Category: Trading

Marvell Technology, Flex to join S&P 500 later this mon...

The semiconductor company and the electronics manufacturing firm, respectively, will replace Pool Corp. and The Campbell’s Company...

SpaceX needs to grow 600x in a decade to justify a $1.7...

SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.

Pound Sterling Price News and Forecast: Breaks below 1....

The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after th...

Canadian Dollar falls despite solid jobs data as US NFP...

The USD/CAD pair rises and trades near the 1.3930 region on Friday as the US Dollar (USD) gains ground following a stronger-than-e...

The Dow Jones Industrial Average relearns that good new...

There is an old reflex in equity markets that never quite dies: when the economy looks too strong, stocks get nervous. Friday brou...

Thailand: Cost-push pressures but no overheating – UOB

UOB economists say Thailand’s May Consumer Price Index (CPI) eased slightly but stayed near the top of the Bank of Thailand's (BoT...

NFP steamrolls US Dollar bears, now the rally has to st...

The market walked into Friday's payrolls report braced for weakness, and the US Dollar Index (DXY) made it pay. Consensus looked f...

Asia FX: KRW and IDR face technical strain – OCBC

OCBC’s FX Strategist Sim Moh Siong says softer Oil prices offer only limited relief to Asia FX, with the Korean Won and Indonesian...

United States Baker Hughes US Oil Rig Count up to 431 f...

United States Baker Hughes US Oil Rig Count up to 431 from previous 429

Chinese Yuan: Gradual appreciation expected versus Doll...

Nordea’s Kristian Nummelin highlights that the Chinese yuan has been the best-performing Asian currency this year, appreciating ag...

Gold melts down as blowout NFP sends DXY above 100

Gold (XAU/USD) price collapses during the North American session on Friday as the latest Nonfarm Payrolls report in the US smashed...

Singapore Dollar: Firm NEER with mild upside against US...

OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above...