Another mixed day for Asian equities
[ad_1] China markets fall The soft US GDP data saw Wall Street pricing in a more dovish future Fed, lifting Wall Street higher overnight. The S&P 500 rose by 1.21%,…
US dollar retreat continues – MarketPulseMarketPulse
[ad_1] USD/JPY slump dominates Asian trade The US dollar selloff continued overnight after weak US GDP data saw it enter a technical recession. However, the US dollar’s losses were unevenly…
Oil prices steady, gold rises as dollar dips
[ad_1] Oil is surprisingly steady Oil prices edged higher overnight as the volatility in currency, bond and equity markets passed it by; most of the oil-related data had already been…
US dollar eyes FOMC decision
[ad_1] Currency markets range-trade overnight It was another night of range trading for currency markets overnight, which seem reluctant to aggressively position until the FOMC is out of the way.…
Oil in choppy waters, gold directionless
[ad_1] Russia trades in a choppy range Oil prices finished almost unchanged overnight, but that belied another large range intraday, with both contracts moving sharply higher before reversing. Russia’s moves…