MARKET UPDATE
Cryptos attempt to steady as Binance-FTX deal chills market Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability…
Cryptos attempt to steady as Binance-FTX deal chills market Cryptocurrencies were jittery and groping for a floor on Wednesday, after a sharp and broad drawdown when nerves about the stability…
Japan foreign reserves fall for third month after intervention Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting…
Here is what you need to know about the important news between November 7th 2022 and November 11th 2022, where we take a look at the economic data, market news…
Dollar rises as China defends stringent COVID policy, dampening risk The dollar firmed on Monday as sentiment soured after China said it is sticking with its strict COVID restrictions, quashing…
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…
NY Fed official: Digital dollar could speed foreign exchange settlement A top Federal Reserve Bank of New York official said on Friday that the bank sees promise in using a…
Asian Stocks Slammed by Hawkish Fed, China Rally Pauses Asian stock markets tumbled on Thursday after the Federal Reserve espoused a more hawkish outlook than expected, with Chinese equities cutting…
Dollar Edges Lower; Looming Fed Decision Limits Volatility The U.S. dollar edged lower in early European trade Wednesday, with traders cautious ahead of the conclusion of a crucial Federal Reserve…
01/11/2022 Oil Prices Trim Losses as OPEC Hikes Demand Forecast Oil prices trimmed recent losses on Tuesday after the OPEC raised its medium to long term demand forecasts and said…
31/10/2022 Asia FX Slips as Weak China Data Weighs, Fed Meeting Awaited Most Asian currencies retreated on Monday as weak Chinese economic data weighed on sentiment, while markets hunkered down…
Here is what you need to know about the important news between October 31st, 2022, and November 4th 2022, where we take a look at the economic data, market news…
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…
Crypto industry disappointed as Australia looks to enshrine tax rules The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for…
Chinese Yuan Hits 15-Year Low on Political Jitters, Weak PBoC Fix China’s yuan hit its weakest level in nearly 15 years on Tuesday, while its offshore counterpart hit a new…
Dollar fends off another suspected intervention from Japan Suspected Bank of Japan (BOJ) intervention gave only brief respite to the Japanese yen as the dollar stayed strong on Monday, while…
Here is what you need to know about the important news between October 24th, 2022, and October 28th, 2022, where we take a look at the economic data, market news…
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 rides Treasury yields higher, yen closes in on key 150 level The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the yen…
Asian shares dragged lower by China, UK inflation on radar Asian shares were mixed on Wednesday, with investors cautious on China amid the ongoing Party Congress, while European markets are…
New Zealand Dollar Jumps 1% as Rising Inflation Spurs Rate Hike Bets The New Zealand dollar jumped on Tuesday after inflation for the third quarter blew past expectations, driving up…