Japan’s Nikkei 225 has surged 1.42%. The index fell last Friday after Prime Minister Shinzo Abe's resignation caused uncertainty over the next fiscal and monetary stimulus moves...
The weak US dollar continues fueling gains in EURUSD, GBPUSD and AUDUSD. The EURUSD advanced to 1.19, and Cable hit a fresh post-pandemic high at 1.3284...
The Federal Reserve (Fed) Chair Jerome Powell brought a new policy approach on the table at yesterday’s Jackson Hole meeting, tweaking the Fed’s inflation target from 2% to ‘2% over time’ as expected...
The US dollar index slipped below the 93 mark ahead of the Jackson Hole meeting, and the US 10-year yield steadied a touch below the 0.70% mark. The greenback continues defining the trajectory of EURUSD and GBPUSD...
Hurricane Laura could be the worst to hit the Texas-Louisiana border in the last 160 years, but the oil market remains surprisingly calm faced with a potentially meaningful supply disruption in the US south coast...
The US dollar remains steady near the 93 mark, but the treasuries are dumped. The US 10-year yield advanced above 0.71% as capital moves to risky equity markets for better returns. Capital leaves gold as the risk rally intensifies...
The US dollar remains steady near the 93 mark and the US 10-year yield is little changed at about the 0.66% handle. So are the EURUSD and GBPUSD, where the fluctuations are almost fully driven by the US dollar appetite. The EURUSD tested 1.1780 on the downside but rebounded past the 1...
The S&P500’s (+1.00%) fresh rise to historical high levels on Monday proved once again that investors see what they want to see only...
The EURUSD kicked off the week on a slightly bearish note. The steady US dollar sent the pair below the 1.18 mark in Asia...
Asian markets opened the week on a slightly upbeat note following a positive close in the US on Friday. Stocks in Sydney (+0.14%) and Tokyo (+0.05%) were flat, and the Hang Seng (+1...
The US dollar remains vulnerable as the 10-year treasury yield declines to 0.65%. Inflation in Japan hit a four-month high of 0.3% m-o-m in July, mainly due to a rise in food prices, though the core inflation remained flat at 0% y-o-y...
US equity indices edged higher, as Nasdaq (+1.06%) rallied to a new record on Thursday, on concerns that the Covid-19 environment would last longer and maintain the strong demand in tech and online services...
In the FX, the US dollar continues dictating the overall direction. The EURUSD and the GBPUSD gave back their early-week gains on the back of a global rebound in the US dollar...
The S&P500 (-0.44%) came off from its record highs following the Federal Reserve’s (Fed) reluctance to offer more guidance immediately...
The S&P500 (+0.23%) finally closed above its February, and all-time high. This was the fastest rebound from a bear market after the pandemic-induced sell-off erased more than 20% of its value in the first quarter of the year. Nasdaq closed 0.73% higher...
Escalating US-China tensions weighed on sentiment in Asia. Equities in Shanghai (+0.32%) and Hong Kong (-0.02%) lacked direction, the ASX (+1...
The US dollar sank to a two-year low after the Empire Manufacturing index warned that the business conditions in the US deteriorated significantly more than expected in August, with the headline figure showing a decline to 3.7 from 17.2 printed a month earlier...
