MARKET UPDATE
Asia FX rises, Japanese yen hits over 7-mth high on BOJ speculation Most Asian currencies advanced against the dollar on Monday, cheered largely by the prospect of smaller interest rate…
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WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 16th 2023 and January 20th 2023, where we take a look at the economic data, market news…
MARKET UPDATE
Crypto.com to cut 20% jobs as industry rout deepens after FTX collapse Crypto.com said on Friday it would be reducing about 20% of its workforce, as cryptocurrency exchanges face industry-wide…
MARKET UPDATE
Asia FX steadies before U.S. CPI data, dollar nears 7-month low Most Asian currencies crept higher on Thursday and the dollar fell in anticipation of data showing a further easing…
MARKET UPDATE
Asian shares touch six-month high, focus firmly on U.S. CPI data Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation…
MARKET UPDATE
Oil slips on concerns higher interest rates to crimp demand Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world’s biggest oil…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 9th, 2023, and January 13th, 2023, where we take a look at the economic data, market news…
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
WEEKLY ECONOMIC CALENDAR AHEAD
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…
MARKET UPDATE
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…
WEEKLY MARKET RECAP: December 26 – December 30, 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
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
WEEKLY MARKET RECAP: December 19 – December 23 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
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…