Asian Markets Attempt Stall Recovery
In aviation, a stall is basically a condition where the pilot allows the aircraft’s speed to d...
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US Close – Netflix disappoints, US Retail sales impresses, EU Council meeting on tap, Oil softens, Gold tumbles
The US consumer continues to spend but labor market doubts and uncertainty over the upcoming school ...
USD/CAD Yawns Despite Strong Data in Canada, US
USD/CAD has recorded slight gains on Thursday, after posting strong losses on Wednesday. Currently, ...
Will EU members agree on recovery fund?
Leaders of the EU member states will meet on Friday for a crucial two-day summit. The key topic on t...
US Open – ECB’s easy meeting, Markets got China data wrong, USD rebounds, Oil softens, Gold steady, Earnings continue
European stocks and US futures are lower following soft Chinese consumption data and surging global ...
OPEC Increases Production, Gold Steady
Improved sentiment offsets OPEC+ production increase Oil prices ground out a slightly higher close o...
Dollar gains as Asian stocks dip lower
The US dollar claws back some losses in Asia With US after-market equity index futures leading stock...
Correction Sends Asian Stocks South
Equities are sagging in Asia A generally upbeat session in New York has reversed course in Asia, wit...
Dude, Where’s My Bitcoin?
Twitter overshadowed the headlines on an otherwise positive New York session overnight, but for all ...
UK100 – Verging on a Breakout?
OANDA Senior Market Analyst Craig Erlam talks about the UK100 (FTSE 100) and whether it may be about...
EU Close – Vaccine Put, Apple’s win, Oil’s Taper Tantrum, Gold steady, no surprises from BOC
Global stocks continue to rally on encouraging incremental vaccine news. Hope is sky high that a v...
USD/CAD steady as BoC holds the course on rates
After drifting in the early part of the week, USD/CAD has posted slight losses on Wednesday. Current...
USD/JPY Dips as BoJ Stands Pat on Policy
The Japanese yen has shown limited movement in recent weeks, with USD/JPY content to hover close t...
European Update – A Booster From Moderna
Can Earnings Support the Rally? Stock markets have been given another lift this morning by another p...
Oil in holding pattern ahead of OPEC meeting
Oil consolidates ahead of OPEC Monitoring Committee A positive session on Wall Street, led by energy...
EUR/USD Rises on Recovery Fund Hopes
EUR/USD stars as currency markets remain rangebound The euro had its day in the sun overnight, EUR/U...
Equities catch some Modern(a) love in Asia
Moderna vaccine trial boost US markets Asia is seeing patchy price action today, with the Moderna va...
Modern(a) love, walks beside me
Markets shrug on Moderna vaccine results It may not be Bowie, but Moderna Inc. is walking beside equ...
USD/CAD quiet as US inflation recovers
USD/CAD continues to drift this week. On Tuesday, the pair is trading quietly at 1.3615. On the fund...
US Open – JP Morgan paints bright picture for other banks, Delta slashes August flights, Oil’s taper tantrum, Gold consolidates
JPMorgan Chase & Co kicked off earnings season with a bang. A second consecutive quarter of r...