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.
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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Bitcoin’s 2nd biggest monthly ever!
It was a quiet day in FX and stock markets with the US and UK away on holidays. Bitcoin had its second biggest monthly loss on record, while gold had its best month in 10.
01 June 2021
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US Inflation Highest Since 1992!
The dollar bounced before later giving up some gains after a blowout PCE inflation report. European stocks hit a record high while the S&P 500 closed May in positive territory before the Memorial Day holiday weekend.
31 May 2021
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Meme stock AMC hits 4-year high!
Shares of Reddit’s second favourite meme stock AMC jumped to a 4-year high, while the Euro STOXX 600 index hit a record high. Gold, forex and crypto markets were little changed as traders watched the reverse repo market for clues.
28 May 2021
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EM Currencies Hit Record Highs
The dollar popped late on Wednesday but that didn’t stop an index of emerging market EM currencies hit a record high. Meme stocks jumped, the price of gold slipped and a hawkish RBNZ pushed up the kiwi dollar.
27 May 2021
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Gold back up to $1900
Gold struck $1900 per oz for the first time in 20 weeks while EUR/USD hit its highest since January as the dollar declined. The Swiss Market Index (SMI) hit a fresh record high. Today the RBNZ sets interest rates.
26 May 2021
Read MoreLATEST WEEK AHEAD VIDEOS
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WEEKLY WEBINAR: JULY 27
Get your forex trading strategy right this week with our weekly webinar. Get expert technical analysis of the major #forex #cryptocurrencies #indices #commodities #stocks & #shares markets.
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WEEK AHEAD: JULY 26
The last meeting of the US Federal Reserve until after the summer should be a big driving force for forex markets. Also, the big tech companies report second-quarter earnings, which has implications for tech stocks as well as the Nasdaq index. Lots to discuss. Thanks! Rich
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WEEK AHEAD: JULY 19
The European Central Bank and People’s Bank of China both set monetary policy while US earnings season has started. I will take a look at the Euro-dollar and dollar-Chinese yuan currency pairs for how they setup before the action this week. Thanks! Rich