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…
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MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
WEEKLY ECONOMIC CALENDAR AHEAD
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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.…
WEEKLY ECONOMIC CALENDAR AHEAD
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…
WEEKLY MARKET RECAP: March 06 –March 10, 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 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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between March 06th 2023 and March 10th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Asia FX muted ahead of Powell testimony Most Asian currencies kept to a tight range on Monday as markets awaited more cues on U.S. monetary policy from a testimony by…
MARKET UPDATE
Oil prices dip, but eye positive week on Chinese demand bets Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates,…