EBC Markets Briefing | Crude prices down on US crude build
By EBC
Oil prices fell as US crude inventories rose unexpectedly, raising demand fears, while Iran nuclear talks renewed. Benchmark down 13% this year.
EBC Markets Briefing | Gold ticks up with budget deadlock
By EBC
Gold prices rose to a one-week high Wednesday as US fiscal uncertainty boosted safe-haven demand. Trump pressures Republicans to back his budget plan.
EBC's Million Dollar Trading Challenge II | Rising Stars Step Up as Trump Encounters Resistance
By EBC
Gold jumped above $3,300 as Trump’s budget hit GOP pushback. @Yiwangwuqian stayed steady; newcomer @12Emery hit third with a 22x return.
Top 4 Trading Moves That Shaped Week 11 of EBC’s Million Dollar Trading Challenge
By EBC
Top traders showed discipline, seized gold reversals, and broke out with bold momentum plays in Week 11 of EBC’s Million Dollar Trading Challenge.
EBC's Million Dollar Trading Challenge II | Top Traders Play It Safe asMarkets Calm
By EBC
EBC Million Dollar Trading Challenge II enters final phase with top traders cautious, while third place ramps up trades, intensifying competition.
EBC Markets Briefing | EU-UK reset pushes pound higher
By EBC
The pound trimmed gains Tuesday after Britain and the EU agreed on a major trade and defense deal; the weak dollar eyed trade talks.
Will a Cooling US CPI Spark a Global FX Shakeup? EBC Weighs In
By EBC
EBC says cooling US CPI could shift Fed policy, stirring FX volatility—traders must focus on interpretation, not just the headline figure.
EBC's Million Dollar Trading Challenge II | Two Weeks to Go as Dream Squad Traders Face Off
By EBC
EBC's Million Dollar Trading Challenge heats up as @Yiwangwuqian leads with \$620K, while @forexwatchbrother closes in fast. Final showdown nears!
EBC Markets Briefing | Yuan firms in the wake of US credit blow
By EBC
On May 19, the dollar eased in early Asian trade as markets reacted to weakened US assets; April retail sales showed fading pre-tariff buying momentum.
EBC Markets Briefing | EU firms yet to get out of the hole
By EBC
European shares closed higher Thursday, led by industrials. Despite the new trade truce, uncertainty still clouds European firms' outlook.
EBC's Million Dollar Trading Challenge II | Top Traders Stand Out with Dynamic Yen and A-Share Tact
By EBC
EBC trading heats up: @Yiwangwuqian gains $80K shorting yen, @forexwatchbrother tops \$500K, and @King001 leaps to third place.
EBC’s Million Dollar Trading Challenge II | Newcomer’s $544,000 Day Sets New Benchmark in EBC Challe
By EBC
On May 15, 2025, EBC's Trading Challenge saw huge gains as one trader made $544K in a day, with others profiting from gold’s sharp drop.
EBC Markets Briefing | Oil prices slump on hope of Iran nuclear deal
By EBC
Oil prices fell nearly $1 early Thursday on hopes for an Iran nuclear deal and a surprise rise in US crude stocks, raising oversupply fears.
Caught in a Fake MT4 Trap? Here’s How to Never Fall for It Again
By EBC
Learn how to spot and avoid fake MT4 platforms that mimic real trading environments but disconnect you from live markets and compromise your funds.
EBC Markets Briefing | Wall St back in green with Nvidia jumping
By EBC
S&P 500 and Nasdaq 100 rose for a second day as cooling inflation and easing US-China trade tensions boosted investor optimism.
EBC’s trading challenge
By EBC
On May 14, EBC’s trading challenge saw intense action, with top trader @Wolaiole earning over $230K. Skill and patience drive success.
EBC's Million Dollar Trading Challenge II | Gold Plummets as Rising Stars Attract a Surge of Copy T
By EBC
On May 13, @Wolaiole hit \$200K in EBC’s challenge. Gold plunged $200. @zfl888 and @jidljis stayed flat, showing sharp, high-return tactics.
Trading Grit and Gold Turns: Inside Week 10 of EBC’s Million Dollar Trading Challenge II
By EBC
Week 10 of EBC’s Million Dollar Trading Challenge II saw volatility, strategic shifts, and bold comebacks, as traders adapted and made their moves towards the top.
EBC Watches as Central Banks Split: Who’s Holding, Who’s Cutting?
By EBC
EBC examines the growing policy divide among major central banks, focusing on how these shifts are reshaping trader strategies and market sentiment worldwide.
EBC Markets Briefing | Aussie up on progress in US-China trade deal
By EBC
The Australian dollar rose after US-China weekend talks announced a trade deal. Though details are unclear, any easing may boost sentiment.
EBC's Million Dollar Trading Challenge II | Record-Breaking Week as Traders Race Past $300,000 in P
By EBC
On May 9, 2025, EBC’s Trading Challenge saw @forexwatchbrother earn \$380K, @Wolaiole top \$100K, and @jidljis post steady gains.
EBC Markets Briefing | Pound pares gains following limited trade deal
By EBC
Sterling rallied on trade deal hopes but fell to a three-week low of 1.3220 Friday after the agreement proved limited.
EBC and IUU: A Key Partnership for Mongolia’s Financial Development
By EBC
EBC’s collaboration with IUU focuses on empowering Mongolian youth with internships, real-world finance experience, and career opportunities to shape global leaders.
EBC Markets Briefing | Shale reels from peak output and intense competition
By EBC
The Trump administration plans to revise Biden-era decommissioning rules to address peak U.S. shale oil production and falling prices.
EBC Markets Briefing | Bullion jumps on Powell's caution
By EBC
Gold rose over 1% Thursday after Fed Chair Powell's cautious economic remarks; U.S. trade deficit hit record high in March on rising imports.
EBC's Million Dollar Trading Challenge II | Dream Squad Steady as Rising Stars Charge Ahead
By EBC
On May 8, 2025, in EBC’s Challenge, @songqiantongzi nears \$200K profit, while @jidljis and @zfl888 post 65x and 55x returns.
EBC Markets Briefing | Euro inches down after German election
By EBC
The euro eased Wednesday after Germany elected Merz chancellor—marking the first post-WWII candidate to lose in the first round.
EBC's Million Dollar Trading Challenge II | New Leaders Take Centre Stage as Copy Traders Follow Su
By EBC
On May 7, gold spiked past \$3,400 in EBC’s Challenge II. Top traders hit 50x+ returns, with @jidljis earning \$7K and leading copy trading.
5 Key Takeaways from Week 9 of EBC’s Million Dollar Trading Challenge II
By EBC
Week 9 of EBC’s Million Dollar Trading Challenge II saw volatility drive opportunities, new leaders rise, and copy trading activity surge, with impressive profits and strategies.
EBC's Million Dollar Trading Challenge II | Top Traders Flood In as Performance Soars
By EBC
As of May 6, 2025, EBC’s Million Dollar Trading Challenge II sees @forexwatchbrother under pressure, @zfl888 at 43x, and @jidljis in second.
What Should You Look for in a Reliable, Secure Offshore Account?
By EBC
Discover the key factors to look for when opening a reliable offshore account, and learn how to ensure a safe and secure trading environment.
EBC's Million Dollar Trading Challenge II | Fortune Favours the Bold as Trading Maverick Rises
By EBC
EBC’s Million Dollar Challenge heats up: @forexwatchbrother nears \$300K, @LonelySeeker001 makes 2,345 trades, and @zfl888 tops Rising Stars.
EBC's Million Dollar Trading Challenge II | The Peak Nears as Traders Withdraw $300,000 in Profits
By EBC
EBC's Million Dollar Trading Challenge II heats up, with @willsdad making $300K. New traders post 20x returns, offering top copy trading opportunities.
