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.
Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage. The trend in daily new cases is rising...
Rising values for the US dollar and US treasury yields have added headwinds to gold for most of March preventing any sustainable gains. The post Metals...
The US dollar is finding support for its safe-haven appeal amid disappointing economic data and modest gains in the financial markets. The US Dollar Index (DXY), which measures the greenback against a basket of currencies,...
The Sterling pound rallied against the dollar boosted by the upbeat UK retail sales report released earlier today as investor appetite for the pound remained high. The GBP/USD currency pair’s gains were limited by worries...
Oil markets consolidate, very noisily The Ever Given refloating rumours that swept Asia yesterday were quickly quashed but could not stop oil giving back much of...
Suez Canal remains blocked The rumours sweeping Asia over the giant container ship blocking the Suez Canal turned out to be just that, rumours, with the...
The euro has lost more ground in the Thursday session. Currently, EUR/USD is trading at 1.1773, down 0.34% on the day. On the fundamental front, Germany...
The British pound has recorded slight gains in the Thursday session. Currently, GDP/USD is trading at 1.3726, up 0.29% on the day. On the fundamental front,...
The US dollar is recording gains on Thursday following a better-than-expected initial jobless claims report. As the broader financial markets continue their lackluster performance, investors have been pouring into the conventional safe-haven...
Oil Oil is once again trading lower as recent volatility calms, but is still a long way from petering out. Following around 6% swings over the...
The Swiss franc is down slightly in the Wednesday session, after sustaining sharp losses a day earlier. Currently, USD/CHF is trading at 0.9350, up 0.12% on the...
Futures Rebound Led By Tech With Yields Flat Ahead Of Powell Part 2 US stock futures rebounded after Tuesday's rout as Intel’s shares surged on plans...
The euro extended its losing streak against the dollar for the second day in a row despite the release of multiple upbeat euro area PMIs by Markit Economics. The EUR/USD currency pair’s decline mimicked the dollar’s rally,...
Covid concerns overshadow impressive PMI data Stocks in Europe are extending losses on Wednesday as covid concerns overshadow upbeat PMI data. Meanwhile, US futures are bounding...
Oil prices collapse overnight A souring outlook for the global recovery as Covid-19 fears resurface, and it appears there is still plenty of speculative long positioning...
Dollar rises despite lower yields Some degree of safe-haven flows appears to be emerging in the US dollar as it rallied impressively overnight. The strong bid-to-cover...
The Janet Yellen/Jerome Powell double act did not entertain markets overnight. Mr Powell stuck to his inflation is temporary, nothing to see here move along mantra....
The Japanese yen continues to trade sideways this week. Currently, USD/JPY is trading at 108.71, down 0.12% on the day. The Japanese yen remains under pressure,...
The Japanese yen continues to trade sideways this week. Currently, USD/JPY is trading at 108.71, down 0.12% on the day. The Japanese yen remains under pressure,...
Oil’s bearish momentum picks up Crude has crashed its way through 60.00 as it struggles to find its feet again following last week’s decline. After four...
New Zealand, Australian dollars show sharp losses Currency markets ranged overnight, with a slight fall in US yields prompting the US dollar index to retreat by...
Stock Indices on the Slide Global stock indices were treading water early on Monday, with Europe and Asian markets hovering near the security... Read More... The...
Concerns over Germany extending lockdown restrictions, the UK pushing out its travel ban combined with the tanking Turkish lira set European bourses off on the back...
The New Zealand dollar has kicked off the new trading week with slight gains. Currently, NZD/USD is trading at 0.7182, up 0.33% on the day. NZ...