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GIC provides the latest news about forex and commodities which influence market movements.
Equities Rise, US Yields Fall as Earnings Begin
Global equity markets rose on Monday, while U.S. Treasury yields fell as investors were buoyed by a better-than-expected U.S. corporate earnings season that kicked off this week. Most of the S&P 5
Asian Stocks Steady, Dollar Weakens as Traders Weaken
Asian stocks were steady on Monday ahead of a week packed with major quarterly earnings announcements. The dollar, meanwhile, was at a three-week low in October as traders awaited earnings, leaving th
Saudi Arabia Eyes Supply, Brent Oil Releases $86
Oil rose above $86 a barrel after Saudi Arabia said the OPEC+ alliance should maintain a cautious approach to managing global crude supplies given the threat to demand still posed by the pandemic. Glo
Economy Calmer, Leave EUR and Pound as Focus
Earlier today, it was a quieter start to the week on the economic calendar this morning. There were no major statistics for markets to consider early in the day. At the time of writing, the Aussie dol
Dollar Set for Losses on FED Tapering
News the dollar was set for losses as it headed for a second straight weekly decline on Friday as sentiment remained skewed toward riskier assets. Meanwhile, intervention by Australia’s central
Canadian Oil Meets Trudeau on Emissions Cuts
News Canadian oil producers are facing renewed pressure from Prime Minister Justin Trudeau to cut emissions in just three years, and they must meet it. The sudden acceleration of their plans is s
Gold Rises Higher on Weaker Dollar
News gold prices edged higher on Thursday, extending gains into a third session as a weaker dollar made the metal cheaper for buyers holding other currencies. Spot gold was up 0.2% at $1,784.96 per ou
Gold Rises as Dollar, Treasury Yields Weaken
News gold prices edged up on Tuesday, as a weaker dollar and lower U.S. bond yields provided some support to the precious metal. Spot gold rose 0.2% to $1,767.91 per ounce by 0126 GMT. U.S. gold futur
Dollar Weakens on Central Bank Bets, Outpaces FED
News daily forex discusses the weakening dollar. The dollar weakened to the lower end of its recent range against major currencies on Tuesday. This is because the greenback was hit by weak US factory
Dollar Holds Strong on Inflation, Higher Yields
The US dollar in the news is said to hold strong as inflation drives higher yields. The US dollar found its footing on Monday due to weak economic data from China. Added to this, rising oil prices hav
Dollar Ends Decline, Yen Nears Low
The dollar ended its decline, heading for its first weekly decline, versus major peers since early last month on Friday as global risk appetite rebounded. Meanwhile, the Japanese yen hit a three-year
Oil Prices Rise 3%, Profits Increase Consecutively
News oil prices rose on Friday, heading for a more than 3% gain this week, amid growing signs of strong demand and tighter supplies in the coming months as soaring gas and coal prices fuel a shift to
