Oil depends on risk trends
The downbeat statement from the Federal Reserve on the outlook for economic recovery was behind the sell-off across the global markets
Oil prices dipped on Wednesday despite the EIA...
Bitcoin extends bearish correction, threatens $30,000
It looks like bitcoin will stay under the bearish pressure in the short term and could see steeper losses before catching a bid again
Bitcoin price extends its pullback...
Gold prices struggle for direction in a familiar range
The US stock index futures have settled in the green along with major European indexes
Gold prices retain a bearish bias on Tuesday, with the bullion staying within a...
Risk-on tone fading ahead of the opening bell on Wall Street
Biden is set to announce a ban on entry from European Union countries
Risk tone remains unstable in the global markets. US stock markets finished mostly lower last Friday despite...
Biden’s stimulus plan will push dollar lower
The greenback could stay within the current bearish trend in the longer run
The dollar index struggles for direction around the 90.00 support despite risk aversion dominates global financial...
Euro struggles ahead of ECB meeting
Lagarde could hint at additional supportive measures during the upcoming press-conference
The euro failed to capitalize on dollar weakness on Wednesday. Risk sentiment remains buoyed today, with global stocks...
China proposes tougher anti-trust rules for non-bank payment industry
China’s central bank proposed stepping up anti-trust measures to rein in payment firms such as Ant Group’s Alipay and Tencent’s WeChat Pay, which dominate the non-bank payment industry.
Under...
Oil gains on expectations of higher stimulus in the US
Yellen’s tone helped the market to shrug off the latest monthly report from the IEA
Oil prices regained upside impetus on Tuesday, staying positive today. Brent crude reclaimed the...
Dollar weakens ahead of Yellen testimony
The USD index slipped from one-month highs while retaining a bearish bias during the European hours
Following the recent recovery, the dollar started to ease as traders shifted to...
Strong dollar sent gold to early-December lows
The metal could see deeper losses if the greenback continues to attract safe-haven demand in the coming days
As dollar demand continued to pick up, gold prices retreated to...