EBC Markets Briefing | Canadian dollar overlooks election result
By EBC
The Canadian dollar traded sideways on Wednesday as investors reacted calmly to a less decisive Canadian election result and ignored low oil prices.
From Partnership to Action: EBC’s Renewed Commitment to United to Beat Malaria and 5K Run Support
By EBC
EBC Financial Group renews our global partnership with United to Beat Malaria, stepping up as a first-time sponsor of the 2025 Move Against Malaria 5K.
EBC's Million Dollar Trading Challenge II | $300,000 Profit Steals the Show as Traders Race to the
By EBC
As of April 29, 2025, EBC’s Million Dollar Trading Challenge II nears its final month. @willsdad hits $300K, while @SDPC28KK15F leads with 20x returns.
EBC Markets Briefing | Bullion inches down on easing fear
By EBC
Gold fell Tuesday as easing US trade tensions boosted market sentiment, with investors awaiting economic data to evaluate the Fed's policy direction.
Inside the Record-Smashing Week 8 in EBC's Million Dollar Trading Challenge
By EBC
Week 8 of EBC’s Million Dollar Trading Challenge II saw record profits, strategic shifts, and a surge in copy trading as markets stabilised after tariff tensions.
EBC’s Million Dollar Trading Challenge II | A Moment of Calm Brings New Momentum to Rising Stars
By EBC
On April 28, EBC’s Million Dollar Trading Challenge saw @forexwatchbrother reach $160K in profits, while @SDPC28KK15F rose with strong gold trades.
EBC Markets Briefing | European stocks increase with massive inflow
By EBC
European shares hit a 3-week high Friday, marking a second weekly gain as US-China trade tensions showed signs of easing, boosting risk appetite.
What Does EBC’s Presence at iFX EXPO LATAM 2025 Mean for Latin American Traders?
By EBC
EBC’s presence at iFX EXPO LATAM 2025 underscores our focus on empowering Latin American traders with education, tools, and local support for long-term growth.
EBC's Million Dollar Trading Challenge II | Dream Squad Trio Dominates as Rising Stars Hold Steady
By EBC
In EBC's Million Dollar Trading Challenge II on April 25, 2025, @willsdad, @songqiantongzi, and @forexwatchbrother faced challenges and gains.
EBC Markets Briefing | Oil prices higher on peace deal uncertainty
By EBC
Oil prices rose slightly on Friday but were set for a weekly loss as OPEC+ output hikes and a potential Russia-Ukraine ceasefire may boost supply.
What’s Holding Most Platforms Back from Offering Real Order Flow Data?
By EBC
Many platforms lack true order flow tools due to technical barriers, but EBC offers real-time data access and pro-grade tools to all clients for free.
EBC Markets Briefing | Yen strengthens amid trade deal uncertainty
By EBC
The yen, trading above 143 per dollar Thursday, may spark US-Japan talks, but Tokyo is expected to resist calls to strengthen its currency.
EBC's Million Dollar Trading Challenge II | Over $40,000 in a Day as Top Trader Eyes the Kiwi Dolla
By EBC
On April 24, EBC's contest saw @forexwatchbrother hit $140K profit in days, ending the duopoly. New entries raise competition intensity.
Your Trading Signals Deserve More: What the EBC Trading Rewards Plan Offers
By EBC
EBC Trading Rewards Plan turns top signals into income, brand power, and capital growth, with up to 18% annual bonuses and exclusive perks.
This Week in EBC’s Million Dollar Trading Challenge II: What the Top Traders Did Differently
By EBC
EBC’s Million Dollar Trading Challenge II shows how adaptability, not just experience, helped traders thrive amidst volatile markets.
EBC Markets Briefing | China endeavours to stabilise equity market
By EBC
Amid China-U.S. tariff tensions and decoupling risks, China’s A-shares rebounded with policy backing and retail investor support.
EBC's Million Dollar Trading Challenge II | Black Horses Emerge as Copy Trading Gathers Pace
By EBC
EBC’s trading challenge saw a shakeup on April 23 as dark horses rose, top profits hit $100K+, and market volatility reshuffled the ranks.
EBC Markets Briefing | Wall St celebrates Trump's compromise
By EBC
US stocks rebounded Tuesday as easing trade tensions drew in buyers, pushing all three major indexes up over 2.5% in a broad rally.
EBC Markets Briefing | Swiss franc sought-after despite low rate
By EBC
Trump’s attacks on the Fed chair hit investor confidence, pushing the dollar near a decade-low against the Swiss franc on Tuesday.
EBC's Million Dollar Trading Challenge II | Markets Return After Good Friday as Copy Trading Gains
By EBC
EBC's Million Dollar Trading Challenge II has entered its 22nd day of April, @songqiantongzi leads with $146K profit, @BuYaoGenWoDan rises to second.
EBC Markets Briefing | Gold price shoot up on Powell's trouble
By EBC
Gold hit a record high Monday in Asia on safe-haven demand amid concerns Trump’s plan to replace Powell could threaten Fed independence.
EBC Markets Briefing | Oil poised to rise with potential trade deals
By EBC
Thursday marked the week's final settlement before Easter, with light trading. Brent and WTI rose about 5%, their first weekly gain in 3 weeks.
EBC's Million Dollar Trading Challenge II | Traders Welcome the Long Weekend as 40x Returns Emerge
By EBC
EBC's Million Dollar Trading Challenge II has entered day 48. @Gaoxin leads with 40x returns, while others await their next move.
EBC Markets Briefing | Gold well supported amid trade tensions
By EBC
Gold dipped from its high on Thursday but stayed firm as US stocks fell again after Trump ordered a probe, sparking new global trade war concerns.
EBC's Million Dollar Trading Challenge II | Copy Trading Volumes Rebound as Two Traders Dominate th
By EBC
EBC's Million Dollar Trading Challenge II is now on day 47, @songqiantongzi earns $16K; @Gaoxin hits 39x returns. Gold stays top pick.
Would You Risk It All? Week 6 Heats Up in EBC’s Million Dollar Trading Challenge II
By EBC
Week 6 of EBC’s Million Dollar Trading Challenge II saw gold-fuelled profits, bold strategies, and rising stars pushing past 20x returns as competition intensified.
EBC Markets Briefing | European stocks remain under pressure
By EBC
European shares rose Wednesday as investors eyed US-EU trade talks; Trump said he's considering changes to the 25% car import tariffs.
EBC's Million Dollar Trading Challenge II | The Winning Formula at the Halfway Mark
By EBC
EBC's Million Dollar Trading Challenge II has now passed its halfway point, @songqiantongzi and @Gaoxin. More top traders may emerge as May nears.
Behind the Badge: What It Really Means to Be Regulated by the FCA
By EBC
EBC Financial Group explains why the FCA is regarded as the world’s most trusted and stringent financial regulator, setting the standard for safety and transparency.
EBC's Million Dollar Trading Challenge II | Dream Squad Ends Its Lull as Gold Trading Heats Up
By EBC
EBC's Million Dollar Trading Challenge II has entered day 45, @songqiantongzi profits on longs, while @Linglingyi struggles with shorts.
EBC Markets Briefing | Loonie shows signs of peak on weak fundamentals
By EBC
The Canadian dollar held near a 5-month high Tuesday as investors eyed the BOC rate decision; cuts likely later despite steady rates this week.
How EBC Financial Group’s Ramadan Project Went Beyond Financial Help
By EBC
EBC Financial Group's Ramadan project at Berdikari Elderly Cottage went beyond financial contributions, offering hands-on support and emotional connection to improve the lives of elderly residents, fostering long-term community impact.
