WEEKLY MARKET RECAP: August 08 – August 12, 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…
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MARKET UPDATE
Dollar Recovers Some Losses After Inflation-Driven Drop The dollar made up some losses on Thursday after a steep drop the previous day on softer than expected inflation data out of…
MARKET UPDATE
Oil Extends Losses on Fears of Rising U.S. Inventories, CPI Jitters Oil prices fell on Wednesday, extending overnight losses after industry data showed U.S. crude stockpiles grew more than expected…
MARKET UPDATE
Oil dips on chance of Iran supply boost Oil prices pulled back slightly on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which…
MARKET UPDATE
Crypto.com Expands in South Korea, Looks Beyond Market Route Digital currency platform Crypto.com unveiled acquisitions in South Korea, pushing ahead with expansion in a bet that digital-asset markets will recover…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 8th, 2022, and August 13th, 2022, where we look at the economic data, market news and headlines…
MARKET UPDATE
Dollar Edges Higher; Nonfarm Payrolls Loom Large The U.S. dollar edged higher in early European trade Friday, attempting to recoup some of the previous session’s hefty losses ahead of the…
WEEKLY MARKET RECAP: August 01 –August 05 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
Asian Currencies Muted as USD Retains Strength Most Asian currencies kept to a tight range on Thursday as the U.S. dollar remained underpinned by expectations of a hawkish Fed, while…
MARKET UPDATE
Dollar Edges Higher; Boosted by Hawkish Fed Officials, Pelosi Visit The U.S. dollar edged higher in early European trade Wednesday, maintaining the overnight gains on raised geopolitical tensions and after…
MARKET UPDATE
Oil slips as global demand concerns weigh Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as…
MARKET UPDATE
Dollar struggles at 6-week low The U.S. dollar sank to its lowest in more than six weeks versus the Japanese yen on Monday as investors ramped up bets that aggressive…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 1st 2022 and August 5th, 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Down on View Fed to Slow Hikes The dollar was down on Friday morning in Asia as investors bet on slower hikes from the U.S. Federal Reserve. “Lower yields…
WEEKLY MARKET RECAP: July 25 – July 29, 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 extends gains as risk appetite improves, U.S. inventories fall Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite…
MARKET UPDATE
Deutsche Bank extends profit streak in Q2 but warns on economy Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit on Wednesday as investment banking revenues rose, though the…
MARKET UPDATE
Dollar Down Despite a Potential U.S. Interest Rate Hike The dollar was down on Tuesday morning in Asia ahead of the U.S. Federal Reserve policy decision. A 50bp hike from…
MARKET UPDATE
Euro Edges Lower Against Dollar Ahead of Key Fed Decision The euro edged lower against the dollar on Monday, as investors weighed the potential size of an expected Federal Reserve…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between July 25th, 2022, and July 29th 2022, where we take a look at the economic data, market news…