Trending News

The prior resilience of the FTSE 100 index appears at risk as the very exposure to financials and energy that held it in good stead adds to its new-found fragility

Oil prices continued their decline in the European session before bouncing ahead of the US open. Given the recessionary fears engulfing markets will we see a sustainable upside push for Oil prices?

USD/JPY has continued to decline as mounting fears of further contagion throughout the banking sector weigh on the Dollar, boosting the safe-haven appeal of the Yen.

EUR/USD didn’t enjoy much of a lasting boost from last week’s interest rate rise as the financial sector’s worries take center stage again

In a deal brokered by the Swiss Government, UBS has bought troubled rival Credit Suisse in a deal worth just over three billion US dollars.

The Dow Jones greatly underperformed the Nasdaq as traders flocked to tech stocks in anticipation of aggressive rate cuts from the Federal Reserve later this year after SVB’s collapse. All eyes turn to the central bank and Jerome Powell’s press conference on Wednesday.

The US dollar’s trading bias will be defined by the Fed’s policy outlook next week. Traders should prepare for the possibility of a dovish guidance due to rising financial instability risks.

Gold prices soar, rising to the highest level since early February, boosted by falling bond yields and risk-off mood as the U.S. banking sector woes fail to dissipate.

The South African Rand has surrendered weekly gains after fears over the US banking system ease, supporting a resilient Dollar. USD/ZAR remains uncertain ahead of FOMC.

US stocks responded favorably after assurances in the banking sector were put forward by the Federal Reserve, along with a show of confidence by large US banks

The Euro is pushing higher against a range of currencies as a group of ECB policy makers observe that inflation remains too high and that the central bank will have to hike interest rates further.

Cable enjoyed a strong bounce yesterday helped by improving sentiment and a weaker US Dollar. Weekly high around 1.2200 may cap gains ahead of a next week's key data releases.

The gold price remains elevated today as the markets assess the implications of the latest rescue package for another bank in crisis mode. If the US Dollar recovers, will XAU/USD go lower?

Crude oil prices traded flat on Thursday amid competing fundamental headlines. While financial sector volatility cooled, markets also priced out some Fed rate cut bets.

The US Dollar climbed as First Republic Bank was poised to receive aid and market volatility cooled. Meanwhile, the Fed’s balance sheet ballooned, but not because of quantitative easing.

The Nasdaq 100 soars as market sentiment improves on news that big US banks have teamed up to rescue First Republic, a move that will reduce financial instability risks in the wake of recent events.

The cryptocurrency market has seemingly shrugged off the ongoing bout of risk aversion and Bitcoin is once again attempting to break an area of noted resistance.

Gold prices are trading lower on Thursday, but the precious metal maintains a bullish profile as financial market risks linked to banking sector problems have not entirely disappeared.

ECB hikes rates by 50bps in a sign that price stability trumps financial stability concerns. Borrowing costs are now at the highest level since late 2008.

USD/JPY is currently testing a key level of technical support, formed by the 50-day MA. As the safe-haven Yen rises, falling US yields have weighed on the Dollar.