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.
Federal Reserve Aftershock
Stocks in Asia fell on Monday in a catch-down move from big declines on Wall Street last week. The US dollar continues to hold firm after last week’s Fed meeting before testimony from Fed Chair Jerome Powell.
21 June 2021
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Gold jumps with US inflation highest since 2008
There was a sense of relief after US inflation data was release showing the highest price increases since 2008. The dollar slid and Wall Street hit a fresh record high on expectations a dovish Fed will downplay the report in its meeting next week.
11 June 2021
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Meme Stock Frenzy & ECB Preview
All eyes are on the ECB Meeting and US inflation data on Thursday, where both events could steer interest rate expectations for the US and Europe. Traders on Reddit continue to push new meme stocks higher as old favourites drop back.
10 June 2021
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Bitcoin slides after Feds seize Colonial ransom
Cryptocurrencies including Bitcoin and Ethereum dropped again after Federal investigators managed to recover the supposedly encrypted random taken from the Colonial pipeline. FX markets have been calm before inflation data.
09 June 2021
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Dollar dumps after NFP miss
The US dollar dropped sharply after non-farm payroll missed expectations for a second month, while gold jumped. Canada’s TSX index rose above 20,000 for the first time. El Salvador might adopt Bitcoin as legal tender.
07 June 2021
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Oil price hits 2-year high after OPEC
OPEC’s decision to gradually increase production through July spurred a jump in the price of oil to a two-year high. The dollar firmed after US manufacturing PMI data. Wall Street had a flat return from Memorial Day.
02 June 2021
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