EBC's Million Dollar Trading Challenge II | Rising Stars Break Records Despite Market Volatility
By EBC
EBC's Million Dollar Trading Challenge II has entered day 44, @songqiantongzi leading with patience, @Hanxiaojie climbing to second with steady profits.
EBC Markets Briefing | Bullion holds strong after a bumpy week
By EBC
Gold hovered above $3,200 near record highs Monday as the dollar stayed near a 3-year low, driving investors to the metal’s safe haven appeal.
EBC Markets Briefing | Crude prices severely hit by trade war
By EBC
Oil prices fell on Friday, set to decline for a second week amid concerns that the ongoing US-China trade war will hurt global crude demand.
EBC's Million Dollar Trading Challenge II | A Turbulent Week Ends as Top Traders Hold Their Ground
By EBC
EBC's Million Dollar Trading Challenge II has entered day 41, @songqiantongzi and @Gaoxin lead; @Hanxiaojie climbs to 2nd.
EBC Markets Briefing | South African rand steadies after political tumult
By EBC
The rand stayed near an all-time low on Thursday, as Trump’s policies and fears of South Africa’s government split unsettled investors.
EBC’s Million Dollar Trading Challenge II | Rising Stars Ride the Waves as Silver Enters the Spotlig
By EBC
EBC's Million Dollar Trading Challenge II has entered day 40, @songqiantongzi leads, while @Gaoxin and @RYsx99gg1 impress with bold, timely trades.
When EBC Meets iFX: A New Chapter for Financial Empowerment in Mexico
By EBC
This article highlights how EBC Financial Group’s involvement in iFX Expo LATAM 2025 showcases our dedication to promoting financial literacy and empowering Mexico’s growing digital economy.
EBC Markets Briefing | Euro rises amid China-US tariff face-off
By EBC
The euro rose Wednesday as Germany's conservatives and Social Democrats reached a deal to form a government, easing EU political concerns.
EBC's Million Dollar Trading Challenge II | Tariff Chaos Fuels Market Volatility as Traders Stay Afl
By EBC
EBC's Million Dollar Trading Challenge II has entered day 39, @fulizhiyi leads with lower profits, while @Hanxiaojie shorts the S&P 500.
How to Spot a Genuine Trading Platform: 3 Key Indicators to Look For
By EBC
In this article, we explore how to identify a trustworthy trading platform by focusing on the importance of avoiding unrealistic profit promises, steering clear of excessive bonuses, and ensuring proper regulatory oversight to safeguard your investments.
EBC Markets Briefing | Nikkei index surged after Black Monday
By EBC
Asian stocks rebounded and US futures rose Tuesday as markets steadied, hoping Washington may ease some aggressive tariffs.
EBC's Million Dollar Trading Challenge II | The Competition Enters a New Phase with EA Domination
By EBC
EBC's Million Dollar Trading Challenge II has entered day 38, @fulizhiyi leads with $130,000 in profits, @Gaoxin tops Rising Stars.
5 Key Moments That Defined Week 5 of EBC's Million Dollar Trading Challenge II
By EBC
Week 5 of EBC's Million Dollar Trading Challenge II saw dramatic market movements, standout comebacks, and tactical shifts, all highlighting the adaptability and precision needed to stay at the top in this intense competition.
EBC Markets Briefing | Aussie dollar collapse amid market bloodshed
By EBC
The Australian dollar dropped to five-year lows, driven by trade war fears and recession concerns, with traders betting on large rate cuts.
EBC's Million Dollar Trading Challenge II | Tariff Shockwaves Trigger Dramatic Leaderboard Changes
By EBC
EBC's Million Dollar Trading Challenge II has entered day 37, @fulizhiyi soared to first place, profiting nearly $100,000 in a week.
Week 4: The Thrills and Spills of EBC's Million Dollar Trading Challenge II
By EBC
Week 4 of the EBC Million Dollar Trading Challenge II brought fierce competition, bold moves from @tonytony and @Liyang, and nonstop leaderboard shake-ups.
EBC Markets Briefing | Swiss franc gains on sweeping tariffs
By EBC
The Swiss franc rose Friday, while the euro held steady after Trump’s harsher-than-expected tariffs shook markets, driving investors to safe havens.
EBC’s Million Dollar Trading Challenge II | Tariff Shock Sends Gold Soaring as Traders Adapt
By EBC
EBC traders surpass 10x returns as Trump’s tariffs boost gold. @songqiantongzi leads, @18500131555VIP holds top spot, and @willsdad stays steady.
The Silent Shift Putting Indonesia at the Centre of Clean Energy
By EBC
Indonesia’s nickel boom is quietly reshaping the global clean energy landscape, blending economic ambition with sustainability efforts as it cements its role in the future of electric mobility.
Think India’s Budget 2025 is Only for Locals? Global Traders, Think Again with EBC
By EBC
EBC examines India's Budget 2025, highlighting its push for fintech and AI growth while addressing the investment challenges that lie ahead.
EBC Markets Briefing | Gold holds ground with tariffs in view
By EBC
Gold traded above $3,100 on Tuesday as tariff uncertainty fueled safe-haven demand, boosting inflation concerns and economic growth risks.
EBC's Million Dollar Trading Challenge II | Rising Stars Aim for 20x Returns
By EBC
In the EBC Trading Challenge II, @Epiphany666 hits 20x returns, @songqiantongzi leads with $77K, and newcomer @fulizhiyi reaches the top 3.
Why Is Vietnam’s Economy Booming While Others Struggle? EBC Breaks It Down
By EBC
Vietnam’s rise is a masterclass in strategy and resilience. While others struggle, EBC sees its smart policies, bold trade moves, and infrastructure paving the way for lasting growth.
EBC Markets Briefing | Loonie muted but bears fled positions
By EBC
The Canadian dollar rose Tuesday as investors grew cautious before US tariffs. Oil prices surged amid fears of more sanctions on Russia and Iran.
EBC Million Dollar Trading Challenge II | Finally 10x return appears
By EBC
EBC’s trading challenge: @songqiantongzi leads with $50K gains, @18500131555VIP hits 1000% ROI. Oil trading remains risky amid global tensions.
EBC Million Dollar Trading Challenge II | Gold Propels Rising Stars to New Heights
By EBC
The EBC Million Dollar Trading Challenge II hits day 28. @willsdad makes a $34K comeback, while @18500131555VIP climbs to fourth with 66 flawless trades.
EBC Markets Briefing | Oil prices up as investor weigh car tariffs
By EBC
Oil prices rose Thursday on US threats to Venezuelan oil buyers, amid concerns over tighter supply and car import tariff impacts.
EBC Million Dollar Trading Challenge II | Gold Bears Strike as Rising Stars Race Neck and Neck
By EBC
On Day 26 of the EBC Million Dollar Trading Challenge II, @Liyang leads with $32,000, and @Ljx121124 surpasses @Finallyfivehundred with 800% return.
EBC Million Dollar Trading Challenge II | Gold Trades and a Shake-up in the Rising Stars Leaderboar
By EBC
On Day 27 of the EBC Challenge, @Liyang recovered losses, @tonytony made a 9x return, and @18500131555VIP leads in copy trading.
EBC Markets Briefing | Yen poised to extend rally despite BOJ pause
By EBC
The yen hit a three-week low as Japan's GDP growth was cut to 2.2%, with tariffs and rising wages impacting exports and inflation.
EBC’s Blueprint for Beginners: Master the Market with These Smart Trading Picks
By EBC
Kickstart your trading journey with EBC, where beginners thrive on top picks like EUR/USD, gold, and stock indices, all supported by unbeatable spreads and cutting-edge tools for success.
Week 3’s Risk-Takers vs. Week 2’s Top Players at the EBC Million Dollar Trading Challenge II
By EBC
Week 3 of the EBC Million Dollar Trading Challenge II brought bold moves and shaken rankings as daring risk-takers went head-to-head with Week 2’s steady top players.
