XAU-USD jumped more than 1.5% on Friday in response to the actual Non-Farm Payrolls data missing expectations in the US. The yellow metal closed last week at $1173.06. The reading ...
After Friday’s labor report from the US, the greenback today is once again under some pressure. While new private sector jobs growth fell in January, missing analysts’ expectat...
Credit Suisse analyst Dan Galves sees macro worries, negative sentiment on auto stocks, and declining oil prices as understandable reasons why Tesla shares have sold off recently. ...
OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH16 -1.31%) are down -1.12% at a 2-week low and European stocks are down -2.11% at a 15-1/2 month low on global economic co...
(from my colleague Dr. Win Thin) EM assets for the most part fared well last week, and positive sentiment should carry over into this week. China reported January foreign reserv...
The Bank of Japan’s introduction of negative interest rates is one of the most significant events to hit the FX market recently. By taking this action, the BoJ has basically said...
GBPUSD: Having declined on further weakness during Monday trading session, GBPUSD looks to weaken more on bearishness. On the downside, support lies at the 1.4350 level where a bre...
The biggest event of the weekend, if not the month, was China’s FX reserve outflow update, which at $100BN was slightly better than the $120BN expected (it pushed ChinaR...
When I entered the fixed income business 26 years ago next month (and when I took over a fixed income trading book two years later), the fixed income business was a simple place. ...