Australia to release RBA minutes and consumer sentiment
US debt crisis pushes US yields and the US dollar higher
AUD/USD has rebounded on Monday, after...
Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment.The views, thoughts and opinions expressed...
The British pound is almost unchanged on Thursday, trading at 1.2342 in the European session.
Markets brace for another decline in retail sales
All eyes...
The Australian dollar has extended its slide on Thursday. AUD/USD is trading at 0.6884 in Europe, down 0.82%.
Australian employment data disappoints
Australia’s December employment...
US stocks are wavered as traders digest mixed bank earnings, a disheartening Empire manufacturing report, and as Treasuries rally at the front-end of...
Oil retreat continues Oil prices continued falling overnight, powering the equity relief rally on Wall Street which has extended into Asia this morning. New York Empire State Manufacturing Index fell into negative territory overnight, and US PPI came in ever so slightly under expectations. In a market hungry for reasons to buy the dip, that […]
Covid, Ukraine weigh on oil The unwind of the oil trade is an easy one as a few reasons sent prices lower: China’s Covid surge has worsened as more lockdowns occur, expectations of a long Russia-Ukraine war has decreased as Eastern European leaders show unequivocal support for Ukraine’s independence, countries like India have bought Russian […]
US stocks are getting a boost from a trifecta of reasons: economic and political pressure grow for a Russian ceasefire, oil prices plunge, and after both a softer-than-expected PPI report and a disappointing Empire survey supports the idea that the Fed won’t have to be aggressive with tightening policy over the next few meetings. The […]
