26.09.2022
Chicago 12, Melborne City, USA
Forex guide

Oil Futures Settle Lower On Demand Worries

Crude oil futures settled lower on Tuesday amid concerns about outlook for energy demand due to the impact of China’s Covid-19 curbs. Beijing stepped up quarantine efforts to curb the spread of the coronavirus outbreak amid fresh signs of frustration in Shanghai. Meanwhile, markets are worried that aggressive monetary policy tightening by central banks to […]

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* South Korea Business Confidence Index 86.0 I …

South Korea Business Confidence Index 86.0 In May Vs. 87.0 In April- BoK

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Forex guide

South Korea Business Confidence Index Slips I …

Business conditions in South Korea deteriorated slightly in May, the Bank of Korea said on Wednesday with a Business Survey Index score of 86 – down from 87 in April. The outlook also fell one point, from 88 to 87. In the non-manufacturing sector, the BSI on business conditions for May was 86, up one […]

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New Zealand Rate Decision On Tap For Wednesdays …

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The RBNZ is widely expected to boost its Official Cash Rate by 50 basis points, from 1.50 percent to 2.00 percent. Singapore will release […]

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US Dollar Drops To Lowest Levels In A Month …

The value of the US dollar has moved to the downside over the course of trading on Tuesday, extending a recent downward trend. Currently, the US dollar index is down 0.31 points or 0.3 percent at 101.77 after hitting its lowest level in almost a month. The greenback is trading at 126.88 yen compared to […]

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Treasuries Show Significant Move Back To The …

Treasuries showed a significant move to the upside during trading on Tuesday, more than offsetting the pullback seen in the previous session. Bond prices gave back some ground after an early rally but remained firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slumped 9.9 basis points to […]

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Gold Settles Higher For 4th Straight Session …

Gold prices climbed higher on Tuesday, extending gains to a fourth straight session, as the dollar continued to slide, and weak data raised concerns about growth. A drop in US long-term Treasury yields contributed as well to the yellow metal’s uptick. The dollar slid after European Central Bank President Christine Lagarde said eurozone interest rates […]

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Two-Year Note Auction Attracts Modestly Above …

Kicking off this week’s series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month’s auction of $ 47 billion worth of two-year notes attracted modestly above average demand. The two-year note auction drew a high yield of 2,519 percent and a bid-to-cover ratio of 2.61. The […]

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US New Home Sales Plunge To Two-Year Low In …

Extending the sharp pullback seen over the past several months, new home sales in the US saw a substantial decline in the month of April, the Commerce Department revealed in a report on Tuesday. The report showed new home sales plunged by 16.6 percent to an annual rate of 591,000 in April after tumbling by […]

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Norway Consumer Confidence Weakest Since 1998 …

Confidence among Norwegian consumers weakened in the second quarter to reach its lowest level in more than two decades, the results of a survey by Finance Norway showed on Tuesday. The seasonally adjusted consumer confidence dropped markedly to -11.7 in the second quarter from 0.7 in the preceding quarter. This was the largest quarterly decline […]

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