WEEKLY MARKET RECAP: January 31 – February 04, 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
ECB on hold but may acknowledge inflation risks The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge that inflation could stay high…
MARKET UPDATE
Oil companies, union to continue talks on worker contract -Union and energy company negotiators met on Tuesday without reaching agreement on a new labour contract covering 30,000 U.S. workers at…
MARKET UPDATE
Dollar Edges Lower; Australian Dollar Stabilizes After RBA Meeting The U.S. dollar edged lower Tuesday, continuing the previous session’s hefty losses, while the Australian dollar recovered after early selling on…
MARKET UPDATE
Dollar slips as U.S. yield curve flattens in big week for cbanks The U.S. dollar lurched lower on Monday, stepping back from a 1-1/2 year high tested on Friday, as…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 31st 2022 and February 4th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: January 24 – January 28, 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 heads for sixth weekly gain amid supply concerns Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their…
Stock selloff is far from forcing the Fed to blink
Those clinging to a decade-old belief that the Fed will mount a rescue of tanking stock markets with a last-minute pushback on the timing of interest rate hikes may be…
MARKET UPDATE
Dollar Hits 2022 High as Market Prices in More Fed Hikes The dollar hit its highest level this year in early dealings in Europe on Thursday, after the Federal Reserve’s…
MARKET UPDATE
German exporters start year in hopeful mood The mood among German exporters brightened considerably in January, with almost all industries expecting growth, the Ifo economic institute said on Wednesday. Ifo’s…
MARKET UPDATE
Three U.S. states, D.C. sue Google over location-tracking Texas, Indiana, Washington State and the District of Columbia sued Alphabet (NASDAQ:GOOGL) Inc’s Google on Monday over what they called deceptive location-tracking…
MARKET UPDATE
Japan aims to release prelim ‘Green GDP’ estimates by end-March – economy minister Japan is drafting an economic growth measure taking climate action into account and aims to release a…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between January 24th 2022 and January 28th 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: January 17 – January 21, 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
U.S. crude exports ramp up as global demand recovers U.S. crude exports are ramping up due to increasing demand from Asia and Europe and recovering U.S. production from the lows…
MARKET UPDATE
Singapore lists first SPAC as Asia investors warm up to blank check firms A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday, marking the…
MARKET UPDATE
UK inflation rises to highest in nearly 30 years British consumer price inflation rose more than expected to 5.4% in December, its highest in almost 30 years, official data showed…
MARKET UPDATE
Brent climbs to more than 7-year high on Mideast tensions, tight supply Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible…
MARKET UPDATE
Dollar Down, Investors Digest Surprise PBOC Benchmark Cut The dollar was down on Monday morning in Asia, with the People’s Bank of China (PBOC) springing a surprise benchmark cut. Investors…