market

It's a buy-everything market today, with one big exception.Oil fell sharply today in the past two hours. The catalyst: US oil drilling rigs rose by 5 in the latest Baker Hughes weekly count. OPEC+ now has around 5 million barrels per day of…

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,…

US DOLLAR OUTLOOK – EUR/USD & USD/JPYThe broader U.S. dollar was flat on Monday, but volatility could pick up in the coming trading sessions, with several high-impact events on the calendarThe focus will be on U.S. PCE data, ISM…

© Reuters Entain downgraded to sell at Goldman Sachs due to disappointing online growth, BetMGM JV losing US market share London-listed sports betting, gaming and interactive entertainment company Entain (LN) (GMVHF) was double…

UPCOMING EVENTS: Tuesday: Australian Retail Sales, US Consumer Confidence.Wednesday: Australian Monthly CPI, RBNZ Policy Decision, US GPD Q3 2nd Estimate.Thursday: Japan Industrial Production and Retail Sales,…

The PBoC left its LPR rates unchanged as expected:LPR 1-year 3.45%.LPR 5-year 4.20%.PBoCECB’s Wunsch (hawk – voter) gave a clear signal that the ECB is going to hold rates steady in the next two months, but warned that an easing in…

© Reuters. The New Zealand dollar (NZD) saw an uptick today, approaching a key resistance level as global markets reacted to a mix of economic signals and political changes. The currency edged closer to the 200-day Simple Moving…

© Reuters. Optimism has surged in the UK financial markets, leading the exchange rate to reach a twelve-week peak, buoyed by improved consumer confidence and a promising business outlook despite persistent recessionary pressures.…

The utility token of the defunct crypto exchange FTX, FTT is one of the top gainers in the last few days, rising 55% in just 48 hours alone. This has led to speculations as to what may be driving the token’s…