Europe trades lower as Covid concerns overshadow impressive PMI data
Covid concerns overshadow impressive PMI data Stocks in Europe are extending losses on Wednesday as ...
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The Day of the Dollar
OANDA Senior Market Analyst, Jeffrey Halley discusses the strength of the US dollar, noting some pot...
Oil claws higher, gold rises
Oil – recovers from oversold territory After crashing over 6% lower in the previous session, oil p...
Pound dips on soft inflation
The British pound is in negative territory in the Wednesday session. Currently, GDP/USD is trading a...
Oil slides on Covid fears, gold ranges
Oil prices collapse overnight A souring outlook for the global recovery as Covid-19 fears resurface,...
The dollar thrives in nervous Covid markets
Dollar rises despite lower yields Some degree of safe-haven flows appears to be emerging in the US d...
Asian stocks slide
Asian equities weighed down by Covid Asian markets are in defensive mode today, as concerns rise tha...
Yellen found taxing
The Janet Yellen/Jerome Powell double act did not entertain markets overnight. Mr Powell stuck to hi...
Stocks settle lower post Yellen/Powell, US data, decent 2-year auction, BOC ends emergency programs, bitcoin rises
US stocks slumped after Treasury Secretary Yellen and Fed Chair Powell made an uneventful first join...
Oil flips to contango, gold softens
Oil prices retreat on oversupply concerns Oil prices are declining as market structures flip to cont...
Japanese yen drifts, Powell & Yellen show
The Japanese yen continues to trade sideways this week. Currently, USD/JPY is trading at 108.71, dow...
Pound falls to 6-week low on soft job numbers
The British pound has recorded considerable losses on Wednesday and fallen below the 1.38 line. Curr...
NZ dollar plunges on housing reforms
The New Zealand dollar has plummeted in Tuesday trade. Currently, NZD/USD is trading at 0.7024, down...
Furlough masks UK labour market hit
Pound falls as unemployment claims soar A mixed jobs report is dragging on the pound. The ILO employ...
Europe trades lower on Covid, Powell in focus
One year after the start of the first lockdown and risk-off trade is keeping European indices firmly...
Oil falls below 60, gold eyes Powell
Oil’s bearish momentum picks up Crude has crashed its way through 60.00 as it struggles to find it...
Oil and gold drift lower
Oil prices edged lower overnight, Brent crude easing 0.40% to USD64.25 a barrel, and WTI edging 0.25...
New Zealand dollar sinks
New Zealand, Australian dollars show sharp losses Currency markets ranged overnight, with a slight f...
China equities head south
US futures, China equities retreat Wall Street had another no news is good news session, allowing th...
Follow the leader
Asian equities generally calm As has been the case in recent sessions, Asia is contenting itself wit...