Oil slides on Covid, gold edges up
Oil in full retreat in Asia Oil prices have gapped lower in Asia as the South African variant spa...
Haven currencies boosted by virus fears
Covid fears boost safe-haven currencies With Covid-19 variant fears washing across financial mark...
Asia equity markets suffer virus backlash
Asian markets slide on Covid variant jitters The emergence of a heavily mutated new strain of Cov...
B.1.1.529 infects Asian markets
Covid variant has markets seeing red Asian stock markets are under heavy selling pressure this mo...
A muted bank holiday session
It's been an unsurprisingly muted day in the markets as the US celebrates Thanksgiving and the rest ...
Australian dollar dips on soft Capex
The Australian dollar has edged lower on Thursday, as AUD/USD trades just under the 0.7200 level. ...
Euro punches above 1.12
The euro has reversed directions and is back above the 1.1200 level. EUR/USD is trading at 1.1222, u...
US dollar rallies once again
FOMC minutes, PCE boost dollar The US dollar rallied once again overnight after a more hawkish to...
The silence of the turkeys
Even Hannibal Lecter would be “cutting back” at Thanksgiving this year, with the American Farm B...
Crude rallies, gold stumbles
Oil prices climb Crude prices continue to rise and pleas to OPEC to increase production continue ...
Euro slips to 5-month low
The euro remains under pressure, and EUR/USD has fallen below the 1.1200 level for the first time si...
Oil gives Biden a bashing
SPR release triggers gains for oil Oil delivered a resounding slap to the face of President Biden...
US dollar consolidates
US dollar takes a pause The US dollar paused for breath overnight, despite more gains by long-dat...
Asia equity markets are drifting today
Asia follows a subdued Wall Street Asian equity markets are drifting today in sympathy with the p...
The market is a harsh mistress
Financial markets have been dishing up some harsh lessons to the accepted narrative this week. Havin...
Tech stocks get punished, US Data, Lira in freefall, Bitcoin forms a base
US stocks are getting chopped down after both earnings show margin worries are growing and as Treasu...
Pound steady as PMIs perform well
The British pound has stabilized on Tuesday, after sustaining losses over the past two days. GBP/USD...
A volatile day in the markets
It's been a volatile couple of days for the markets, with Powell's renomination sending shockwaves a...
New Zealand dollar slides to 5-week low
The New Zealand dollar is in negative territory on Tuesday and has posted two straight losing sessio...
Steepening yield curve lifts US dollar
US dollar rises as Powell to remain Fed Chair The Powell renomination put the Fed taper trade fro...