Risk Warning: Trading in the foreign exchange (Forex) market carries high risks as it involves trading on margin, and this type of investment may not be suitable for all investors.
Yen Hits 38-Year Low Against Dollar Amid Limited Intervention from Japan The yen reached a new 38-year low against the dollar and a record low against the euro on Wednesday, continuing its downward trend as Japanese officials remained largely passive, despite the risk of market intervention. The dollar slightly declined against a basket of […]
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act Read More »
Oil Prices Steady Amid Mixed Economic Signals Oil prices steadied on Wednesday after earlier gains, influenced by an unexpectedly large draw in U.S. crude stockpiles, tempered by economic concerns from China and the euro zone. By 0925 GMT, Brent crude futures had edged up by 7 cents, or 0.08%, to $86.31 per barrel. U.S.
Oil prices steady after large US crude inventory draw Read More »
U.S. Stock Futures Edge Higher on Dovish Fed Comments U.S. stock index futures inched higher on Wednesday amid holiday-affected trading volumes, bolstered by dovish remarks from Federal Reserve Chair Jerome Powell. As of 06:00 ET (10:00 GMT), Dow Jones Futures rose by 65 points, or 0.2%, S&P 500 Futures climbed 4 points, or 0.1%,
US stock futures edge higher with more Fed signals, labor data on tap Read More »
U.S. Stock Futures Steady Ahead of Key Data Releases U.S. stock futures hovered near the flatline on Wednesday as investors awaited the release of the Federal Reserve’s latest meeting minutes and fresh labor market data. Major indices climbed in the previous session, with the benchmark S&P 500 closing above 5,500 points for the first
Futures muted, Fed minutes ahead – what’s moving markets Read More »
A Look at the Day Ahead in European and Global Markets from Ankur Banerjee European markets are set for a strong start to the second half of the year after the first round of voting in France placed the far-right National Rally (RN) party in the lead, albeit with a smaller share than some
Morning Bid: Euro strength and horse-trading in France Read More »
Oil prices rose on Monday, bolstered by predictions of a supply deficit due to peak summer fuel consumption and OPEC+ production cuts in the third quarter. However, gains were limited by global economic challenges and increasing non-OPEC+ output. Brent crude futures increased by 33 cents, or 0.4%, to $85.33 a barrel by 0439
Oil prices climb on summer demand outlook Read More »
Euro Hits Two-Week High Amid Uncertainty Following France’s Election The euro reached a two-week high during Asian trading hours on Monday after the initial round of France’s unexpected snap election positioned the far-right in the lead. However, the final outcome remains unclear, leaving investors bracing for more volatility. Marine Le Pen’s National Rally
Euro rises to two-week high after France’s far-right wins first-round vote Read More »
Bitcoin Recovers Amid Market Uncertainty Bitcoin prices rose on Monday, bouncing back from recent losses, though overall sentiment toward the token and the broader cryptocurrency market remained largely negative. Potential Major Liquidation Event Looms Markets are on edge due to the anticipated major liquidation event with the now-defunct exchange Mt Gox set to begin
Bitcoin price today: steadies at $63K with Mt Gox, rate signals in focus Read More »
Euro Rises Following French Election, Yen Struggles Near 38-Year Low The euro climbed on Monday after the first round of France’s snap election showed the far-right party leading, though by a narrower margin than expected. Meanwhile, the yen struggled to break away from its near 38-year low. Marine Le Pen’s far-right National Rally
Euro rises after France’s first-round vote; yen fragile Read More »
Gold Prices Dip in Asian Trade Amid Expectations of U.S. Rate Cuts Gold prices weakened during Asian trading on Monday, receiving limited support from rising expectations of U.S. interest rate cuts as traders awaited further cues from the Federal Reserve and U.S. economic data this week. The yellow metal remained within a trading range
Gold prices soften, see little relief from increased rate cut bets Read More »