World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Google and as a rise in U.S. bond yields towards the key 3 percent level stalled, while oil prices stretched to fresh highs above $75 a...
Wall Street ended mixed on Monday as tech stocks continued to lead the major indices. The S&P 500 finished flat at 2,670, with the 1.07% gain in materials offset by the 0.43% decline in the tech sector. The Dow Jones Industrial Average fell for...
The USD has put on a compelling show overnight as the stars align on the back of higher US Yields and a considerable reduction in the US dollars geopolitical risk premium as an outwardly calmer mood surrounding trade and geopolitical risk takes hold.While its...
European markets have had a fairly decent start this week, helped by an easing of trade tensions as well as a weaker pound, which helped propel the FTSE 100 to a two-month high, and above its 200-day MA, while the DAX is rubbing up against similar...
Here are the latest developments in global markets:FOREX: The US dollar traded 0.1% lower against a basket of six major currencies on Tuesday, giving back some of the notable gains it posted yesterday on the back of surging US bond yields. Despite today’s pullback, the dollar...
Cryptocurrencies continued to rally on Monday as Bitcoin Cash soared over 140% since April 6, when it traded for $600, to reach a two-month high of $1,458.The latest surge was fueled by the Bitcoin spin-off currency's scheduled hard fork. Bitcoin Cash is set to split on...
USD/JPY has posted strong gains in the Monday session. In North American trade, USD/JPY is trading at 108.57, up 0.86% on the day. On the release front, Japanese Flash Manufacturing PMI inched up to 53.3, just shy of the estimate of 53.4 points. Later...
Europe:It’s been a fairly lacklustre start to the week for markets in Europe today, though the weak pound has helped the FTSE100 and FTSE250 push up to their highest levels since early February. An easing of geopolitical tension has also helped on the margins,...
Welcome back to our top 5 at 5 cryptocurrency price update.It has been a mixed day for the cryptocurrency market. Bitcoin has fallen after briefly touching the $9k mark last night. Bitcoin Cash continues marching on while Ripple has also had a dip after reaching...
Talking Points:The US Dollar has traded up to fresh seven-week highs this morning, extending gains that started to show last week. As we move into a week that brings rate decisions out of both the European Central Bank and the Bank of Japan, the...