WEEKLY MARKET RECAP: February 27 – March 03, 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
Gold prices hover above 2023 lows as Fed uncertainty persists Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 27th, 2023, and March 3rd 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar steady on higher-for-longer rate outlook; yen wobbles The dollar was set for its fourth straight week of gains as investors braced for U.S. interest rates to be higher for…
MARKET UPDATE
Asia FX edges higher, Korean won surges Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating…
MARKET UPDATE
Oil prices inch higher after bruising losses Oil prices crept higher on Wednesday after sharp losses in the prior session as markets awaited more cues on U.S. interest rates and…
MARKET UPDATE
Asia FX slips, dollar gains as markets await more Fed cues Most Asian currencies fell on Tuesday, while the dollar advanced against a basket of currencies as markets awaited more…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 20th , 2023 and February 24th 2023, where we take a look at the economic data, market…
MARKET UPDATE
Dollar steady as robust U.S. data keep Fed hawks in control The dollar was on the front foot on Monday, supported by a strong run of economic data out of…
WEEKLY MARKET RECAP: February 13 – February 17, 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
Dollar soars to six-week high on hawkish Fedspeak The U.S. dollar surged to a six-week high in early European trade Friday, after strong U.S. economic data and hawkish comments from…
MARKET UPDATE
Stocks shrug off rates risk as U.S. consumers spend Asia’s stocks rose on Thursday, with investors choosing to cheer strong U.S. retail sales data as good news for earnings rather…
MARKET UPDATE
Dollar gains as inflation remains sticky, sterling retreats The U.S. dollar climbed higher in early European trade Wednesday after U.S. consumer inflation remained elevated in January, while sterling fell after…
MARKET UPDATE
Asian shares edge higher ahead of U.S. inflation data Asian shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key U.S. inflation report, while the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between February 13th, 2023, and February 17th, 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Oil falls on demand worry as Fed ‘make or break moment’ approaches Oil prices eased around 1% on Monday after rising in the previous session, as investors focused on short-term…
MARKET UPDATE
Asia FX sinks on pressure from U.S. yields, weak China inflation Asian currencies retreated on Friday as an overnight spike in U.S. Treasury yields drummed up fears of a looming…
WEEKLY MARKET RECAP: February 06 – February 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
Asian stocks draw massive foreign inflows on softer dollar Emerging Asia ex-China stocks received massive inflows in January, with investors expecting the U.S. Federal Reserve to slow down the pace…
MARKET UPDATE
Dollar retreats as Powell sticks to usual Fed playbook The dollar eased on Wednesday after Federal Reserve Chair Jerome Powell showed little sign of a hawkish pushback against a resilient…