The euro is listless in the Monday session. Currently, EUR/USD is trading at 1.1757, down 0.02%. Eurozone faces turning point with vaccine rollout Europe has been...
The Japanese yen is in positive territory to kick off the new trading week. Currently, USD/JPY is trading at 110.08, down 0.54% on the day. Consumer...
The Australian dollar has started the week with slight gains. Currently, the pair is trading at 0.7626, up 0.25% on the day. US Nonfarm Payrolls easily...
By Philipp Engler, Roberto Piazza and Galen Sher Español, 日本語, Русский Rapid vaccine rollout in the United States and passage of its $1.9 trillion fiscal stimulus package...
Asian equities muted in holiday trade Asia is treading cautiously this morning despite the blowout US Non-Farm Payrolls data on Friday pushing Wall Street to an...
Country US The US economy is about to run hot as a hiring spree has officially started. The dollar may have got its groove back as...
The US dollar strengthened during the Good Friday trading session, driven by a better-than-expected jobs report. The US economy saw the largest number of new jobs in seven months and blowing past payroll expectations, sending...
Overview: Most financial centers are closed for the holiday today. Those markets that were open in the Asia Pacific region, like Japan, China, and South Korea,...
The Sterling pound rallied against the dollar buoyed by the UK’s COVID-19 vaccination programme’s success that has seen infection and death rates decline. The GBP/USD currency pair’s rally was also fueled by the upbeat...
The euro rallied higher, boosted by the positive manufacturing PMI prints from across the euro area released by Markit Economics in the early European session. The EUR/USD currency pair also benefitted from the dollar’s overall...
Four major forces shaped the investment climate in the first quarter: the evolution of the virus and the rollout of the vaccine, the rising long-term interest rates...
The US dollar was mixed against its major currency rivals on Thursday following a disappointing initial jobless claims report. After a decent performance so far this week, the greenback is taking...
OPEC undecided, US Crude Inventories fall Oil prices fell overnight as the OPEC+ JTC produced no guidance for the ministerial meeting today, and OPEC quietly reduced...
Overview: The global capital markets have begun the new month and quarter on a good note. Equity markets are encouraged by yesterday's gains in the US. ...
Markets yawn on Biden infrastructure announcement President Biden released the first details of his highly anticipated infrastructure programme overnight. The package itself totalled around USD2.25 trillion...
The euro has recorded slight gains in the Wednesday session. Currently, the pair is trading at 1.1743, up 0.25% on the day. Will German Retail Sales...
Futures Flat, Yields Rise Ahead Of Biden Multi-Trillion Infrastructure Plan US index futures were little changed and global stocks treaded water on Wednesday as Treasury yields...
The Australian dollar continues to have a relatively quiet week. Currently, the pair is trading at 0.7609, up 0.18% on the day. Australia Retail Sales Next...
After a weak handover from Wall Street and Asia, European bourses are heading south, giving back some of yesterday’s gains. A combination of surging US treasury...
Overview: The US dollar is paring its recent gains against most major and emerging market currencies today, mainly on the back of month and quarter-end position...
China equities dip despite strong PMI reports Wall Street stocks ranged noisily overnight, finishing slightly lower on the day as they were buffeted by bond market...
Dollar shows gains as US yields rise The US dollar continued to march higher overnight, initially on the rise in US yields, while notably maintaining that...
The implications of President Biden’s Build Back Better programme are starting to dawn on financial markets. Overnight US yield spiked sharply higher, and although those losses...
Overview: The US 10-year yield is at new highs since January 2020, pressing above 1.77% and helping pull up global yields today. European benchmarks yields are...
US yields boost the dollar Once again, the US dollar rose overnight, powered by higher US yields. In contrast to the day before, the US dollar...
Futures Slides As Yields Surge, Archegos Jitters Persist US index future slumped on Tuesday as traders continued to fret over fallout from the implosion of Archegos...
Overview: The large block trade (~$20 bln) before the weekend, apparently from a family office, continued to have ripple effects today, but the MSCI Asia Pacific...
Property shares in the US topped returns for last week’s mixed results for the major asset classes, based on a set of exchange traded funds through...
BREAKING NEWS: Inchcape Shipping Services report the Ever Given has been successfully refloated. Twitter link here…. https://twitter.com/Inchcape_SS/status/1376372667398422528 Market’s eyes on heavy data calendar, Suez Canal...
The US dollar extended its recent gains even as the yield on the 10-year Treasury pulled back by more than 15 basis points.