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Market Snapshot: Full Coverage

• 13 October, 2021
• 10:52 am EEST

Summary:  Equities traded choppily yesterday, neither managing to sustain a rally nor close anywhere near the session lows, though US equities did close marginally lower yesterday and sideways overnight in a fairly downbeat Asian session. Today, we look forward to…

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The EUR/USD is struggling to prolong its rebound and has returned below 1.1550.

• 12 October, 2021
• 3:28 pm EEST

The EUR/USD is struggling to prolong its rebound and has returned below 1.1550.   EUR/USD is struggling to make a meaningful move in either direction. After a day of advances, the US Dollar Index has entered a period of consolidation.…

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Gold prices rise, awaiting US data Backed by rising inflation fears

• 12 October, 2021
• 2:54 pm EEST

Gold prices rose in trading on Tuesday, supported by rising concerns about inflation, as the sentiment of risk aversion and inflation fears boosted the attractiveness of the precious metal. This comes despite the gains capped by the strength of the…

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Stocks and bonds reel under stagflation threat

• 12 October, 2021
• 1:02 pm EEST

A selloff in global stocks extended into Tuesday on signs that soaring energy prices have put a dampener on economic growth, while inflation and policy-tightening fears sent short-dated U.S. Treasury yields to 18-month highs. OIL Oil prices rose further, with…

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GBP/USD pares intraday gains to two-week highs, rising slightly around 1.3625-30.

• 11 October, 2021
• 3:29 pm EEST

GBP/USD pares intraday gains to two-week highs, rising slightly around 1.3625-30.   The British pound gained some ground on Monday after the Bank of England signaled an impending rate hike. The upside is still limited due to the underlying optimistic…

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