Commodities and Cryptos: Oil drops, Gold stumbles as yields rise, Bitcoin higher
Oil Crude prices traded initially lower as a strong dollar returns and as big oil readies investment...
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Canadian dollar rallies on robust jobs report, US Producer Inflation is here
This week the Fed was mostly united in signaling they have the tools to fight inflation and that upc...
WTI dips, gold remains vulnerable
WTI crude oil struggles below USD60 Oil prices are mildly lower on the day but are set for over 3% l...
Germany heading for contraction, FTSE pauses for breath
Despite a fresh record high for the S&P overnight, European stocks are subdued on the final day...
Will Canada job report boost CAD?
The Canadian dollar has reversed directions on Friday and recorded slight gains. Currently, USD/CAD ...
Oil stays steady, gold climbs on US yields
Oil prices remain steady Oil had another sideways day in a narrow range overnight, with the opposing...
The US dollar retreat continues
Powell’s dovish speech sends dollar downwards The US dollar retreat deepened overnight, with i...
Asian equities are subdued
Asian markets mixed Asian markets are mostly lower this morning despite a positive US session. Growt...
Powell Keeps Fed’s Ducks in a Row
Powell sticks to dovish script Fed Chairman Jerome Powell stayed solidly on message overnight, empha...
Stocks rise as Powell stays dovish, dollar down
Wall Street is betting on the Fed and just wants to stay the course with US stocks. Percolating ri...
Oil consolidates, gold higher
Oil looking for direction Crude prices are struggling for direction as short-term COVID pressures ar...
NZD rises despite soft business confidence
The New Zealand dollar has posted gains on Thursday, erasing most of the losses sustained on Wednesd...
Pound steadies on sharp Construction PMI
The British pound has reversed directions on Thursday and posted slight gains. Currently, GDP/USD is...
Euro drifting after FOMC stays dovish
The euro is almost unchanged in the Thursday session. Currently, EUR/USD is trading at 1.1880, up 0....
Dovish Fed boosts sentiment overshadowing AstraZeneca restrictions
Optimism surrounding the global economic recovery, supported by an accommodative Fed, lifted Europea...
Oil dips over Covid, gold remains steady
Fed remains dovish The minutes showed that Federal Reserve officials remain committed to their dovis...
Oil drifts, gold edges lower on US yields
Oil trades sideways With no real fireworks from the FOMC minutes and no new emerging drivers for pri...
The US dollar rises slightly after FOMC
US yields lift dollar The FOMC minutes “balanced risk” comments were enough to move US y...
Asian equities are mixed
Asian markets directionless after FOMC minutes Asian equities are mixed today after a non-descript s...
Minutes keep markets drifting
Markets show muted response to FOMC minutes The FOMC minutes passed without incident overnight. The ...