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.
Tech stocks bounce back from rout
Stocks on Wall Street went on a wild ride led by tech stocks, which initially sold off but rallied off the lows. The US dollar struck 10-week lows while the Aussie steadied ahead of US inflation data today.
12 May 2021
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Ethereum smashes through $4000
Ethereum token Ether breached $4000 for the first time. The British pound broke above 1.41 and gold added to gains as the dollar hit a 2 ½ month low. The Dow snapped a 5-day win streak.
11 May 2021
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EUR/USD breakout after NFP miss
The US dollar tumbled in the wake of a shocking miss in the April US jobs report, sending EUR/USD to a 2-month high. Stocks hit record highs alongside Ethereum, while Dogecoin tanked after Elon Musk hosted SNL.
09 May 2021
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Gold breaks $1800, BOE tapers
The FTSE 100 struck a 14-month high after the Bank of England predicted the highest UK growth since WWII and announced it would taper its QE program. The gold price broke above $1800 per oz ahead of today’s non-farm payrolls report.
07 May 2021
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GBP/USD: Bank of England
The dollar retraced some of Tuesday’s gains on Wednesday after Treasury Secretary Yellen back-peddled on her talk of a rate hike. European stocks saw big gains. Today is ‘Super Thursday’ from the Bank of England.
06 May 2021
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Janet Yellen sends USD flying
A shock comment from US Treasury Secretary and former Fed Chair Janet Yellen that interest rates might need saw the USD gain, while silver dropped. Ethereum reached $3500 and Dogecoin rose 30% to hit $0.50.
05 May 2021
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