This week, we will have two key events coming up. The first is nonfarm payrolls from the US, and the second is RBA’s rate decision in Australia. The US economy is still missing about 4 million jobs to...
USD descended to its one-month low on Thursday, continuing the downward trend after the Fed commented that the job market still needed some time to fully recover. Aside from the decision to wait longe...
After having plunged heavily for two days, Asian shares finally managed to bounce back on Thursday, as the Fed seems to be in no rush to taper the stimulus. Investors are betting that Beijing will not...
Chinese stocks overnight witnessed heavy losses for two days in a row. Today morning APAC stocks were also mostly down, including the stocks in Japan, South Korea, Hong Kong, and Australia. Last Satur...
Bitcoin traded above $40,000 overnight but soon descended to $36,955 on Tuesday morning. Despite the quick decline, it was the first time since June that it breached $40,000. Recent news has disclosed...
Tokyo 2020 Olympics has successfully opened. As we watch the first Olympic Games without crowds, Japan’s economic activity has released some unpromising data. In July, Japan’s factory activity expande...
ECB concluded its meeting yesterday with few surprises. The current dovish monetary policy will be maintained, as widely expected, and the inflation target at 2% remains unchanged. Currently, ECB proj...
On Wednesday, Britain demanded the EU to rewrite the deal over Northern Ireland, but the proposal has quickly been rejected by the EU. The original Northern Ireland protocol was agreed to ensure the p...
EURUSD touched a fresh three-month trough at $1.1755 before it slightly rebounded to $1.1780 during earlier sessions. Tomorrow we will have ECB’s meeting, and a dovish tone is expected based on previo...
Safe-harbor currencies have witnessed series of increases, with both JPY and USD holding near their multi-month highs against riskier currencies such as AUD and GBP. Pairs such as JPYAUD and JPYGBP ha...