5 Reasons EBC Asset Management's Sydney Office Is a Game-Changer for Global Investors
By EBC
EBC Asset Management's new Sydney office strengthens our global presence, offering investors premium financial solutions from a key strategic hub in the Asia-Pacific region.
EBC Markets Briefing | Market cautiously bullish on European stocks
By EBC
European shares ended flat on Monday as caution prevailed amid hopes Trump may soften his tariff policies in the coming weeks.
EBC Million Dollar Trading Challenge II | Gold Trading Takes Centre Stage as Dream Squad's New Talen
By EBC
The 2nd EBC Global Million Dollar Trading Competition reached day 25. @Liyang leads Dream Squad, and @CFA2018’s profit in Rising Stars exceeds 8x.
EBC Million Dollar Trading Challenge II | Bold Moves as Newcomers Shine
By EBC
The second EBC Global Million Dollar Trading Competition: @Liyang leads Dream Squad, and @CFA2018 tops Rising Stars with nearly 800% profit.
EBC Markets Briefing | Hedge funds fled US stocks on Trump fears
By EBC
The S&P 500 posted a modest weekly gain, ending a four-week decline, but remains in correction territory, down over 10% from its February high.
EBC Markets Briefing | Oil prices eye weekly gain on Iran sanction
By EBC
Oil prices rose in early Asian trading on Friday, set for a second weekly gain, as US sanctions on Iran and OPEC+ output cuts raised supply concerns.
EBC Million Dollar Trading Challenge II | Rising Stars Face the 10x Curse
By EBC
Day 21 of the EBC Global Million Dollar Trading Competition: @Liyang is second, close to first, and @tonytony leads Rising Stars with 10x returns.
EBC’s Ongoing Mission to Support Orphans and Rebuild Childhoods Across the Globe
By EBC
EBC Financial Group partners with the Baan Nokkamin Foundation to provide essential support, education, and hope to orphans and vulnerable children, reflecting its commitment to building brighter futures worldwide.
EBC Markets Briefing | Wall St regains footing on Fed's rate projection
By EBC
US stocks bounced Wednesday after the Fed kept rates unchanged but signaled a 0.5% cut by year-end, boosting market optimism.
EBC Million Dollar Trading Challenge II | Rising Stars Threaten the Leaders
By EBC
EBC Million Dollar Trading Competition: @tonytony reaches second place with 700% profit, and rookie @songqiantongzi makes the top three.
It’s Not Just About Tariffs: EBC Financial Group Reveals the Bigger Picture in the US-EU Trade War
By EBC
The US-EU trade war escalates, and David Barrett, CEO of EBC Financial Group (UK) Ltd., tells CGTN the real battle extends beyond goods to the service sector.
Who’s Leading EBC’s Million Dollar Trading Challenge? A Look at the Hottest Traders and Strategies
By EBC
EBC's Million Dollar Trading Challenge II intensifies as @fengzheng01 dominates Dream Squad with a 96.5% win rate, while @Finallyfivehundred multiplies profits sevenfold.
EBC Million Dollar Trading Challenge II | Latecomers Close the Gap
By EBC
The EBC Million Dollar Trading Competition entered day 19. @Liyang's gold long profit rose to second, while @chongchujianghu's orders hit $50K.
EBC Million Dollar Trading Challenge II | Calm before the storm
By EBC
The EBC Million Dollar Competition hit day 18. @3zo3zo profited shorting Nikkei, @Liyang lost on gold longs, and @chongchujianghu saw no major gains.
EBC Markets Briefing | Euro in favour ahead of a key vote
By EBC
The US dollar hovered near a five-month low against the euro and other majors on Tuesday amid concerns over rising global trade tensions.
EBC Markets Briefing | Gold treads water before peace talk
By EBC
Gold steadied below $3,000 after last week’s record high. Goldman Sachs sees upside risk to its $3,100 year-end forecast.
EBC Million Dollar Trading Challenge II | Mastering Gold’s Market Moves
By EBC
EBC’s trading challenge is on Day 17. By 11 AM, Dream Squad leader @willsdad closed all overnight positions before gold hit $3,000, securing profits.
EBC Million Dollar Trading Challenge II | Leaders Fall as Rising Stars Chase 10x Returns
By EBC
Day 14 of the 2nd EBC Million Dollar Trading Contest: @willsdad leads, @Liyang and @3zo3zo follow, and @Fanfan123 gains 9x returns on GBP/JPY.
The Trader’s Survival Kit from EBC: 5 Essential Techniques for Market Turbulence
By EBC
Navigate market turbulence like a pro with EBC’s five essential techniques, designed to help you seize opportunities while managing risk in volatile conditions.
EBC Markets Briefing | Oil prices ease on more OPEC+ output
By EBC
Oil prices eased Thursday after a surge due to a US gasoline stock draw, with WTI net long positions at a 15-year low in February.
EBC Million Dollar Trading Challenge II | Volatility Tests Traders' Resilience
By EBC
The EBC Million Dollar Trading Challenge II is on day 13. The top 3 in Dream Squad saw setbacks, while Rising Stars reached new profitability highs.
EBC Million Dollar Trading Challenge II | An Appetite for Risk
By EBC
Day 12 of the 2nd EBC Million-Dollar Contest: @3zo3zo tops $20K, @fengzheng01 leads, and @Finallyfivehundred claims Training Camp's top spot.
EBC Markets Briefing | Loonie faces wild swing ahead of BOC meeting
By EBC
The dollar neared a five-month low as Trump's trade policies kept US economic concerns high. The loonie remained volatile.
AI vs. Human Traders: Who Really Has the Upper Hand in 2025?
By EBC
Thailand is leading the charge in AI-driven finance, strategically investing in innovation while maintaining regulatory balance as AI reshapes global trading.
EBC Markets Briefing | Wall St slumps as hedge funds beat a retreat
By EBC
US stock indexes fell Monday, with Nasdaq 100 down 3.8%, as concerns rise that Trump's tariffs could lead to a global recession.
EBC Million Dollar Trading Challenge II | Capturing the Nikkei 225 Rally
By EBC
On day 11 of the 2nd EBC Trading Competition, @fengzheng01 earned $56K with a 96.5% win rate. @HuweiEA and @tonytony are within 3%.
What Did EBC Reveal at Money Expo Mexico 2025? Key Insights for LATAM Traders
By EBC
Mexico, a crucial entry point to Latin America, sees EBC reinforcing its industry presence while shedding light on key market trends.
EBC Markets Briefing | Euro shakes off robust NFP report
By EBC
The euro rose after its best week since 2009, boosted by Germany's fiscal reforms. US job growth picked up, but tariffs show impact.
EBC Million Dollar Trading Challenge II | Leaderboard Volatility
By EBC
On day 10 of the EBC Million Dollar Trading Challenge II, @fengzheng01 leads with $46K profit, shifting focus from gold to forex trades.
EBC Markets Briefing | Oil struggles as OPEC+ turns on the tap
By EBC
Oil hovered near a three-year low on Friday due to tariff uncertainties between the US, Canada, China, and OPEC+ plans to increase output.
EBC’s Million Dollar Trading Challenge II | A Wide Gap Within Dream Squad
By EBC
EBC's Million Dollar Trading Challenge II, Day 7: @fengzheng01 leads the Dream Squad, securing a top spot with a record profit of around $36,000.
Can a Simple Gesture Transform Lives? EBC’s Mission at The Blind School of Maha Phai Pattaya
By EBC
Through heartfelt connections, EBC’s charity initiative spreads joy and empowers students at The Blind School of Maha Phai Pattaya, making a lasting impact.
