Here are the top five things you need to know in financial markets on Friday, October 6:
1. Nonfarm Payrolls Report on Tap
The U.S. Labor Department was set to release its September nonfarm payrolls report at 8:30AM ET (1230GMT) on Friday.
The consensus forecast is that the data will show jobs growth of just 90,000 this month,...
Here are the top five things you need to know in financial markets on Thursday, October 5:
1. U.S. Data, Fed officials in focus
Market participants were looking ahead to the latest reports on U.S. initial jobless claims and trade balance, which were scheduled to be released at 8:30 a.m. ET (12:30 GMT), while the latest U.S....
Here are the top five things you need to know in financial markets on Wednesday, October 4:
1. Yellen, U.S. Data in the Spotlight
Fresh comments from Federal Reserve Chair Janet Yellen will top the agenda for global financial markets today, as they look for further hints on the timing of the next rate hike.
Yellen is due to...
Bitcoin steadied as Draghi downplayed ECB’s ability to regulate cryptocurrencies
A few weeks after Bitcoin suffered one its worst crashes in its nine-year history as China stepped up efforts to curb bitcoin trading activity, forcing local cryptocurrency exchanges to cease trading, the popular cryptocurrency has pared most of its...
Here are the top five things you need to know in financial markets on Friday, September 29:
1. Dollar on track for best weekly gain in 2017
The dollar was on track Friday to log its best weekly rise against major currencies this year, while also finishing off its first month of gains since February.
Despite some skepticism...
Here are the top five things you need to know in financial markets on Wednesday, September 27:
1. U.S. bond yields, dollar supported as markets digest Yellen
U.S. bond yields and the dollar moved higher on Wednesday as markets continued to digest remarks a day earlier from Federal Reserve chair Janet Yellen.
Yellen backed the...
Here are the top five things you need to know in financial markets on Tuesday, September 26:
1. Yellen leads busy day of Fed speakers
Investors looked ahead to fresh comments from Federal Reserve Chair Janet Yellen for greater signs on the timing of the next rate hike.
The Fed chair is due to deliver a speech titled...
Gold prices pushed higher on Friday, pulling away from the previous session’s four-week low as risk aversion escalated and the U.S. dollar fell amid heightened tensions on the Korean peninsula.
Gold futures for December delivery settled up 0.51% at $1,301.45 on the Comex division of the New York Mercantile Exchange.
Oil prices settled a bit higher on Friday, hovering close to their best levels in months amid optimism that the crude market was starting to rebalance.
U.S. West Texas Intermediate (WTI) crude futures tacked on 11 cents, or around 0.2%, to end at $50.66 a barrel by close of trade, not far from its highest level since May 25 at...