Market News

Crude Oil Boosted by OPEC & U.S. Stockpiles; German Stocks Hit All-Time High; Quiet Forex Market.

The US Dollar was under pressure ahead of the release of key labor data. On Thursday, the greenback had hit a 3-week peak

Commodity Price Surge: Biden Policy and Trading Perspective

According to data released by the Australian Bureau of Statistics, retail sales went up by 1.1% in April (month-on-month) in line with expectations and unchanged from the previous month's report.

Crude Oil Boosted by OPEC & U.S. Stockpiles; Stock Markets Mostly Bullish; U.S. Dollar Rising Gently.

There are concerns that Bitcoin could be displaced by stablecoins which, given the fact that their value is linked to traditional currency fluctuations, seem to be better as a store of value.

Crude Oil Boosted by OPEC; British Pound and Gold Retreat from Highs; Stocks Mixed.

Aussie spot trading up 0.20% higher following RBA rate decision.

Gold Breaks Above $1900; GBP/USD Challenging 1.4250; Stocks Mixed; Greenback Weaker.

Demand for manufactured products is still insufficient, despite consumer spending having already returned to pre-pandemic levels.

Gold Breaks Above $1900; Stocks Mostly Weaker; Quiet Day Expected.

Sterling investors largely took in stride the recent comments from the Chief Economist of the Bank of England.

Bitcoin advanced by 2.45% against the US dollar yesterday, recovering from the previous session's losses and closing at the 39,301.0 level.

Gold Breaks Above $1900; Stocks Mixed; RBNZ Takes Hawkish Bias.

The bank announced that it would continue with its loose monetary policy stance until it reaches its unemployment and inflation targets.