Seven Key Features That Make EBC’s Trading Challenge the Ultimate Test for Traders
By EBC
EBC Financial Group is back with its Million Dollar Trading Challenge, where participants can win a $1 million prize and enjoy a VIP experience at FC Barcelona.
EBC Markets Briefing | Euro shines after German big stimulus
By EBC
The euro stayed near a 4-month peak after Germany announced a major spending boost under an agreement by parties forming the next government.
EBC Markets Briefing | Loonie grapples with tariffs in effect
By EBC
The Canadian dollar hit a one-month low on Tuesday as trade war fears grew after Trump announced 25% tariffs on goods from Canada and Mexico.
EBC Markets Briefing | Bullion gains on cooling US inflation
By EBC
Gold edged up on Monday as US inflation cooled in January. Futures traders slightly increased the odds of a June rate cut, now above 70%.
EBC Markets Briefing | Oil drops as headwinds pile up
By EBC
Oil prices fell Friday, heading for their first monthly drop since November, amid concerns over global growth and fuel demand from tariff threats.
EBC Markets Briefing | Gold whipsaws on new tariff talks
By EBC
Gold stayed near $2,900 as investors assessed Trump’s 25% tariff plan on the EU, with unclear details on affected products or sectors.
Safe Havens, Forex Swings, and Commodities Chaos: Making Sense of U.S.-China Trade Shifts
By EBC
Global markets are shifting as U.S.-China trade tensions escalate, and EBC breaks down the key trends shaping the road ahead.
EBC Markets Briefing | Euro firms with signs of a thaw with China
By EBC
The US dollar hit an 11-week low, pressured by weak data and falling Treasury yields, while the euro firmed amid "peak pessimism."
EBC Weighs In: How South Korea’s Martial Law and the Jeju Air Tragedy Are Reshaping Global Markets
By EBC
Recent events in South Korea, such as the imposition of martial law and growing economic challenges, are causing ripples across global markets. Stay updated on these crucial changes and their far-reaching effects.
EBC Markets Briefing | Wild swing ahead for US equities
By EBC
The Nasdaq 100 dropped over 1% on Monday, led by declines in big tech stocks as investors awaited Nvidia's earnings report.
Brazil’s Economic Crossroads: How High Rates and Growth Hurdles Shape the Future
By EBC
As Brazil braces for interest rates climbing beyond 15% in 2025, fiscal and trade risks take centre stage. EBC unpacks the key market shifts, ensuring you are prepared for the road ahead.
EBC Markets Briefing | German election soothe investor nerves
By EBC
European stocks hit record highs this month, driven by companies surpassing Q4 revenue expectations, but US tariffs dominate executives' concerns.
EBC Markets Briefing | Nikkei sluggish on fears of Trump
By EBC
Japanese stocks were flat as Japan sought exemption from Trump’s tariffs, before he threatened a 25% levy on car imports.
EBC Markets Briefing | HK stocks’ blistering rally may be stretched
By EBC
In 2024, the Hang Seng Index saw its first annual gain in five years, outperforming major indices, with mainland investors driving the tech market.
EBC Markets Briefing | Oil steadies on Russian supply jitters
By EBC
Oil prices stayed near a one-week high as the market awaited clarity on sanctions amid efforts to end the Ukraine war.
LATAM’s Critical Minerals Boom: 5 Key Shifts Shaping the Future of Global Trade
By EBC
Latin America's critical minerals market is undergoing a major shift as U.S. tariffs and skyrocketing demand for lithium and copper reshape global trade dynamics. EBC breaks down the key trends and investment opportunities.
EBC Markets Briefing | Bullion firms with peace deal in question
By EBC
Gold held firm amid tense Russia-Ukraine talks, with Ukraine's Zelenskiy saying no peace deal could be made without his approval.
Thailand’s 2025 Market Playbook: Inflation Shifts, Policy Moves, and Trading Insights
By EBC
Thailand's economy shows mixed signals with 1.23% inflation, a 2.25% BoT rate, and a strong tourism rebound, while export challenges and U.S.-China trade tensions add uncertainty.
EBC Markets Briefing | Aussie firms ahead of RBA decision
By EBC
The Australian dollar stayed near a two-month high, with hedge funds at risk of losses on bearish positions as most negative news has been priced in.
EBC Financial Group Gears Up for Money Expo Mexico 2025: A Game-changer for Latin American Finance
By EBC
EBC Financial Group is heading to Money Expo Mexico 2025 for the first time. Meet us on 26-27 February at Centro Citibanamex as we explore key market trends and exciting trading prospects.
EBC Markets Briefing | Yen jumps on upbeat GDP report
By EBC
The yen rose Monday on strong Japanese GDP and weak US data, with traders expecting 35 bps of BOJ rate hikes by December.
EBC Markets Briefing | European stocks hit fresh peak on earnings
By EBC
The DAX 40 hit a record high on Thursday, boosted by strong Siemens earnings and optimism over a potential Russia-Ukraine peace deal.
EBC Markets Briefing | Oil prices extend losses on possible peace deal
By EBC
Oil prices fell on hopes a Ukraine-Russia peace deal would end sanctions, with Trump's tariff plan adding to the negative sentiment.
Indonesia’s 2025 Market Shake-Up: What Traders Need to Know Now
By EBC
Indonesia's shifting economy and BRICS alliance open fresh trading opportunities. EBC delivers expert market analysis to help traders navigate these developments with confidence.
EBC Markets Briefing | Chinese stocks see large inflow on AI hopes
By EBC
The A50 index held steady with a 3% yearly loss, as MSCI reduced Chinese stocks in global benchmarks, with India gaining in portfolios.
EBC Markets Briefing | Bullion edges up on new tariff threats
By EBC
Gold held near its record high after Trump proposed 25% tariffs on steel and aluminum, with a potential exemption for Australia.
EBC Markets Briefing | Yen and pound diverge under price pressures
By EBC
A JPMorgan survey shows tariffs and inflation will affect 2025 markets, with the yen boosted by strong inflation and Japan’s positive growth outlook.
EBC Markets Briefing | Euro slumps on Trump’s new tariff idea
By EBC
The dollar strengthened on Monday as Trump's new tariff threats pressured the euro and Australian dollar, with the euro near last week's two-year low.
EBC Markets Briefing | It is time for ASX to justify its valuation
By EBC
The ASX200 neared its record high on Friday, trading at over 18 times future earnings, about 11% higher than its 10-year average valuation.
EBC Markets Briefing | EU plans to hit Big Tech if needed
By EBC
US stocks closed higher on Wednesday, while Treasury yields fell, as mixed economic data offset easing concerns over the global trade war.
BRICS Expansion Reshapes Markets – What Traders Need to Know
By EBC
BRICS is transforming global trade, driving currency fluctuations, commodity shifts, and emerging market growth. Discover how these changes create new opportunities for traders with EBC’s expert insights.
EBC Markets Briefing | China and Europe still investable under US tariffs
By EBC
Trump tariffs may spike yuan volatility, China surplus hits record, euro near parity. Chinese stocks are downgraded but offer record dividends.
EBC Markets Briefing | Yen regains safe-haven appeal
By EBC
The yen hit a seven-week high on Wednesday as delays to tariffs on Canada and Mexico eased concerns about the Fed's ability to cut interest rates.
EBC and #TheRegenerationGeneration: Empowering Communities and Driving Sustainability
By EBC
EBC has joined forces with the Shakti Regeneration Institute to showcase how financial leadership can be a catalyst for meaningful social and environmental impact.
EBC Markets Briefing | Loonie rocked by US-Canada rivalry
By EBC
The Canadian dollar steadied after rebounding from multi-year lows, while the US dollar dropped as Trump paused new tariffs on Mexico for one month.
