MARKET UPDATE
Oil falls as US holds off refilling strategic reserve Oil prices extended losses on Friday on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the…
Oil falls as US holds off refilling strategic reserve Oil prices extended losses on Friday on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the…
European stock futures mixed, Bank of England in focus after Fed hike European stock markets are expected to open in a mixed fashion Thursday as investors digest the latest interest…
The dollar was under pressure near seven-week lows on Thursday after the U.S. Federal Reserve sounded close to calling time on interest rate hikes, which markets think are more or…
Asia FX creeps lower, dollar muted as markets brace for Fed rate hike Most Asian currencies retreated in cautious trade on Wednesday as markets positioned for a likely interest rate…
Bitcoin passes the bank stress test As crisis stalks the traditional world of stocks and bonds, bitcoin is suddenly looking like a safe haven. The infamously volatile cryptocurrency seems positively…
Here is what you need to know about the important news between March 20th 2023 and March 24th 2023, where we take a look at the economic data, market news…
Asia FX sinks, dollar rises amid Fed uncertainty bank crisis fears Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve…
Asia FX rises, dollar dips amid easing bank crisis fears Most Asian currencies rose sharply on Friday amid easing fears of a global banking crisis, while the dollar retreated as…
Credit Suisse to borrow up to $54 bln from Swiss National Bank Embattled Swiss lender Credit Suisse Group AG (SIX:CSGN) (NYSE:CS) said on early-Thursday that it will exercise an option…
Dollar finds footing as SVB fears calm down The dollar was attempting to steady in Asia on Wednesday, as investors dialled back bets on U.S. rate cuts and fear of…
Dollar slumps as markets trim Fed hike expectations on US banks’ fallout The dollar languished near a multi-week low on Tuesday as fears of a broader systemic crisis following the…
European stock futures mixed, U.S. regulators move to support financial system European stock markets are expected to open in a cautious manner Monday, with investors digesting the moves by U.S.…
HSBC (LON:HSBA) has agreed with the Bank of England to buy the U.K. operations of Silicon Valley Bank (NASDAQ:SIVB), whose collapse last week sent shudders through the U.S. financial system.…
Here is what you need to know about the important news between March 13th 2023 and March 17th 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 sinks before labour data Most Asian currencies fell on Friday as markets turned cautious ahead of key U.S. labour market data due later in the day, while the…
Crypto-focused bank Silvergate plans to wind down following blow from FTX Crypto-focused bank Silvergate Capital (NYSE:SI) Corp said on Wednesday it planned to wind down operations and voluntarily liquidate after…
Dollar clears 3-month high, yields surge on hawkish Powell The U.S. dollar hit a three-month high against a basket of currencies on Wednesday, tracking a spike in Treasury yields after…
Asian markets steady as investors await Fed chair’s testimony Asian financial markets were little changed on Tuesday as investors awaited congressional testimony from Federal Reserve Chair Jerome Powell due to…
The euro zone’s economic recovery is tentative and fragile, several indicators suggested on Monday, adding to signs that even if a recession may have been avoided, no upturn is in…