MARKET UPDATE
Dollar wobbles near eight-month low ahead of central bank meetings The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season…
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Dollar wobbles near eight-month low ahead of central bank meetings The dollar held close to an eight-month low against its peers on Thursday, as a gloomy U.S. corporate earnings season…
Oil rises on China recovery hopes, OPEC+ seen standing pat Crude oil prices inched higher on Wednesday as optimism for a demand recovery in China and expectations that major producers…
Dollar in doldrums as euro near 9-month peak, yen bounces The dollar hovered near a nine-month low to the euro and gave back recent gains against the yen on Tuesday,…
Here is what you need to know about the important news between January 23rd, 2023, and January 27th 2023, where we take a look at the economic data, market news…
Euro clears 9-month peak as ECB hawks let fly. The euro scaled a nine-month high on the dollar on Monday as more hawkish comments on European interest rates contrasted with…
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 set for second week of gains on brighter China outlook. Oil prices were set to post a second straight week of gains on Friday, spurred largely by brightening…
Oil prices dip as markets gauge U.S. inventory build Oil prices fell further on Thursday as industry data signalled another big weekly build in U.S. crude inventories, while weak economic…
Oil prices muted amid recession fears, OPEC report awaited Oil prices moved little on Tuesday as markets awaited a slew of economic readings this week to gauge the potential for…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…