Analytics and Economic News
Economic News
Market Overview July 24
In Wednesday's Asian trading, the New Zealand dollar declined vs a group of significant competitors, continuing its decline against the US dollar and emerging as the worst-performing global currency.
Economic News
Market Overview July 17
Tuesday's global oil prices plunged to one-week lows in American trade, continuing their losses for the third straight day as worries about Beryl Hurricane-related damage to the oil infrastructure waned.
Economic News
Market Overview July 10
Due to strong short-covering, Bitcoin increased 2.5% on Tuesday, moving away from its five-month lows for the second session.
Economic News
Market Overview June 26
The Japanese yen (JPY) fell 0.56% on Friday, while the US Dollar Index (DXY) climbed after Purchasing Managers' Index (PMI) data came in higher than predicted.
Economic News
Market Overview June 19
Following the release of official data showing US consumer prices rose 3.3% y/y in May, down from 3.4% in April, and core inflation rose 3.4%, slowing down from 3.6%, US stock indices rose on Wednesday.
Economic News
Market Overview June 12
US stock indexes dropped on Tuesday as investors awaited crucial data and the Federal Reserve's policy meeting.
Economic News
Market Overview June 5
As the European Central Bank (ECB) started its policy meeting on Wednesday, the euro strengthened versus a basket of major currencies, continuing its upward trend against the dollar and getting close to three-month highs.
Economic News
Market Overview May 29
The dollar dropped versus a group of significant competitors in European trade on Thursday, continuing its decline and plunging to two-week lows as risk appetite increased and demand decreased.
Economic News
Market Overview May 22
Ahead of crucial European inflation data this week, the euro strengthened in European trade on Monday against a basket of key competitors, resuming advances against the dollar and nearly reaching two-week highs.