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GIC provides the latest news about forex and commodities which influence market movements.

Bursa Saham Eropa Melonjak, Data Inflasi Jerman Menjadi Fokus Uta...

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Witriyani Thu, 30 Mar 2023

European stocks are expected to open slightly higher on Thursday as investors focus on the region's banking sector and the latest inflation data due out. Our daily stock roundup is based on investing.

Asian Currencies Weaken as Focus Turns to Global Policy

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Witriyani Thu, 30 Mar 2023

Asian currencies weakened on Thursday as the dollar strengthened, with investors turning their attention back to the U.S. and global monetary tightening campaign as the global financial crisis eases.

US Dollar Strengthens Amid Easing Banking Crisis Fears

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Witriyani Thu, 30 Mar 2023

The US dollar (USD) has reportedly strengthened since Thursday as concerns over the banking sector have eased, helping to boost risk sentiment, with investors turning their attention to the Fed's batt

Oil Prices Rise For Asia Trade On Kurdistan Risks

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Witriyani Wed, 29 Mar 2023

Crude oil prices rose in Asian trading on Wednesday, extending gains to a third straight session as disruptions in crude oil shipments in Kurdistan and a major drawdown in U.S. inventories could point

Safe-Haven Dollar Slips as Bank Worries Ease

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Witriyani Tue, 28 Mar 2023

On Tuesday, the US dollar fell against most other major currencies. This was due to easing concerns about a wider banking crisis, so that demand for assets considered safe, such as the US dollar, decr

Banking Crisis Unnerves, US Dollar Steady

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Witriyani Mon, 27 Mar 2023

US dollar - On Monday, investors watched the actions of authorities and regulators to control concerns over the global banking system. This resulted in a strengthening of the dollar and a weakening of

Global Oil Prices Rise Slightly Amid Banking Sector Uncertainty

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Witriyani Mon, 27 Mar 2023

Global oil prices are currently holding tight for the Asian trading session. Reportedly hovering above a 15-month low as the market awaits a price drop from shoes in a potential global banking crisis.

Asian Stock Markets Plunge Amid Global Oil Rebound

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Witriyani Fri, 24 Mar 2023

Markets in the Asian domain are experiencing uncertainty and caution as investors shift their focus to the release of the global Purchasing Managers' Index (PMI). The PMI is a key indicator to gauge t

Global Oil Prices Drop as US Delays Replenishment of Reserves

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Witriyani Fri, 24 Mar 2023

Global oil prices fell on Friday in Asian trade due to comments by US Energy Secretary Jennifer Granholm who said it would be difficult to quickly replenish the country's Strategic Petroleum Reserve (

Global Gold Strengthens Due to Fed Interest Rate Pause

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Witriyani Thu, 23 Mar 2023

Gold is currently strengthening to a high above $1,970 an ounce since Thursday after rising 1.6%. The strong reason for the price increase is because the Fed gave 25 bps to the widely expected gold in

AUD/USD Climbs Higher 0.6750 As Rates Pause

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Witriyani Thu, 23 Mar 2023

The Australian dollar is reported to have climbed to a higher level of 0.6750 in early European session today. Aussie assets are stronger after the Fed chairman signaled a temporary pause on rate hike

GBP/USD Rises to 1.2310 Amid Brexit Optimism, Dovish Fed

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Witriyani Thu, 23 Mar 2023

The British pound (GBP/USD) today refreshed its daily high near 1.2310 as it climbed towards the seven-week high marked the previous day, while the bulls held on to control ahead of the BoE's monetary

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