Market Insights

Oil turns red
Market Insights
Oil turns red
Oil turns red and tumbles below 74.00 as Covid cases in China continue to escalate and protests across the country threaten...
China’s protests pressure the Aussie
Market Insights
China’s protests pressure the Aussie
The Aussie is sliding amid China’s Covid protests. Worse-than-expected Australian retail sales weigh on the commodity currency...
FTSE edges higher on cautiousness
Market Insights
FTSE edges higher on cautiousness
Despite the OECD warning that the UK economy will contract next year, the FTSE edges higher on a cautious mood ahead of FOMC...
USDJPY is rising
Market Insights
USDJPY is rising
USDJPY is rising ahead of the FOMC minutes and US PMI. Any clue for a downshift in the tightening pace or a less hawkish stance...
The DAX hits a low
Market Insights
The DAX hits a low
The DAX edges lower on negative sentiment affected by the slowing growth of the Eurozone, driven by fears of rising Covid cases in China...
Treasury yields lift Gold
Market Insights
Treasury yields lift Gold
The yellow metal gained traction as the dollar lost its momentum capped by a pullback in treasury yields. Eyes are on Fed speakers...
Oil slides on China’s Covid
Market Insights
Oil slides on China’s Covid
Oil is sliding, driven by increased Covid cases in China resulting in economic fears. The largest oil importer is signaling an economic slowdown...
German data pulls EURUSD back
Market Insights
German data pulls EURUSD back
The EURUSD edged lower after the German PPI came worse than expected in October. The Dollar bid capped by risk-off sentiments...
Earnings do their magic again
Market Insights
Earnings do their magic again
The Dow Jones is consolidating upward capped by strong earnings and ambiguous rhetoric of Fed speakers regarding the prospects of hiking interest rates.