Pound drifting ahead of UK retail sales
Markets brace for soft retail sales It continues to be a quiet week for the British pound. That coul...
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Japanese yen eyes inflation report
The Japanese yen is in positive territory today, extending its gains from yesterday. USD/JPY is trad...
Euro slips on weak PMIs
The euro is in negative territory on Thursday and has pared most of this week’s gains. EUR/USD...
Oil falls, gold continues range-trade
Oil prices edge lower in Asia Oil prices tumbled in Asia yesterday morning but managed to recover so...
US dollar continues range-trading
Currency markets continue their sideways trading With the notable exception of the Japanese yen once...
Asian equities are very mixed today
Asian markets directionless after Powell testimony Wall Street had an inconclusive session overnight...
Powell uses the “R-word”
Markets looking for direction after Powell testimony Federal Reserve Chairman Jerome Powell’s semi...
Oil crushed on recession fears, gold steadies
Oil pares losses after Powell testimony Oil volatility will remain elevated now that opposing opinio...
Powell signals Fed needs to be nimble, Canada Inflation hits near 40-year high, bitcoin tries to hold USD20k
After what might be the worst first six months of the trading year for the S&P 500 since the 19...
Oil retreats, gold stuck in range
Are we seeing a recession being priced into oil markets? Is oil prices getting whacked the clearest ...
Don’t get too excited by bear-market rallies
European stock markets are falling heavily again on Wednesday, reminding us all once more why we sho...
NZ dollar slides as risk sentiment falls
The New Zealand dollar is sharply lower on Tuesday. NZD/USD is trading at 0.6261, down 1.14% on the ...
British pound yawns as CPI matches estimate
UK inflation nudged higher in May, as was expected. The headline release rose to 9.1% YoY, up slight...
Canada’s CPI expected to rise
The Canadian dollar started the week with gains, but has reversed directions on Wednesday. USD/CAD i...
Oil pares gains, gold range trades
Oil prices slump in Asia Oil prices probed the topside intraday overnight but gave back those gains ...
Currency markets continue sideway trading
US dollar steady ahead of Powell testimony With the notable exception of the Japanese yen once again...
Asia markets drop ahead of Powell testimony
Asian equities ignore the overnight Wall Street rally Wall Street rallied broadly overnight, with th...
Gone in 60 seconds
Gone in 60 Seconds was a movie released in 2000 starring Nicholas Cage who is charged with stealing ...
Oil rebounds, gold struggles
Oil rallies on tight supplies Oil prices are rallying as last week’s selloff was overdone given ho...
Blockchain of broken dreams, stocks bounce back, data shows slowing growth and not a collapse
Blockchain of Broken Dreams Crypto traders have been walking a lonely road that no one knows how low...