MARKET UPDATE
Oil steadies as market awaits US Federal Reserve Oil prices inched up slightly in Asian morning trade on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June…
Oil steadies as market awaits US Federal Reserve Oil prices inched up slightly in Asian morning trade on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June…
Asia FX firms ahead of Fed meeting Most Asian currencies rose slightly on Tuesday, tracking some weakness in the dollar amid uncertainty over upcoming U.S. inflation data and a Federal…
Here is what you need to know about the important news between June 12th, 2023, and June 16th 2023, where we take a look at the economic data, market news…
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…
UBS has signed an agreement with the Swiss government to cover up to 9 billion Swiss francs ($10.00 billion) in losses from its emergency takeover of Credit Suisse, the country’s…
Dollar rebound from sharp losses The U.S. dollar edged higher in early European trade Friday, rebounding after the previous session’s sharp losses as traders sought out a safe haven after…
Asia FX weakens, yuan at 6-mth low as state banks cut rates Most Asian currencies inched lower on Thursday amid increased concerns over rising interest rates and slowing growth across…
Asia FX muted as Chinese economic data disappoints Most Asian currencies were muted on Wednesday as weaker-than-expected economic prints from China and Australia soured sentiment towards the region, while anticipation…
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between June 05st 2023 and June 09th 2023, where we take a look at the…
Oil edges lower as OPEC-driven rally fizzles out Oil prices crept lower in Asian trade on Tuesday as initial optimism over more supply cuts by Saudi Arabia and the OPEC…
Gold & copper see pullback as nonfarm payrolls data approaches Gold and copper prices edged lower in Asian trade on Friday as markets hunkered down ahead of key nonfarm payrolls…
The U.S. dollar stabilized in early European trading Thursday near a two-month high as traders digested progress in the U.S. debt ceiling bill, comments from a number of Fed speakers,…
Asia FX inches higher on bets of Fed pause Most Asian currencies advanced on Thursday, while the dollar inched lower tracking comments from Federal Reserve officials touting a potential pause…
Oil falls as weak China data offsets US debt ceiling progress Oil prices extended losses early on Wednesday as worries of slowing demand from top oil importer China after the…
Gold at over 2-mth low amid debt deal cheer Gold prices fell slightly on Tuesday, sticking to more than two-month lows amid optimism over a debt ceiling deal and as…
Asia FX muted, dollar steady as Fed fears stifle debt deal cheer Most Asian currencies kept to a tight range on Monday, while the dollar steadied at a two-month high…
Here is what you need to know about the important news between May 22nd 2023 and May 26th 2023, where we take a look at the economic data, market news…
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 recoups some weekly losses Most Asian currencies rose on Friday, recovering from steep losses this week, while the dollar steadied below two-month highs as markets awaited more cues…
Gold struggles, copper at near 6-mth low Gold prices hovered near two-month lows on Thursday as markets remained on edge over raising the U.S. debt limit, while copper prices fell…