WEEKLY MARKET RECAP: August 07–August 11, 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…
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MARKET UPDATE
Asia FX weakens amid China fears. Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S.…
MARKET UPDATE
Asia FX weakens ahead of U.S. inflation. Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day,…
MARKET UPDATE
Asia FX edges higher, yuan volatile as Chinese inflation shrinks. Most Asian currencies rose slightly on Wednesday, recovering a measure of recent losses as worsening risk appetite favored the dollar,…
MARKET UPDATE
Asia FX falls on weak Chinese trade data. Most Asian currencies fell on Tuesday as disappointing Chinese trade figures weighed on sentiment, while the dollar advanced amid uncertainty over the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 07th 2023 and August 11th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX slides as dollar, yields rise ahead of inflation data. The Most Asian currencies fell on Monday, while the dollar and Treasury yields firmed ahead of key inflation data…
WEEKLY MARKET RECAP: July 31–August 04, 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
Asia FX flat, dollar steadies ahead of NFP. Most Asian currencies moved in a tight range on Friday, while the dollar steadied after a strong week as markets awaited more…
MARKET UPDATE
The US Dollar stands tall. The dollar was perched near a four-week high on Thursday, shrugging off a U.S. credit rating downgrade that cast doubt on the country’s fiscal outlook,…
MARKET UPDATE
Dow futures lower, AMD lifts 3.3% after earnings. U.S. stock futures were trading lower during Tuesday’s evening deals, after a mixed session among major benchmark averages as market participants digested…
MARKET UPDATE
Gold prices dip, copper hits 3 month high. Gold prices edged lower on Tuesday, although futures remained largely ahead of spot rates, while copper prices were underpinned by growing expectations…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 31st 2023 and August 04th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Gold prices kept to a tight range as investors await. Gold prices kept to a tight range on Monday as investors awaited more major cues on the U.S. economy this…
WEEKLY MARKET RECAP: July 24–July 28, 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
Asian stocks hit by BOJ shock. Asian stocks fell on Friday, with Japan’s Nikkei logging steep losses after somewhat hawkish messaging from the Bank of Japan, while Chinese shares outperformed…
MARKET UPDATE
Asia FX rises as dollar sinks after Fed rate hike. Most Asian currencies rose on Thursday, benefiting from weakness in the dollar after the Federal Reserve hiked interest rates as…
MARKET UPDATE
Asia FX slips as Fed hike approaches Most Asian currencies retreated on Wednesday, while the dollar steadied as investors hunkered down before a widely expected interest rate hike from the…
MARKET UPDATE
Oil prices rise as tight supply. Oil prices rose slightly in Asian trade on Tuesday, sticking to three-month highs as signs of tighter supply and expectations of more Chinese stimulus…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 24th 2023 and July 28th 2023, where we take a look at the economic data, market news…