Sell-off gathers momentum
It was a fairly timid start to the week but the sell-off accelerated around the open on Wall Street,...
Aussie steady ahead of retail sales
The Australian dollar is trading quietly at the start of the week. In the North American session, AU...
Canadian dollar dips as US dollar recovers
The Canadian dollar has started the week in negative territory. In the North American session, USD/C...
Euro edges lower at start of week
The euro is in negative territory at the start of the new trading week. EUR/USD is trading around 1....
Asian equities diverge
Asian markets look for direction Friday’s US data dump saw the interest rate hawks win the day,...
Asia struggling for conviction
US jobs data a mixed bag The conflicting hodgepodge of US employment data released on Friday nigh...
Pound steady as markets eye NFP
UK Construction PMI cools off The UK Construction PMI for December indicated that growth at coole...
Yen hovers just below 116
All eyes are on US nonfarm payrolls, perhaps the monthly highlight on the economic calendar. An inte...
Buying the dip
Markets calm ahead of US nonfarm payrolls Lots of noise, but little substance probably describes ...
Canadian dollar extends losses
The Canadian dollar has extended its losses on Thursday as USD/CAD briefly punched above the 1.28 li...
Oil and gold trading sideways
Oil is bid despite its fall today Oil prices were almost unchanged overnight, despite a massive 1...
Asia follows Wall Street south
Hawkish FOMC minutes send equity markets lower Wall Street had a torrid session as a hawk FOMC mi...
The street was clearly long Omi-gone
US tech stocks sink after FOMC minutes Greetings from day four of managed isolation in New Zealan...
Oil pares gains after EIA, gold rises
Oil Crude prices tentatively pared gains after the EIA crude oil inventory report posted a smal...
Tech slide deepens as yields rise, ADP impresses, bitcoin steadies
Tech stocks remained under pressure after a robust private payrolls report sent Treasury yields high...
Euro recaptures 1.13, German PMI declines
The euro started the New Year with sharp losses, but the currency has rebounded on Wednesday, postin...
Oil running on empty gold eyes FOMC
Oil running on fumes The oil price recovery may be starting to run on fumes after OPEC+ confirmed...
Equities push higher as interest rate concerns resurface
Another positive session in Europe on Wednesday, as investors take the wobble in US tech a day earli...
Pound edges higher on Johnson Covid remarks
The British pound has posted slight gains on Wednesday. GBP/USD rose to 1.3557 on Tuesday, marking a...
A mixed US dollar performance
US dollar gets lift from rising US bond yields The US dollar had a mixed night, rising versus the...