Navigating Trump’s Market Revolution: Unlocking Untapped Potential in 2025
By EBC
EBC supports traders in adapting to Trump’s evolving policy changes in energy, trade, and fiscal reforms, providing valuable insights into the commodities, forex, and equity markets.
EBC Markets Briefing | Gold slips after Trump imposed tariffs
By EBC
Gold prices fell in early Asian trade as the dollar strengthened following Trump's new tariffs on Canada, Mexico, and China.
EBC Markets Briefing | European equities look for next catalyst
By EBC
European shares rose to a multi-month high, but gains were limited by uncertainty over Trump’s proposed tariff measures after his inauguration.
EBC Markets Briefing | Can Trump unlock new powers?
By EBC
Trump's policies seek to boost oil production for lower prices and security, but shale oil is constrained by low prices and capacity limits.
EBC Markets Briefing | Oil prices down as Trump targets Saudi
By EBC
Oil markets fell on Friday after US President Trump pressured OPEC and Saudi Arabia to lower prices in an effort to boost crude production.
Take Advantage of EBC’s US Stock CFDs for Global Trading Success
By EBC
EBC’s US Stock CFDs make it easier to trade top US companies, giving you the flexibility to optimise your portfolio with cost-effective options.
EBC Markets Briefing | BOJ set for another rate hike this week
By EBC
The yen traded sideways on Thursday after dropping to a 6-month low earlier this month, with authorities hinting at possible intervention.
EBC Markets Briefing | Hedge funds ramp up bets on US stocks
By EBC
Global stocks rose on Wednesday, fueled by new US policies and strong corporate earnings, boosting investor confidence.
EBC Markets Briefing | Breaking news from Washington sends gold higher
By EBC
Gold gained as the dollar weakened amid risk-on sentiment. A Trump official confirmed no immediate tariffs on US trading partners.
EBC Markets Briefing | Aussie dollar at stake in Trump’s inauguration
By EBC
The Australian dollar steadied ahead of Trump's inauguration, as Biden's efforts to constrain China accelerate decoupling.
EBC Markets Briefing | Yen on the front foot this week
By EBC
The yen is set for its strongest week in over a month as BOJ rate hike expectations rise, weakening the dollar ahead of Trump's return.
EBC Markets Briefing | A high-stake year for Chinese stock investors
By EBC
The FTSE A50 Index surged 2%, but remains in negative territory in 2024. China's stock market faces challenges, and retail investors are active.
EBC Markets Briefing | Crude prices buoyed by EIA report
By EBC
Oil prices rose for a second day as US crude stockpiles fell more than expected, adding to supply concerns from new sanctions on Russian energy trade.
EBC Markets Briefing | Sterling eased amid bond turmoil
By EBC
The British pound struggled on Wednesday after ending a five-day decline, with concerns over Britain's fiscal sustainability weighing on the currency.
EBC Markets Briefing | Speculators highly bearish on loonie
By EBC
The Canadian dollar steadied after stronger-than-expected December jobs, with speculators raising bearish bets to historic highs.
EBC Markets Briefing | Wall St tumbles on strong NFP report
By EBC
US stocks dropped Friday, with the S&P 500 wiping out 2025 gains, as a strong jobs report fueled cautious Fed rate cut expectations.
EBC Markets Briefing | Euro parity is back in sight as Trump 2.0 looms
By EBC
The euro remained near a two-year low on Friday, with the market expecting further weakness as Trump’s presidency begins.
EBC Markets Briefing | Oil prices down on US inventory build
By EBC
Oil prices fell on Thursday, extending losses due to large US fuel inventory builds, but concerns over tighter OPEC+ supplies limited the decline.
EBC Markets Briefing | Will euro outperform Swiss franc again in 2025?
By EBC
EUR/CHF gained annually as the EU and Switzerland updated their trade deal. Switzerland's economy is solid but faces deflation and US tariff risks.
EBC Markets Briefing | Aussie dollar fragile after US blacklisted Tencent
By EBC
The Australian dollar barely moved on Wednesday, weakening over 7% against the USD and falling against all G7 peers in the past three months.
EBC Markets Briefing | Nikkei jumps above 40,000 in bright start to 2025
By EBC
The Nikkei 225 rose over 2% on Tuesday. Economists forecast Japan's economy will grow by over 1% in real terms in fiscal 2025.
EBC Markets Briefing | Bullion could gain for a third straight year
By EBC
Gold stayed near a three-week high on Monday, with Chinese dealers raising premiums due to stronger demand ahead of the New Year.
EBC Markets Briefing | Gas prices steady on EU-Russia decoupling
By EBC
Oil prices were on track for a second weekly gain, driven by hopes of increased government support to boost economic growth and fuel demand.
EBC Markets Briefing | Rand weakness resumes to begin 2025
By EBC
The South African rand erased early gains on Thursday, extending December's weakness, but could rally, according to the options market.
EBC Markets Briefing | HK stocks could hit a rough patch in 2025
By EBC
On October 2, HK stocks surged 18% after China announced policy easing in a rare briefing by central bank governor Pan Gongsheng.
EBC Markets Briefing | Turkish lira had another nightmare year
By EBC
The Turkish lira slumped nearly 20% in 2024, while global central banks rushed to defend currencies after the Fed signaled slower rate cuts.
EBC Markets Briefing | Stagflation may lie ahead for sterling
By EBC
Sterling neared a one-month low as UK-US policy gap narrowed, with the Fed’s hawkish tone surprising markets, partly due to Trump’s unpredictability.
EBC Markets Briefing | Powell has not killed the bull market
By EBC
US stocks plunged, with the Dow Jones hitting a record low. Many strategists see potential for further gains, while Tesla's stock hit a new high.
EBC Markets Briefing | Gold licks wounds after Fed turns hawkish
By EBC
Gold rallied over 1% on Thursday in early Asian hours, ahead of a key inflation report, with a 30% gain year-to-date, outpacing US stocks.
EBC Markets Briefing | European stocks see peak negativity
By EBC
Europe's STOXX 50 was flat on Tuesday as negative data shocks eased. Eurozone Q3 GDP growth accelerated from 0.2% to 0.4%, partly due to one-offs.
EBC Markets Briefing | Euro on the back foot on wider spreads
By EBC
The dollar held near recent highs, while the euro stayed at a yearly low. The gap between 10-year Treasury and Bund yields widened by 70 bps.
EBC Markets Briefing | Aussie struggles on less hawkish RBA
By EBC
The Australian dollar stayed near a 13-month low on Monday as new RBA rate-setter appointments sparked concerns over interest rate changes.
EBC Markets Briefing | Euro remains shaky on political uncertainty
By EBC
Sterling fell against the euro but remained at a two-year high. BOE's Megan Green said US tariffs may hurt the eurozone, with unclear impact on the UK.
EBC Markets Briefing | Oil prices little affected by fresh EU sanction
By EBC
Oil prices were steady in early Asian trade as weak demand and higher US inventories outweighed EU sanctions on Russia.
EBC Markets Briefing | Gold bulls gain confidence from Chinese buying
By EBC
Gold prices hit a two-week high, fueled by rising geopolitical tensions, PBOC buying, and expectations of a third Fed rate cut.
China stocks surged on rate cuts and consumption boosts, while global stocks remained cautious ahead
By EBC
China stocks surged on rate cuts and consumption boosts, while global stocks remained cautious ahead of US inflation data.
EBC Markets Briefing | Crude oil slips with focus on demand
By EBC
Oil prices fell in early Asian trading, as weak demand outweighed OPEC+'s supply delay and extended output cuts until 2026.
EBC Markets Briefing | Doldrums in the gold market remain
By EBC
Gold held steady Thursday as US payrolls rose moderately and investors reacted to comments from Fed Chair Jerome Powell.
