MARKET UPDATE
As regulators scrutinise FTX, investor focus swings to Crypto.com The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants…
As regulators scrutinise FTX, investor focus swings to Crypto.com The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants…
WEEKLY MARKET RECAP: November 7 –November 11 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus…
Oil rises on dovish CPI, but recession fears spell weekly losses Oil prices rose on Friday after softer-than-expected U.S. inflation data ramped up hopes of smaller interest rate hikes by…
Oil steadies as traders await direction from U.S. inflation data Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the…
FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal between…
Cryptos attempt to steady as Binance-FTX deal chills market Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability…
Japan foreign reserves fall for third month after intervention Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting…
Here is what you need to know about the important news between November 7th 2022 and November 11th 2022, where we take a look at the economic data, market news…
Dollar rises as China defends stringent COVID policy, dampening risk The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing…
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…
NY Fed official: Digital dollar could speed foreign exchange settlement A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a…
Asian Stocks Slammed by Hawkish Fed, China Rally Pauses Asian stock markets tumbled on Thursday after the Federal Reserve espoused a more hawkish outlook than expected, with Chinese equities cutting…
Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance on imported Russian fuel is under threat from market turbulence…
Dollar Edges Lower; Looming Fed Decision Limits Volatility The U.S. dollar edged lower in early European trade Wednesday, with traders cautious ahead of the conclusion of a crucial Federal Reserve…
01/11/2022 Oil Prices Trim Losses as OPEC Hikes Demand Forecast Oil prices trimmed recent losses on Tuesday after the OPEC raised its medium to long term demand forecasts and said…
31/10/2022 Asia FX Slips as Weak China Data Weighs, Fed Meeting Awaited Most Asian currencies retreated on Monday as weak Chinese economic data weighed on sentiment, while markets hunkered down…
Here is what you need to know about the important news between October 31st, 2022, and November 4th 2022, 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…
Crypto industry disappointed as Australia looks to enshrine tax rules The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for…
Oil prices eased on Wednesday after industry data showed U.S. crude stockpiles rose more than expected, though supply worries capped losses. Brent crude futures for December fell $1.03, or 1.1%,…