MARKET UPDATE
Goldman Sachs to cut about 3,200 jobs this week after cost review Goldman Sachs Group Inc (NYSE:GS) will start one of its biggest rounds of job cuts ever, as it…
Goldman Sachs to cut about 3,200 jobs this week after cost review Goldman Sachs Group Inc (NYSE:GS) will start one of its biggest rounds of job cuts ever, as it…
Asian stocks surge on China recovery bets, smaller Fed rate hikes Most Asian stock markets rallied on Thursday after the minutes of the Federal Reserve’s December meeting pointed to smaller…
The Russian rouble showed positive dynamics against the dollar and the euro amid a rebound in oil prices in thin holiday trading on Thursday. At 0711 GMT the rouble gained…
Dollar hands back gains ahead of release of Federal Reserve minutes The U.S. dollar weakened Wednesday, handing back some of the previous session’s outsized gains, with traders looking for fresh…
Yen scales seven-month high on BOJ policy shift hopes The yen spiked to a seven-month high against the U.S. dollar on Tuesday on rising expectations that the Bank of Japan…
Here is what you need to know about the important news between January 2nd 2023 and January 6th 2023, where we take a look at the economic data, market news…
Indian rupee’s worst behind it; inflows crucial in 2023 The Indian rupee is likely to hold in a tight range in the early part of 2023 but the worst is…
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…
Oil dips as China COVID spike dampens demand outlook Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the…
The dollar pared some gains on Thursday after riding long-end U.S. Treasury yields higher overnight, though investors remained on edge going into the year end as initial optimism over China’s…
Asian shares muted as investors fret over China reopening Asian equities swung between losses and gains in choppy trading on Wednesday as investors looked for direction after China took further…
Dollar slips as risk appetite rises The dollar moved broadly lower on Tuesday, while Australia’s and New Zealand’s currencies climbed with a rise in risk appetite after China said it…
Oil rises $1 on Russian supply worries, U.S. storm impact eyed Oil prices rose more than $1 on Friday on expectations of a drop in Russian crude supply, which helped…
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 rises ahead of PCE data Most Asian currencies rose on Thursday while the dollar retreated further ahead of key economic data that is expected to provide more cues…
FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on a U.S.-bound flight to face fraud charges as federal prosecutors announced that two of his former associates had pleaded guilty…
Oil rises past U.S. storm jitters as inventories shrink Oil prices crept higher on Wednesday as data signalled a bigger-than-expected weekly draw in U.S. inventories, although concerns over adverse weather…
Japanese yen rallies to 4-month high on BoJ policy tweak, Asia FX slips Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese…
Asia FX muted, yen supported by bets on eventual BoJ pivot Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China…
Here is what you need to know about the important news between December 19th 2022 and December 23rd 2022, where we take a look at the economic data, market news…