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Cryptocurrency adoption has been steadily growing in various parts of the world, with Africa emerging as one of the regions showing significant potential for its expansion. In recent years, countries across Africa have witnessed a surge in…

GBPThe BoE kept interest rates unchanged as expected at the last meeting.The central bank is leaning towards keeping interest rates “higher for longer”, although it keeps a door open for further tightening if inflationary pressures were to…

Stock market gains today:The S&P 500 is up 1.9%The Nasdaq up 2.3%The Russell 2000 up 3.7%It's a bonanza in markets after US CPI was slightly lower than expected today. The market has priced out any further Fed rate hikes and is cheering…

US November prelim UMich consumer sentiment 60.4 vs 63.7 expectedFed's Daly: Policy is in a very good placeYellen: We have not seen an impact on the Treasury market from the ICBC attackYellen-He meeting readout: US seeks healthy economic…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

Markets:Gold up $7 to $1992US 10-year yields down 9.3 bps to 4.57%WTI crude oil down $1.64 to $80.83S&P 500 up 1.0%NZD leads, USD lagsThis week marked a turn of the calendar and a turn in markets. Treasury yields plunged and the dollar…

Markets:CAD leads, USD lagsS&P 500 up 80 points, or 1.9%, to 4318WTI up $2.05 to $82.49 per barrelUS 10-year yields down 12 bps to 4.67%Gold up $2 to $1984There was no hangover as the post-Fed rip continued on Thursday in a big way. The…

Markets:Gold up $21 to $2006US 10-year yields down 1 bps to 4.83%WTI crude oil up $1.93 to $85.15S&P 500 down 0.5% or 20 points to 4117Nasdaq up 0.4%JPY leads, CHF lagsThe cross-currents were deep and violent on Friday. Let's break them…

China to hold its financial conference focused on economy, debt risksGoldman Sachs says FX outflows from China in September hit US$75 bln, biggest since 2016Australian PM Albanese confirms he will meet with Communist Party Chair Xi in China…