Category: Market Updates

Risk sentiment rises, RBA hikes rates

AUD/USD gained 0.7% in the previous session after the Aussie found support from higher-than-expected job advertisements and the upbeat market mood.

The week starts in a cautious mood, EZ PPI inflation due

The DAX fell -2.3% last week, marking its fifth consecutive weekly decline.

Recession fears dominate ahead of Eurozone inflation

Bitcoin is falling for a sixth straight day. The cryptocurrency trades 11% lower this week and trades 40% lower this quarter in its...

A busy day ahead – MU earnings, OPEC, UK GDP & US inflation

Micron Technologies is due to report Q3 earnings.

Stocks steady after yesterday’s selloff, but recession fears linger

Dow Jones closed 1.5% lower yesterday after weak consumer confidence data-fueled recession worries.

Stocks edge lower as oil rises

Oil prices rose $2 per barrel in the previous session on the prospect of tighter supply, as the G7 pledged to put further...

Stocks rise as the upbeat momentum continues

Nike is due to report Q4 earnings as the share price has dropped 35% since reaching a record high in November last year.

Stocks continue to rise but recession fears could cap the upside

The S&P 500 closed 1% higher yesterday and is set to gain over 3% across the week after three weeks of losses.

Recession fears linger

Oil prices tumbled 3% and are falling a further 2% in early trade on Thursday, trading below $104 per barrel.

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