Oil prices Bullish As Geopolitical Tension Escalates
Geopolitical tensions in the Middle East have intensified, driving oil prices up by more than 3% since the start of the week
Dollar Dips Ahead of Key Data, Fed Insights
The Dollar Index dipped as investors took profits ahead of key economic data and events later this week
Dollar Gain on Hawkish Fed Prospect
U.S. PMI readings beating market expectations fuels dollar upward momentum.
Gold Prices Back to All-time High Territory
geopolitical issues in Eastern Europe and the Middle East have intensified, driving safe-haven gold prices to all-time high levels.
Eyeing on Today’s Euro CPI
euro traders are awaiting today's CPI reading to gauge the euro's price movement.
Soft CPI Hammers Dollar to Monthly Low
Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus.
Gold Surge on Soften Dollar
gold prices rebounded strongly on the back of the softening U.S. dollar, while oil prices remained steady.
BoJ Trim Bond Buying Amid Weakening Yen
Japanese authorities reduced their bond purchases in regular operations in response to the significant depreciation of the yen.
Soft U.S. Job Data Hammers Dollar
the dollar's upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseen since last November.
Hawkish Fed’s Comment Strengthen the Dollar
the U.S. Dollar Index (DXY) has experienced a resurgence, presently holding above the 105 mark. This strength is supported by a hawkish tone from Federal Reserve officials.
Soft NFP Spurs Stock Market
Last Friday saw a notable weakening in the dollar, with the dollar index (DXY) declining to its monthly low following the underwhelming U.S. Non-Farm Payroll (NFP) report, which significantly missed market expectations.
All Eye Will Be On Today’s NFP
Market attention now shifts to today's U.S. NFP reading, which could provide insights into the Fed's forthcoming monetary policy decisions.
Dollar Hammers by Dovish Powell Statement
Powell's dovish stance prompted a sharp decline in the strength of the U.S. dollar, while gold prices rebounded on the prospect of a softer dollar.
Dollar Strengthens on Strong U.S. Wage Data
The U.S. dollar surged and equities stumbled following the release of the U.S. employment cost index, which revealed a robust 1.2% increase, the sharpest uptick in a year.
Japanese Yen Fluctuation Eases after Rumour Clear
The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session.
Japanese Yen Seesaw after Hitting 160 Mark
The Yen breached psychological resistance level at 160 against the U.S. dollar, as market participants observed no signs of Japanese authorities intervention.
All Eyes on Today’s U.S. PCE
The U.S. PCE index, scheduled for release later today, may exceed expectations, dampening prospects for Fed interest rate cuts.
Wall Street Closes Higher on Profit Optimism
U.S. markets experienced significant gains, with both the Nasdaq and S&P 500 closing up over 1% on impending earnings reports from tech giants
U.S. Stock Markets Rebound on Profit Optimism
the spotlight shifts to the U.S. equity market, particularly with the impending release of earnings reports from tech giants
Oil Prices Plummet on Strong U.S. Crude Inventories Build-up
Oil prices experienced a significant drop in the last session that was influenced by an accelerating build-up in U.S. crude inventories and concerns about oil demand.