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.
Netflix drops 35% in one day
Netflix stock tanked over 30% in reaction to the first quarterly drop in subscrtibers for years. The weak performance dragged on stocks. The CAD was a top FX performer thanks to high Canada inflation.
21 April 2022
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Oil drops after IMF cuts outlook
The price of oil slid 5% after the IMF followed the World Bank by lowering its global growth forecasts, blaming inflation and the invasion of Ukraine. Stocks rose amid optimism for Q1 earnings.
20 April 2022
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Gold back over $2K
The price of gold rose back over $2000 per oz on Monday as many stock markets reopened after a day off on Friday. The US dollar continued to gain ground, pressing the euro into multi-month lows.
19 April 2022
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USD/JPY hits 20-year high
The dollar rose while stock markets were closed for holidays on Friday. Early Monday saw China Q1 GDP data top expectations.
18 April 2022
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Musk offers to buy out Twitter
Shares of Twitter popped then pulled back after the world’s richest man, Elon Musk offered to buy Twitter and take it private. The ECB announced vague plans to stop its bond buying , helping the euro nudge higher.
15 April 2022
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USD/JPY nears 20-year peak
The dollar rose to its highest versus the yen in nearly 20 years following blowout inflation data and dovish comments from the BOJ’s Kuroda. The Bank of Canada hiked rates by 50 basis points to fight inflation.
14 April 2022
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