MARKET UPDATE
Asia FX rallies, dollar sinks as Powell touts tepid rate hikes Most Asian currencies extended gains on Thursday, while the dollar slipped further after Federal Reserve Chair Jerome Powell said…
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Asia FX rallies, dollar sinks as Powell touts tepid rate hikes Most Asian currencies extended gains on Thursday, while the dollar slipped further after Federal Reserve Chair Jerome Powell said…
Oil rises on U.S. inventory draw, but China fears spur steep monthly loss Oil prices rose further on Wednesday after data pointed to a large weekly drawdown in U.S. crude…
Asia FX shrugs off hawkish Fedspeak, China in focus Most Asian currencies recovered sharply from recent losses on Tuesday despite hawkish signals from the Federal Reserve, with focus remaining squarely…
Here is what you need to know about the important news between November 28th, 2022, and December 2nd, 2022, where we take a look at the economic data, market news…
Dollar rises, yuan slumps as China’s COVID unrest spooks markets The dollar climbed on Monday as protests in China against the government’s anti-COVID policies made investors turn away from riskier…
Oil up amid wrangling over Russian oil price cap Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and…
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 drops as risk appetite improves after Fed minutes The U.S. dollar was broadly weaker on Thursday as investors, encouraged by the prospect of a slower pace of interest rate…
Oil prices steady as China demand concerns offset drop in U.S. crude stocks Oil prices were steady on Wednesday as concerns about lower fuel demand from China amid tightening COVID-19…
Dollar gains as China COVID worries spur safe haven buying The U.S. dollar was firmly higher against major currencies on Monday, while China’s yuan slipped as sentiment was soured by…
Here is what you need to know about the important news between November 21st, 2022, and November 25th, 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…
Gold pressured by hawkish Fed, copper slammed by China COVID woes Gold prices rose slightly on Friday but were set to end the week lower as hawkish comments from Federal…
Asia FX slumps, dollar steadies as Poland strike sours sentiment Most Asian currencies sank on Wednesday as a potential Russian missile strike on Poland drove investors away from risk-driven assets,…
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash Solana, a poster coin of the crypto future, is in trouble. The cryptocurrency, which had been lauded by FTX’s founder…
WEEKLY ECONOMIC CALENDAR AHEAD Here is what you need to know about the important news between November 14th 2022 and November 18th 2022, where we take a look at the…
As regulators scrutinise FTX, investor focus swings to Crypto.com The fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants…
WEEKLY MARKET RECAP: November 7 –November 11 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus…
Oil rises on dovish CPI, but recession fears spell weekly losses Oil prices rose on Friday after softer-than-expected U.S. inflation data ramped up hopes of smaller interest rate hikes by…
Oil steadies as traders await direction from U.S. inflation data Oil prices steadied on Thursday after falling for three days as the impact of renewed COVID curbs in China, the…