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.
Chinese stocks have best day of 2021
The dollar pulled back again on Tuesday. The price of oil gained as China reported no new covid cases. Stocks hit a record high as investors react to the FDA Covid vaccine authorisation and talk of the Democrats $3.5 trillion budget.
25 August 2021
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Gold leaps back over $1800
Commodities rallied on Monday with oil gaining 5% and gold breaking back over $1800 per oz. The US dollar dipped after rallying last week, while Bitcoin topped $50,000 for a 3-month high.
24 August 2021
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USD gains in lead up to Jackson Hole
The US dollar gained across the week as traders prepared for the Jackson Hole Symposium, where Jerome Powell is likely to signal timing about tapering QE.
23 August 2021
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Dollar hits 9-month high
The US dollar index hit a 9-month peak with USD/CAD breaking higher in the wake of Wednesday’s Fed minutes. EUR/JPY dropped to a 6-month low. China stocks remain under pressure.
20 August 2021
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Fed minutes show no consensus on taper timing
The dollar slipped back from 4 ½ month highs, while Wall also fell amid uncertainty after Fed minutes were released showing disagreement over tapering asset purchases. The price oil dropped to its lowest since May.
19 August 2021
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NZD/USD sinks after New Zealand lockdown for 1 covid case
The Kiwi dollar dropped after New Zealand announced a national lockdown after finding one Covid case. The US dollar gained after weak economic data and uncertainty in Afghanistan sparked a risk off mood in markets.
18 August 2021
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