World markets rose today as investors cheered the ongoing progress on trade talks. Last week, US officials met with their Chinese counterparts in Beijing. This week, a number of senior Chinese officials will also visit Washington to continue with...
World markets rose today as investors cheered the ongoing progress on trade talks. Last week, US officials met with their Chinese counterparts in Beijing. This week, a number of senior Chinese officials will also visit Washington to continue with...
US stocks gained yesterday, continuing a four-day streak, as investors remain hopeful about a trade deal between the United States and China. The Dow, Nasdaq, and S&P gained by 117, 6, and 8 points respectively. Today, US Secretary of...
US futures rose in overnight trading after US lawmakers agreed, in principle, on funding border security. This was a culmination of weeks of negotiations in which the lawmakers wanted to avoid another government shutdown on Saturday. Even with the...
The price of crude oil extended Friday’s losses after data from Baker Hughes showed a ramp up in activity in the United States. Over the past week, US drillers added 7 new rigs, bringing the total to 584. This...
The Australian dollar declined sharply after the central bank introduced the probability of a rate cut. In a statement, the governor said that there were scenarios where the next move in interest rates was up and other scenarios where...
CAD and NZD are the top G10 FX gainers today, up 0.09% and -0.07% vs the dollar while JPY and AUD are the top losers, down -0.35% and -0.29% vs the dollar. The U.S. dollar stabilized after a two-week...
EUR and CHF are the top G10 FX gainers today, up 0.19% and 0.14% vs the dollar while GBP and AUD are the top losers, down -0.39% and -0.23% vs the dollar. AUD and CNY have slumped on bleak...
The Australian dollar declined in the Asian session after weaker-than-expected data from China. The data showed that manufacturing activity continued to contract in January. The Caixin manufacturing PMI was at 48.3, which was lower than the expected 49.5. It...