market-news

US durable goods surge dollar resilience
Market News

US Durable Goods Orders Surge, Dollar Resilience Tested: Asia Session Insights

US durable goods orders surged in March, signaling economic strength, but the dollar showed a muted response, reflecting cautious investor sentiment.

Asian Stock Markets Performance: 10th May 2024: What's New?
Market News

Asian Markets Surge, Nikkei 225 Leads the Way

Asian markets surged, led by Nikkei 225; Australian inflation rose slightly, while U.S. stocks climbed on robust corporate earnings.

Dollar Index Gold Australian Dollar
Market News

Market Outlook: Dollar Index, Gold, Australian Dollar, and More

Australia's CPI rose to 3.5% YoY in March, boosting the Aussie dollar, while German business sentiment improved, favoring the Euro.

Flash US PMI data growth slowdown
Market News

Flash US PMI Data Shows Growth Slowdown in April

The US Composite PMI for April showed slowing growth, while Australian CPI data propelled the Aussie dollar higher.

Japanese Yen
Market News

Japanese Yen in the Spotlight: Parliament Addresses Currency’s Fate

Japanese officials emphasize potential rate hikes and trilateral support amidst USD/JPY resistance at 155.00, heightened by short yen positions.

Asian markets tech rebound
Market News

Market Focus: Asian Markets Surge as Tech Rebound

Asian markets surged on Tuesday, propelled by a tech stock rebound following Wall Street's positive momentum and upbeat economic indicators.

Canadian manufacturing inflation Loonie surge
Market News

Market Watch: Canadian Manufacturing Inflation Spurs Loonie Surge

Persistent inflationary pressures in Canada's manufacturing sector drive the Loonie's strength, with the USD/CAD pair trading below 1.3700.

European market dollar gold
Market News

Market Focus: European Outlook on Dollar Index and Gold Prices

The Dollar Index (DXY) dipped below 106 in Europe, while gold stabilized around $2,370/oz, maintaining an unusual positive correlation.

Asian Markets Positive Data
Market News

From Turmoil to Triumph: Asian Markets Soar on Positive Data

Asian markets rebounded strongly on positive economic indicators from China, Japan, and South Korea despite recent geopolitical tensions.

Dollar momentum gold prices
Market News

Market Watch: Dollar Gains Momentum, Gold Prices Dip

UK retail sales were flat in March, and the disappointing Pound strengthened. The Dollar Index rose, and gold dipped. In the Asia session,...

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