Markets
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Iron Ore Extends Fall as Steel Margins Weaken
Iron ore futures fell below CNY 720 per ton, extending losses for a third straight session as weakening steel margins…
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Nickel Falls to 2-Month Low
Nickel traded around $16,550 per tonne, falling to its lowest level since July, as prospects for increased Indonesian supply weighed…
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Japanese Shares Drop on Higher Oil Prices, Bond Yields
The Nikkei 225 Index declined 1.93% to 64,011, while the broader Topix Index slipped 0.65% to 4,028 on Friday, with…
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GBPUSD rises after UK GDP and industrial production data
UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously. On a 3M/3M basis, GDP increased…
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Wall Street tries to recover losses ahead of U.S. CPI. Oracle and Adobe reported earnings — shares react
Ahead of the most important release of the week, namely the U.S. CPI report for August, due at 1:30 PM…
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Silver Price – XAG/USD slips below $63.50 amid rising Fed rate hike odds
Silver declines as markets price in a 72% probability of a 25-basis-point Federal Reserve rate hike next week. August US…
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United States Dollar Index holds onto gains above 99 ahead of US CPI data
The US Dollar trades firmly above 99.00 ahead of the US CPI data for August. The US headline CPI is…
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Gold eyes $4,300 break as USD sticks to gains amid Fed hike bets, ahead of US CPI
Gold is seen consolidating near its lowest level in over a week amid a broadly firmer USD. The US PPI…
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Asian Stocks decline as surging oil prices stoke inflation fears and lift Fed hike bets
Asian stocks track the overnight fall on Wall Street amid concerns about oil-driven inflation. The US PPI lifted September Fed…
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Today Markets – Pick of The Week – USD/JPY
If you want to trade a volatile asset class right now, foreign exchange, specifically yen crosses and USD/JPY, is the…
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