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.
USD gains after Fed minutes
The dollar gained further ground on Wednesday after Fed minutes confirmed the Fed’s thinking towards tapering, though the timing of any rate hike is still uncertain. The S&P 500 hit a new record but oil prices slipped amid OPEC+ policy disagreement.
08 July 2021
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US Services PMI Stokes Sell-Off
The dollar rallied as a haven, almost entirely reversing the weakness from Friday after US service sector data came in weaker than expected. Gold also tanked alongside stocks, though Wall Street ended off its lows.
07 July 2021
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Bitcoin pops after drop under $30k
Numerous Fed speakers, including Fed Chair Powell walked back some of the hawkishness of last week’s FOMC meeting and pushed the US dollar lower. Brent crude oil hit $75 for the first time in 2 years.
23 June 2021
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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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