Stay on top of your trading with analyses of the latest market news.
Key points: The dollar index remained steady at 104.58 on Monday, reflecting a 1.56% decline in May but up 3% for the year. Emerging market currencies, particularly the Indian rupee and Mexican peso, showed strength following positive election results in …
Wall Street endured a tough week, marked by significant declines driven by rising Treasury yields and hawkish comments from Federal Reserve officials. The market sentiment was further dampened by higher-than-expected inflation data from Germany and Australia, escalating global inflation concerns. …
Key points: Finance Minister of Japan Shunichi Suzuki emphasizes need for forex stability. Suspected intervention of JPY 9 trillion (approximately USD 57.11 billion) to support the Japanese currency. 10-year Japanese government bond yield reaches 1.1%, highest since 2011. This article …
Key points: Gold is on track for its fourth consecutive monthly gain, showing resilience in the face of fluctuating economic indicators. The market anticipates the April personal consumption expenditures price index, a critical measure for future Federal Reserve policies. Gold …
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