MARKET UPDATE
Oil eases ahead of China, U.S. data Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States…
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WEEKLY MARKET RECAP: July 03–July 07, 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
Gold prices move little as nonfarm payrolls data looms Gold prices kept to a tight range on Friday, coming under pressure from fears of rising U.S. interest rates as markets…
Bitcoin touches 13-month high
Bitcoin hit a 13-month high on Thursday, rising by as much as 3.28% to $31,500. The jump in the world’s largest cryptocurrency comes amid reports that fund managers are looking…
MARKET UPDATE
Dollar firms as Fed minutes fuel rate hike views The dollar edged higher on Thursday after minutes from the U.S. Federal Reserve’s latest policy meeting firmed bets for a rate…
MARKET UPDATE
Asia FX slips, dollar strengthens Most Asian currencies retreated on Wednesday amid more weak economic indicators, while the dollar firmed as markets awaited more cues on U.S. monetary policy from…
MARKET UPDATE
Asia FX creeps higher before more Fed cues Most Asian currencies rose slightly on Tuesday as markets awaited more cues on U.S. monetary policy this week, while the Australian dollar…
MARKET UPDATE
Asia FX rises as dollar slips Most Asian currencies firmed on Monday as softer-than-expected U.S. inflation readings pushed up hopes that the Federal Reserve will taper its hawkish stance, with…
WEEKLY MARKET RECAP: June 26–June 30, 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…
Japan finance minister warns against excessive yen weakening
Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on Friday after the currency plumbed seven-month lows against the dollar. Suzuki warned against investors…
MARKET UPDATE
Dollar set for strong quarterly gains The U.S. dollar stabilized in early European trade Friday, but is on course to record strong quarterly gains as traders anticipate the U.S. Federal…
MARKET UPDATE
Asia FX sinks, As the dollar strengthened Most Asian currencies retreated on Thursday, while the dollar strengthened as Federal Reserve Chair Jerome Powell flagged the potential for more interest rate…
MARKET UPDATE
Asian stocks rise on Wednesday following positive Australian data and strength on Wall Street Most Asian stocks rose on Wednesday following positive Australian data and strength on Wall Street, although…
MARKET UPDATE
Dollar holds firm ahead of U.S. durable goods, housing data The U.S. dollar held its ground against major currencies on Tuesday as tension in Russia simmered and traders looked ahead…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between June 26th, 2023, and June 30rd 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Rouble opens at 15-month low vs dollar The Russian rouble opened at a near 15-month low against the dollar in early morning trade on Monday, responding for the first time…
WEEKLY MARKET RECAP: June 19–June 23, 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
Gold set for steep weekly losses Gold prices edged lower on Friday and were set for their worst week since January, while copper prices retreated as a bumper rate hike…
MARKET UPDATE
Asia FX moves little as markets weigh mixed Fed signals Most Asian currencies kept to a tight range on Thursday as investors digested mixed signals on U.S. monetary policy, while…
Gold reeling from four straight days of losses
Gold prices moved little on Thursday but were reeling from four straight days of losses as uncertainty over the Federal Reserve’s next interest rate decision kept traders wary of the…