
Asia FX rises as dollar sinks after Fed rate hike. Most Asian currencies rose on Thursday, benefiting from weakness in the dollar after the Federal Reserve hiked interest rates as…
Oil heads to 3-1/2 month high as supply tightness Oil prices climbed 1% on Thursday, recouping losses from the previous session, as supply tightness and expectations of stronger Chinese demand…