Market News

The euro had a bad run during the session, thanks to comments from ECB officials. Meanwhile, the Aussie and the Kiwi got a lift, likely because of the returning risk-on vibes during the morning London session.

World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

Australia’s December jobs report will be released tomorrow. There’s therefore a very good chance that the AUD may get a volatility boost. And if you need to get up to speed on that event, then you better read up on another edition of my Event Preview.

GOP’s new stopgap bill eased concerns of a government shutdown in the U.S. and boosted the Greenback, while the Aussie was supported by a better-than-expected data release.

Japanese orders for machinery surged to their highest level in a decade in November, in a sign businesses may finally be responding to policymakers’ efforts to get companies to spend their massive cash piles to spur economic growth.

Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

The U.S. Federal Reserve began steadily raising interest rates one year ago, offering a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans.

Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.

Oil prices dropped off three-year highs on Tuesday as traders booked profits but healthy demand underpinned prices near $70 per barrel, a level not seen since the market slump in 2014.

It’s another day in the red for the dollar as the prospect of a government shutdown and weaker equities performance weighed on the U.S. currency. Meanwhile, the Loonie was hit by the crude oil slide and BOC jitters.

The euro held close to a three-year high against the dollar on Tuesday, as the common currency recovered from earlier losses tied to doubts that the European Central Bank would back away from its pledge to keep buying bonds at next week’s meeting.

Is MT4 about to become obsolete? Earlier this month, MetaQuotes announced that they will no longer be selling MetaTrader 4 platform licenses to new customers.

Risk-taking raged during the session but bond yields were down hard, which likely gave the yen enough of a boost to come out on top. Meanwhile, the euro and the pound were in a race to the bottom.

The European Central Bank is unlikely to ditch a pledge to keep buying bonds at next week’s meeting as rate setters need more time to assess the outlook for the economy and the euro, three sources close to the matter said.

Will the Bank of Canada (BOC) start the year with a rate hike? Here’s what you need to know about this week’s decision.

The dollar’s price action was as exciting as watching paint dry, as a lack of catalysts kept traders on the sidelines. Can’t say the same for the yen, however, as it took hits on overall risk appetite.

A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.

Japanese government bond prices were steady to slightly firmer on Tuesday, after an auction of 2.2 trillion yen ($19.8 billion) five-year government bonds attracted strong demand.

Carillion collapsed on Monday when its banks pulled the plug, triggering Britain’s biggest corporate failure in a decade and forcing the government to step in.

European currencies continued to make it rain during the New York session, leaving the dollar unable to climb out of its rut.