Global stocks were relatively mixed in early trading as investors reacted to the new agreement by G7 member states on taxation. In Asia, the Hang Seng and Nikkei 225 indices declined by more than 0.30% while American and European...
Global stocks were relatively mixed in early trading as investors reacted to the new agreement by G7 member states on taxation. In Asia, the Hang Seng and Nikkei 225 indices declined by more than 0.30% while American and European...
Rates and Inflation During the upcoming week traders and investors look to key interest rate decisions from the European Central Bank and Bank of Canada, and Consumer Price Index inflation data from the United States. The US CPI inflation...
US futures continued their upward trend during the Asian session as traders remained optimistic about the recovery of the American economy. Dow Jones futures rose by 25 points while the S&P 500 rose by 5 points. The focus remained...
The Australian dollar rose in early trading as investors reacted to the latest Reserve Bank of Australia (RBA) interest rate decision and PMI data from China and Australia. The RBA left the interest rate and quantitative easing policies unchanged...
During the upcoming trading week the release of the US Non-farm payrolls job report and the Reserve Bank of Australia jobs report takes center stage. The US jobs report is expected to show an improvement from the previous months...
Cryptocurrency prices declined further during the weekend after signs emerged that the United States will tighten regulations. In an interview with the FT, the head of the Office of Comptroller of Currencies (OCC) said that she hoped that the...
The US dollar was little changed in the American and Asian sessions after a data dump in the United States. According to the statistics agency, the economy expanded by 6.4% in the first quarter, a lower reading than the...
The Australian dollar was little changed in early trading as traders reflected on the latest China industrial profit Australian capital expenditure data. According to the Chinese statistics agency, industrial production rose by 57% in April after rising by 92.30%...
The New Zealand dollar rose sharply after the hawkish statement by the Reserve Bank of New Zealand. The bank concluded its two-day meeting today and hinted that it will start tightening in the coming year. It left the official...
US stocks rose on Monday helped by technology companies. The Nasdaq 100 index rose by 190 points while the Dow Jones and S&P 500 index rose by 1% and 0.5%, respectively. Market participants are paying attention to recent economic...