EBC Markets Briefing | DAX hits a fresh peak but challenges remain
By EBC
The DAX 40 reached a new high on Tuesday, driven by strong performances in technology, financial, and industrial sectors, despite multiple headwinds.
EBC Markets Briefing | Euro dragged lower by political turmoil
By EBC
The dollar rose on Tuesday as political turmoil in France weakened the euro, which was the weakest G10 currency last month.
EBC Markets Briefing | Loonie keeps falling on lacklustre data
By EBC
The Canadian dollar fell after three months of decline, as slowing growth and 2% inflation weakened it against the strong USD.
EBC Markets Briefing | Aussie muted against Kiwi amid tariff threat
By EBC
The RBNZ cut rates for a third time in four months on Wednesday and flagged more substantial easing, including a likely 50-bp reduction in February, as inflation moderated to around the bank's target.
It noted that economic growth is expected to recover during 2025, as lower interest rates encourage investment and other spending. But employment growth is expected to remain weak until mid-2025.
While inflation rate cooling to 2.2% in Q3 gives grounds for New Zealand to cut interest rates, neighbouring Australia is an outlier to the broad easing trend with cuts not expected until the first half of next year.
Australia’s easing cycle will begin later and prove shallower than previously anticipated, ANZ said after the RBA chief Bullock warned that core inflation is still too high to consider interest-rate cuts in the near term.
Consumer prices rose 2.1% in the country last month, hitting a 3-year low, though core inflation picked up in a sign of lingering cost pressure. The data came in lower than market forecasts of 2.3%.
The pair’s rally proved to be short-lived but it still traded above its 50 SMA. We see a revisit of the 1.1090 area as likely if that level is respected.
EBC Capital Market Consulting Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC Trading Platform Security or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.EBC Markets Briefing | Oil prices meander on OPEC’s efforts
By EBC
Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.
EBC Markets Briefing | Wall St rises but carmakers suffer
By EBC
US stocks hit record highs on Tuesday, driven by a tech rebound and investor reactions to Trump’s tariff pledges and the latest Fed minutes.
EBC Markets Briefing | Bullion unchanged after Trump tariff vow
By EBC
Gold prices held steady after Trump’s tariff announcement, dropping over 3% the previous day as Israel neared a ceasefire.
EBC Markets Briefing | Aussie dollar firmed despite China concerns
By EBC
The Australian dollar edged higher Monday as the RBA remained hawkish, noting China's stimulus may have only a "modest" impact on Australia this time.
EBC Markets Briefing | Swiss franc heads for weekly gain in months
By EBC
European tensions lifted safe-haven demand, pushing the Swiss franc up weekly. Gas prices hit a year-high due to lower storage.
EBC Markets Briefing | Oil up as Ukraine ramps up attacks
By EBC
Oil prices rose Thursday after Ukraine fired Storm Shadow missiles at Russia, while Moscow's nuclear threat was largely ignored.
EBC Markets Briefing | Euro weakens against pound on policy divergence
By EBC
Sterling rose against the euro as Bailey said the BOE must carefully assess the impact of higher employer national insurance before rate cuts.
EBC Markets Briefing | Gold market has regained composure
By EBC
Gold extended its rally as the US dollar cooled and Russia-Ukraine tensions boosted safe-haven demand after six days of losses.
EBC Markets Briefing | Yen falls amid capital outflow pressures
By EBC
The yen fell as Japan's central bank hinted at further tightening, but timing remains uncertain, leaving markets unsure of action next month.
EBC Markets Briefing | Euro wobbles near one-year low after Powell’s speech
By EBC
The euro steadied Friday but was set for its worst weekly performance in seven months, hitting a one-year low amid parity fears with the dollar.
EBC Markets Briefing | Oil prices ease as EIA raised output forecast
By EBC
Oil prices fell slightly on Thursday due to higher global production expectations, weak demand growth forecasts, and a stronger dollar.
EBC Markets Briefing | Optimism around gold has faded since US election
By EBC
Gold prices stayed near a two-month low, weighed down by a strong dollar and optimism about economic growth under Trump’s second term.
EBC Markets Briefing | Yen firms on increasing political certainty
By EBC
Despite PM Shigeru Ishiba's coalition losing its majority in last month's election, the yen steadied after his re-election.
EBC Markets Briefing | Sterling drifts higher against euro on policy rate bets
By EBC
Sterling hit a two-year high against the euro on Monday, as investors bet the ECB would ease monetary policy faster than the BOE.
EBC Markets Briefing | Euro plunges with EU gripped by fear of tariffs
By EBC
The dollar held near a four-month high as markets digested Trump's win, with attention shifting to central bank meetings, including the Fed.
EBC Markets Briefing | US stock futures gain on early election results
By EBC
US stock futures and the dollar rose in Asia on Wednesday as early presidential election results showed a tight race, leaving investors uncertain.
EBC Markets Briefing | Oil prices hold onto gains on OPEC+ policy tweak
By EBC
Oil prices dipped slightly on Wednesday ahead of the US election, after rising 2% as OPEC+ delayed production hikes, easing supply concerns.
EBC Markets Briefing | Loonie languishes around 2-year low
By EBC
The Canadian dollar rose from a two-year low on Monday before the US presidential election, boosted by stronger factory activity data on Friday.
EBC Markets Briefing | Yen plunges after ruling coalition loses majority
By EBC
The yen fell to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority, likely slowing rate hikes.
EBC Markets Briefing | Yen is cracking under US election pressure
By EBC
U.S. job strength and Trump’s election gains boosted the dollar, pushing the yen near 150 and fueling intervention expectations.
EBC Markets Briefing | Sterling wobbles with Labour budget around the corner
By EBC
Sterling remained flat Friday ahead of Labour’s budget next week, with UK assets pressured by the party’s stance on potential tax changes.
EBC Markets Briefing | Loonie closer to key support on easing policy
By EBC
The Canadian dollar rebounded from an 11-week low on Thursday after the BOC cut rates significantly, while the greenback extended its gains.
EBC Markets Briefing | Silver keeps pace with gold in the fog of war
By EBC
Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.
EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024
By EBC
A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.
EBC Markets Briefing | US stocks muted as investors await key earnings
By EBC
US stocks retreated from record highs and six straight weekly gains on Monday as Treasury yields rose, with investors wary of high valuations.
EBC Markets Briefing | Euro parity is more likely now
By EBC
The euro steadied after the ECB's second rate cut but saw its third weekly loss vs. the dollar and its worst drop vs. the pound this year.
EBC Markets Briefing | European stocks face lower bar now
By EBC
Analysts have lowered their earnings forecasts for European companies at the fastest rate in seven months, expecting less impact on stock prices.
EBC Markets Briefing | Dow nabs closing record on TSMC’s buoyant report
By EBC
The Dow hit its fourth record close in five sessions on Thursday, boosted by strong retail sales and TSMC's positive forecast.
EBC Markets Briefing | Bullion eyes record high despite dollar comeback
By EBC
Gold reached its peak as Treasury yields fell. LBMA delegates forecast gold at $2,941 and silver at $45 within 12 months.
EBC Markets Briefing | Oil prices catch breath after a freefall
By EBC
Oil rose in early Asian trade Wednesday amid Middle East conflict uncertainty, after a $5 drop earlier this week to the lowest since early October.
EBC Markets Briefing | China stocks whipsaw after soft data
By EBC
China's A50 index was flat Tuesday as disappointing data revealed a decline in September consumer inflation and deeper producer price deflation.
EBC Markets Briefing | Euro barely moves with Oct rate cut priced in
By EBC
The euro was flat on Monday after ECB chief Lagarde hinted at a rate cut this month, following two cuts this year amid economic weakness.
