LATEST POST

FEATURE

France’s Macron Discussed Twitter Content Rules in Meeting With Musk

Market
125 views 27 secs

Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day after the French president had flagged his concerns on the issue. “Transparent user policies, significant reinforcement of content moderation and protection of freedom of speech: efforts have to be […]

FEATURE

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

Market
131 views 52 secs

U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little changed, S&P 500 Futures eased 0.1% and Nasdaq 100 Futures dipped […]

FEATURE

Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

Asian Stocks
136 views 3 mins

Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate […]

FEATURE

Gold Hits Over 3-Month High As Powell Flags Slower Rate Hikes

Gold
109 views 3 mins

Gold prices raced to a three-month high on Thursday after a forecast of smaller interest rate hikes by Federal Reserve Chair Jerome Powell sparked a rally in metal markets, while easing COVID-19 lockdowns in China saw copper prices surge to a two-week peak. The Fed chair said in an address at Washington that the central […]

FEATURE

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut

OIL
116 views 3 mins

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and […]

FEATURE

jerome Powell to Set Stage For Slowing Fed ate Hikes Amid Hawkish Tone

Economy
108 views 6 mins

Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted by the Brookings Institution in Washington. It will be one of the last from policymakers before the start of a quiet period ahead of their Dec. 13-14 gathering. Chair Jerome Powell is expected to this […]

FEATURE

Asia FX inches Higher Ahead of Powell speech, China optimism Fades

Asian Stocks
125 views 3 mins

Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Jerome Powell, although weak economic data from China and uncertainty over the country’s COVID policy weighed on sentiment. Still, most regional units were set to end November substantially higher on a weaker dollar and expectations […]

FEATURE

Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

OIL
147 views 3 mins

Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start to the week, initially tumbling as much as 3% as Chinese […]