TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
Aussie rebounds after election
The Australian dollar rose alongside other major currencies versus the US dollar, which extended its drop from last week. US stocks bounced off their bear market lows.
24 May 2022
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S&P 500 enters bear market
The 2% drop on Friday means the S&P 500 has fallen over 20% from its record high, taking the US stock index into a bear market. The dollar dropped over the week, helping a big rebound in the British pound and gold.
23 May 2022
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Swiss franc jumps on haven flows
The Swiss franc gained amid flows into haven assets amid a retreat in the US dollar. The weaker dollar prompted a jump in the price of gold.
20 May 2022
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Wall Street rolls over again
Stocks on Wall Street fell on Wednesday after disappointing earning amid inflation worries. GBP was the main FX faller.
19 May 2022
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Oil reaches 7-week high
The price of oil rose to a 7-week high, boosted by improving risk appetite and a weaker dollar, which remained subdued despite stronger than expected US retail sales in April.
18 May 2022
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Gold rebounds after falling under 1800
The price of gold reversed early losses that took the price under $1800 per oz to trade higher on the day amid a drop in the dollar as well as Treasury yields ahead of US retail sales data released Tuesday.
17 May 2022
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