Plenty for Asia to think about today
There is plenty for Asia to think about today, with the BoJ unchanged, China clamping down on proper...
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Commodities and Cryptos: Oil lower on strong dollar, Gold shines, Bitcoin drops
Oil Crude prices were weighed down by a strong dollar and rising expectations that OPEC+ might not b...
US Close: Fed Chair Powell sticks to dovish script, Dollar rallies
US stocks tumbled after a second day of Fed Chair Powell’s dovish testimony didn’t provide any f...
NZ dollar under pressure ahead of CPI
The New Zealand dollar has reversed directions and is down considerably on Thursday. Currently, NZD/...
UK job report shines but pound dips
In North American trade, GBP/USD is trading at 1.3861, up 0.01% on the day. Earlier in the day, the...
Oil declines, Powell lifts gold
Oil – Oil slides as OPEC could increase supply Oil prices are trading lower on Thursday, extending...
Covid concerns hit cyclicals and travel stocks
European stocks are heading lower for a second session, dragged down by oil majors and travel stocks...
Aussie falls despite strong job data
The Australian dollar has edged lower in Thursday trade. Currently, AUD/USD is trading at 0.7460, do...
Oil lower on OPEC+, gold rallies on Powell
OPEC+ sends oil lower Reports are emerging that Saudi Arabia and the UAE have reached an agreement o...
Powell remains in transit
The Federal Reserve Chairman steadied the post-US-inflation ship overnight, reiterating that virus-d...
Powell’s dovish stance sends dollar down
Transitory Fed weakens US dollar With Jerome Powell firmly camped still in the transitory inflation ...
Stock markets are mixed in Asia
Japanese equities dip, China edges higher Stock markets are a mixed bag in Asia after Wall Street li...
Oil sinks, gold rises
Oil slides on inventories, OPEC+ Crude prices tumbled after gasoline and distillate inventories gre...
Yields get Powelled, iPhone super cycle, PPI, BOC tapers again, bitcoin turns positive
Powell stays dovish US stocks made another record high after Fed Chair Powell’s prepared testimony...
Australian dollar higher ahead of Consumer Sentiment
The Australian dollar has posted considerable gains in Wednesday trade. Currently, AUD/USD is tradin...
BOC tapers again, Powell stays dovish
The Canadian dollar posted considerable gains earlier in the day but has retreated. Currently, USD/C...
NZD soars as RBNZ stops asset purchases
The New Zealand dollar has soared on Wednesday, punching above the symbolic 70-level. Currently, NZD...
Oil dips ahead of EIA, gold rises slightly
Oil – edges lower EIA data up next Oil is trading with a slight negative bias after strong gains i...
Inflation spooks the market, Powell’s testimony in focus
European stocks traded broadly lower on Wednesday amid rising concerns over surging global inflation...
Blockbuster CPI lifts US dollar
US dollar rallies on US inflation data The title says it all as much higher than expected US inflati...