Category: Daily

Profit-taking was the name of the game on Thursday as major assets reversed their trends for the week ahead of Powell’s keynote speech on Friday. Spot gold and the S&P 500 continued to trade lower near record highs, while U.S. bond yields and the U.S. dollar recovered despite mixed U.S.…

Just when the US dollar seemed to be in recovery mode, it posted another day in the red thanks to two major catalysts. How did the rest of the markets perform? Here are the top economic headlines and updates you need to know: Headlines: Japan’s trade deficit in July The…

Risk aversion has returned to the markets in recent trading sessions, sending stock indices lower again and pushing gold to test record highs. However, the US dollar failed to make safe-haven gains, as the greenback fell to its lowest level in a year. Check out these headlines and economic updates…

Market participants appear to have woken up on the right side of the bed this week, as the risk-on mood led to strong gains for stocks and high-yielding currencies on Monday. How did the rest of the asset classes perform? Let’s take a look at the latest headlines and market…

Market participants appear to have woken up on the right side of the bed this week, as the risk-on mood led to strong gains for stocks and high-yielding currencies on Monday. How did the rest of the asset classes perform? Let’s take a look at the latest headlines and market…

Dollar dominance was the name of the game after the US posted strong retail sales numbers. How did the rest of the currencies and asset classes perform? Let’s discuss the headlines: Headlines: Australia MI July inflation expectations rise to 4.5% from 4.3% The Australian economy added 58.2 thousand jobs in…

The Reserve Bank of New Zealand stole the show early today with a surprise interest rate cut, but data from the UK and US quickly drew attention to other market themes. How did your favorite assets trade on Wednesday? Let’s discuss the headlines: Headlines: The Reserve Bank of New Zealand…

Easing producer price pressures in the United States have fueled speculation of a Federal Reserve rate cut and encouraged risk-taking in markets. How did your favorite assets trade on Tuesday? Let’s take a look at the headlines that highlighted it: Headlines: Westpac: Consumer sentiment in Australia The index improved from…

Market price action was mixed at the start of the week, with some traders standing on the sidelines ahead of this week’s data releases while others factored in rising tensions in the Middle East. What assets are you watching closely that have seen increased volatility and price trends? We’re breaking…

Markets have been pricing in recession fears, sending prices of several major assets higher on Thursday. What headlines helped boost market sentiment yesterday? We break them down for you: Headlines: RICS: Scale UK house prices rise It reached -19% in July, which is more negative than the -17% reading in…

Risk aversion returned to financial markets mid-week, but crude oil still managed to make good gains. What’s up with that and how did the rest of the asset classes perform? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: China’s trade surplus July: $84.7…

A bit of calm has returned to the financial markets over the past few trading sessions, but we are still seeing significant movements between some major currencies and asset classes. Bitcoin saw a big rebound, closing up around 5% on the day while Treasury yields also made good gains. Here’s…

Traders appear to have woken up on the wrong side of the bed this Monday, as major asset classes found themselves in the red. What’s going on? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: Minutes of the Bank of Japan meeting revealed…