MARKET UPDATE
Asian Currencies Muted as USD Retains Strength Most Asian currencies kept to a tight range on Thursday as the U.S. dollar remained underpinned by expectations of a hawkish Fed, while…
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MARKET UPDATE
Dollar Edges Higher; Boosted by Hawkish Fed Officials, Pelosi Visit The U.S. dollar edged higher in early European trade Wednesday, maintaining the overnight gains on raised geopolitical tensions and after…
MARKET UPDATE
Oil slips as global demand concerns weigh Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as…
MARKET UPDATE
Dollar struggles at 6-week low The U.S. dollar sank to its lowest in more than six weeks versus the Japanese yen on Monday as investors ramped up bets that aggressive…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 1st 2022 and August 5th, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Down on View Fed to Slow Hikes The dollar was down on Friday morning in Asia as investors bet on slower hikes from the U.S. Federal Reserve. “Lower yields…
WEEKLY MARKET RECAP: July 25 – July 29, 2022
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…
Dollar hits three-week low to yen
The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors’ worries about continued aggressive monetary tightening. The U.S. currency sank…
MARKET UPDATE
Oil extends gains as risk appetite improves, U.S. inventories fall Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite…
MARKET UPDATE
Deutsche Bank extends profit streak in Q2 but warns on economy Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit on Wednesday as investment banking revenues rose, though the…
MARKET UPDATE
Dollar Down Despite a Potential U.S. Interest Rate Hike The dollar was down on Tuesday morning in Asia ahead of the U.S. Federal Reserve policy decision. A 50bp hike from…
MARKET UPDATE
Euro Edges Lower Against Dollar Ahead of Key Fed Decision The euro edged lower against the dollar on Monday, as investors weighed the potential size of an expected Federal Reserve…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 25th, 2022, and July 29th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: July 18 – July 22, 2022
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
European Gas Futures Fall to 3-Week Low as Nord Stream Reopens European natural gas futures fell to their lowest in three weeks as Russia resumed shipments to Germany, allaying fears…
MARKET UPDATE
Cryptoverse: Holding your breath for a bitcoin bounce If you’re waiting for a bitcoin recovery, you may have to sweat it out for months. That’s the conclusion of some technical…
MARKET UPDATE
Dollar Edges Lower; Euro Above Parity Ahead of ECB Meeting The U.S. dollar edged lower in early European trade Monday, nudging down from multi-year highs, while the euro climbed away…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 18th, 2022 and July 22nd 2022, where we take a look at the economic data, market news…
Dollar Edges Higher
The U.S. dollar edged higher in early European trade Friday but remained below its recent two-decade peak after expectations of a huge interest rate hike in July receded. At 3…
MARKET UPDATE
Oil rises on prospects of less aggressive U.S. rate hike Oil prices rose on Friday amid prospects of a less aggressive U.S. rate hike, although worries about a recovery in…