MARKET UPDATE
Oil rises past U.S. storm jitters as inventories shrink Oil prices crept higher on Wednesday as data signalled a bigger-than-expected weekly draw in U.S. inventories, although concerns over adverse weather…
Oil rises past U.S. storm jitters as inventories shrink Oil prices crept higher on Wednesday as data signalled a bigger-than-expected weekly draw in U.S. inventories, although concerns over adverse weather…
Japanese yen rallies to 4-month high on BoJ policy tweak, Asia FX slips Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese…
Asia FX muted, yen supported by bets on eventual BoJ pivot Most Asian currencies moved little on Monday as fears of a potential recession and rising COVID-19 cases in China…
Here is what you need to know about the important news between December 19th 2022 and December 23rd 2022, where we take a look at the economic data, market news…
Dollar pares safe-haven gains on road to weekly loss The safe-haven dollar slipped on Friday, giving back some of the previous session’s strong gains, as traders continued to digest the…
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 gains as Fed flags more rate hikes ahead The dollar climbed broadly on Thursday after the Federal Reserve raised interest rates by a widely-expected half a percentage point overnight,…
Oil rally stalls on surprise U.S. inventory build, Fed in focus Oil prices fell slightly on Wednesday after three sessions of stellar gains as data pointed to an unexpected build…
Oil climbs as shut pipeline in U.S. adds to supply uncertainty Oil extended gains on Tuesday as a key pipeline bringing the resource to the United States remained shut, adding…
Here is what you need to know about the important news between December 12th 2022 and December 16th 2022, where we take a look at the economic data, market news…
Dollar gains as inflation pressures persist, eyes on central bank meetings The dollar climbed on Monday after data on Friday showed U.S. producer prices had risen more than expected last…
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…
Oil prices rebound from 1-year low, but head for steep weekly losses Oil prices rose sharply from a one-year low on Friday as traders bought into heavily discounted markets but…
Oil rebounds after hitting 2022 lows, demand concerns cap gains Oil prices rebounded in Asian trade on Thursday after slumping to their lowest level this year in the previous session,…
Dollar in demand as growth outlook darkens, yuan up as China eases curbs The dollar crept higher on Wednesday as some of the biggest U.S. banks warned of an impending…
Dollar holds firm on hawkish Fed bets, Aussie tad higher after RBA The U.S. dollar held firm against major peers on Tuesday, following its biggest rally in two weeks after…
Here is what you need to know about the important news between December 05th 2022 and December 09th 2022, where we take a look at the economic data, market news…
Asia FX rallies on China reopening fervour, dollar hits 5-month low Most Asian currencies rose sharply on Monday as more Chinese cities relaxed some anti-COVID measures, while improving risk appetite…
Asia FX turns cautious ahead of U.S. payrolls, dollar hits 3-mth low Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is…
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…