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Please note that due to the upcoming public holidays in the USA, there will be a change in the availability of certain instruments on July 4.
2022-06-30
With the major central bankers showing readiness to bear responsibilities for the short-term economic slowdown to tame inflation, the market sentiment turns sour in early Thursday.
Fears of economic slowdown weigh on the risk appetite as traders await Fed, BOE and ECB policymakers’ trifecta attack on market moves during early Wednesday.
2022-06-29
Market sentiment improved on Tuesday as China eases quarantine limits for international travelers, as well as announced readiness to battle the economic challenges arising from the coronavirus and the Russia-Ukraine crisis.
2022-06-28
Global markets remain jittery, despite Friday’s cautious optimism, as Russian default joins the chatters surrounding the ban on gold imports from Moscow.
2022-06-27
Global trades struggle for clear directions by the end of a two-week-old risk aversion. The sluggish markets drowned the US dollar on Friday, which in turn allowed gold bears to take a breather.
2022-06-24
Ever since Fed Chair Powell uttered the recession word, traders became anxious about today’s PMIs. The cautious mood joins a lack of major data/events ahead of the key activity numbers to portray the market’s inaction.
2022-06-23
Risk flows deteriorate as market players await Fed Chair Jerome Powell’s testimony. Adding to the sour sentiment were fears concerning recession as central bankers keep pushing for higher rates.
2022-06-22
Market sentiment remains sluggish but there is no respite for the US dollar as traders brace for Fed Chair Powell’s testimony.
2022-06-21
Global markets appear mostly calm on Monday, as well as mildly positive, after the heavily volatile week.
2022-06-20
Treasury bond yields remain pressured in the US despite the recently downbeat data as traders struggle to digest the heavy dose of rate hikes given during the week.
2022-06-17
Please note that due to the upcoming public holidays in the USA, there will be a change in the availability of certain instruments on June 20.
Having witnessed a surprise reaction to the US Federal Reserve’s (Fed) 0.75% rate increase, traders consolidate moves in favor of the US dollar during early Thursday.
2022-06-16
Cautious optimism prevails in the market ahead of the key central bank meetings. The bulls, however, remain cautious as hawkish bets are on the rise.
2022-06-15
Global traders brace for Fed’s aggressive rate hikes while paring the latest losses during early Tuesday, following a few days of pessimism surrounding inflation and growth fears.
2022-06-14
Risk aversion intensifies during early Monday as Friday’s US inflation data bolstered hawkish Fed bets. Adding to the sour sentiment were headlines from China, mainly relating to covid and Taiwan.
2022-06-13
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