Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday
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A Slump in Asian Stock Market Due to Bank Fears
Asian stocks were mostly lower on Thursday, mirroring a decline in Wall Street as concerns over the US banking sector an
Commodity market falls under pressure
The commodity market received pressure from outside factors that led to major commodities fluctuating. Oil was unable to
Oil market set for weekly decline as recession worries intensify
Despite modest improvements on Friday, oil prices were heading for a second week of losses. The weak US economic data an
A Slump in Asian Stock Market Due to Economy Worry
On Wednesday, Asian stocks were mostly lower as concerns mounted over the global economy’s health following the Wall S
The recent performance of Bitcoin and altcoins has not been as strong
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Ministers of OPEC oil producers and allies, including Russia, agreed on Sunday
WTI crude is to record a weekly decline amid the easing Middle
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US interest rates and February inflation statistics boosted dollar
The dollar advanced in early trade as the market turned its view
The dollar rises again after closing of SVB
The dollar rose steadily after falling after the Silicon Valley Bank closed on Monday. Consumer Price Index readings can potentially cause further volatility on a global scale. Traders quickly downgraded their forecasts for a rate hike by the Federal
Emerging market currencies edge higher after SVB collapse
Emerging market currencies edged higher after a sharp drop in the dollar amid increased bets that the US Federal Reserve will immediately pause its aggressive monetary policy following the collapse of Silicon Valley Bank. MSCI’s gauge of emerging market
Dollar index held steady today
The dollar index was steady, while the yen weakened after the Bank of Japan held its stimulus parameters steady. The dollar rose sharply by 0.64% in comparison to the yen upon the decision by the Bank of Japan to
Forex Markets: Dollar grapples ahead Fed minutes while gaining in Yen
The dollar struggles on facing its peers today, falling before the Federal Reserve’s (Feds) policy minute talk. However, it manages to gain on the yen when strong investor risk desires to rim the demand of the Japanese money. That
Currency Pairs: Yuan, Aussie Rise on Trade Hopes
CURRENCY PAIRS – Hopes over an imminent trade deal between the United States and China that could potentially end a year-long tit-for-tat tariff dispute pushed the yuan and the Australian dollar higher on Monday. Behind such optimism was a
Dollar Soars, Aussie Slips on Economic Report
CURRENCY PAIRS – The dollar climbed up to a near-record-high against other majors early on Wednesday thanks to higher US yields and estimate-topping data. The Aussie, on the other hand, plummeted after lackluster economic growth data for the previous
FX Market: Dollar Weakens on Soft US Economic Data
FX Market – Lackluster US economic data weakened the US dollar as it strengthened speculations that the Federal Reserve will cut rates in the year. Meanwhile, the British pound stayed near nine-month highs as market participants hope for a
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Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%
Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5% increase from 2021’s revenue figure of £94 million. Meanwhile, other operating income reduced to £1.7
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US interest rates and February inflation statistics boosted dollar
The dollar advanced in early trade as the market turned its view on possible moves in US interest rates on Tuesday amid February inflation statistics. The US consumer price index retreated to 6%. Still, key parts of the report showed negative price increases quickly, showing the Federal Reserve’s lack of room
The dollar rises again after closing of SVB
The dollar rose steadily after falling after the Silicon Valley Bank closed on Monday. Consumer Price Index readings can potentially cause further volatility on a global scale. Traders quickly downgraded their forecasts for a rate hike by the Federal Reserve. The euro is down 0.1% at $1.073 in recent weeks as
Emerging market currencies edge higher after SVB collapse
Emerging market currencies edged higher after a sharp drop in the dollar amid increased bets that the US Federal Reserve will immediately pause its aggressive monetary policy following the collapse of Silicon Valley Bank. MSCI’s gauge of emerging market currencies rose 0.6%, hitting a one-month high earlier in the day. The
Dollar index held steady today
The dollar index was steady, while the yen weakened after the Bank of Japan held its stimulus parameters steady. The dollar rose sharply by 0.64% in comparison to the yen upon the decision by the Bank of Japan to retain its policy at the last conference held by the governor. After the
Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%
Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5%
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