EBC Daily Snapshot Oct 11, 2024
By EBC
The US dollar dipped from a two-month high but is set for a second consecutive weekly gain as weak labor market signals support faster Fed rate cuts.
EBC Markets Briefing | Nikkei 225 recovers from Aug rout
By EBC
The Nikkei 225 index advanced on Friday, regaining most of August's losses, while Chinese stocks lost some of their luster.
EBC Daily Snapshot Oct 8, 2024
By EBC
The dollar held seven-week highs on Tuesday as investors cut rate-cut bets after a strong jobs report, while Middle East tensions weighed on it.
The US hovered near a two-month high on Thursday as markets grew confident in the Fed's patient mone
By EBC
The US hovered near a two-month high on Thursday as markets grew confident in the Fed's patient monetary policy ahead of a key inflation report.
Chinese stocks steadied Thursday after a sell-off
By EBC
Chinese stocks steadied Thursday after a sell-off, with analysts noting future momentum will depend more on fiscal policy than on monetary support.
EBC Daily Snapshot Oct 9, 2024
By EBC
The dollar moved sideways Wednesday, easing pressure on other currencies after last week's rally, while the loonie lingered near a seven-week low.
EBC Markets Briefing | US stocks gain amid Wall St bullish views
By EBC
US stocks rallied on Friday as investor confidence in a soft landing grew. The escalating Middle East conflict may shift funds from Europe to the US.
EBC Markets Briefing | China stock indices diverge after reopening
By EBC
China's A50 lost momentum after the National Day holiday, and the Hang Seng index fell over 10%, signaling trouble for FOMO buyers.
EBC Daily Snapshot Oct 7, 2024
By EBC
The dollar rallied on strong US jobs data and escalating Middle East conflict, while the yen fell to its lowest level in nearly two months.
EBC Markets Briefing | Bullion remains directionless after US jobs report
By EBC
Gold stayed below its September peak as US Treasury yields rose after strong jobs data, with emerging market central banks' purchases at a March low.
EBC Daily Snapshot Sep 27, 2024
By EBC
The dollar wobbled on Friday, heading for a third month of declines as investors assessed Fed policy, while China's stimulus boosted risk currencies.
EBC Markets Briefing | A50 is set for best weekly gains since 2008
By EBC
Hedge funds trading China stocks saw gains this week after China's central bank unveiled its biggest stimulus since the 2020 COVID pandemic, a note from Goldman Sachs prime brokerage showed.
Though hedge fund stock exposure to China this week jumped sharply, it's still hovering near five-year lows compared with higher levels at the start of 2023 and 2020.
It came as a slew of economic data suggested a broken recovery. In August, China's industrial activity, retail sales and urban investment all grew slower than expected.
Iron ore prices rose to more than $100, gold hit another record, and silver hit a 12-year top. Oil was a big loser on a report that Saudi Arabia was preparing to abandon its unofficial price target for market share.
The ASX 200 registered another record high as mining stocks soared. The Nikkei 225 traded near 39,000 on concerns over a tighter policy.
The A50 smashed through major resistance levels, making its way into overbought territory. We expect it to fall back to the 12,300 area before rallying again.
EBC Institute Perspectives Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC International Business Expansion or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.EBC Daily Snapshot Sep 26, 2024
By EBC
The dollar remained steady on Thursday after its biggest rally since early June, as traders awaited key Fed speeches for hints on interest rate cuts.
EBC Markets Briefing | Potential for Libyan production deters oil bulls
By EBC
Oil prices were stable on Thursday as rising US fuel demand and falling stockpiles offset concerns about weak demand, particularly in China.
EBC Daily Snapshot Sep 25, 2024
By EBC
The dollar weakened as China's stimulus lifted risk appetite and expectations grew for a significant US rate cut in November.
EBC Markets Briefing | Australian dollar cheers Chinese massive stimulus
By EBC
On Wednesday, antipodean currencies hit multi-month highs, and the yuan reached a year-long peak, driven by China's aggressive stimulus.
EBC Daily Snapshot Sep 24, 2024
By EBC
The dollar wobbled Tuesday as traders boosted bets on future US interest-rate cuts after the Fed signaled more cuts ahead this year.
EBC Markets Briefing | Labour’s first budget threatens sterling pizazz
By EBC
On Tuesday, the British pound held a two-and-a-half-year high due to a hawkish BOE, but strategists warn the UK budget could impact sentiment.
EBC Daily Snapshot Sep 23, 2024
By EBC
The dollar rose on Monday, up over 2% last week. Investors will examine remarks from Fed officials this week after a major rate cut.
EBC Markets Briefing | Gold prices are going through the roof
By EBC
Gold held steady above $2,600 on Monday, supported by prospects of further US rate cuts and increased global geopolitical uncertainty.
EBC Daily Snapshot Sep 20, 2024
By EBC
The yen rose as the BOJ showed optimism on growth and signaled cautious tightening, while the dollar fell on expectations of more US rate cuts.
EBC Markets Briefing | Oil rally extends on declining inventories
By EBC
Oil prices were steady in early Asian trade on Friday, set to rise for a second week due to a US interest rate cut and declining global stockpiles.
EBC Daily Snapshot Sep 19, 2024
By EBC
The US dollar fell on Thursday after the Fed's larger-than-expected rate cut, which Powell said was to maintain low unemployment.
EBC Markets Briefing | Wall St wobbles following bumper rate cut
By EBC
Asian stocks rose after the Fed's rate cut, while US stocks fell amid volatility. Concerns grow that the cut signals economic trouble.
EBC Daily Snapshot Sep 18, 2024
By EBC
The dollar wavered 18 Sep 2024 after US retail sales unexpectedly rose in August, and the Atlanta Fed raised its GDPNow estimate to 3% from 2.5%.
EBC Markets Briefing | Gold hits all-time high as Fed rate-cut hopes bolster appeal
By EBC
Gold prices jumped 1.5% to a record high, fueled by expectations of a Fed rate cut after U.S. data signaled an economic slowdown.
EBC Markets Briefing | Bullion risks pullback on a small rate hike
By EBC
Gold stayed close to last week's record high, up 25% this year and breaking multiple records as a top-performing commodity.
EBC Markets Briefing | Japan stocks jump 3% as yen slips
By EBC
Asian stocks rose on Thursday, following Wall Street's tech rally. Japan's Nikkei 225 surged 3%, while Chinese markets continued to struggle.
EBC Daily Snapshot Sep 12, 2024
By EBC
On Thursday, the dollar hit a four-week high against the euro as persistent inflation suggested the Fed might avoid a large rate cut next week.
EBC Daily Snapshot Sep 11, 2024
By EBC
On Wednesday, the yen surged to its highest level this year against the dollar after Harris and Trump debated ahead of the November election.
EBC Markets Briefing | Tropical storm offers loonie a respite
By EBC
The Canadian dollar rose from a 3-week low as oil steadied, and the BOC cited challenges in hitting its 2% inflation target.
EBC Markets Briefing | Yen slips amid hopes for continued rally
By EBC
On Tuesday, the yen fell from a three-week high as carry trades unwound aggressively. Strategists warn the unwinding might not be over yet.
EBC Daily Snapshot Sep 10, 2024
By EBC
The dollar held steady early Tuesday, with the euro little changed. A weaker jobs report boosts expectations for a 50 bps Fed cut this month.
EBC Daily Snapshot Aug 27, 2024
By EBC
The euro and pound rose on Tuesday, boosted by a pause in oil price gains, approaching their recent multi-month highs against the dollar.
EBC Markets Briefing | US stocks firm after a nightmare week
By EBC
US stocks rebounded Monday following the S&P 500's worst week of 2023, with investors focusing on inflation and its influence on potential rate cuts.
EBC Daily Snapshot Sep 9, 2024
By EBC
The dollar stayed in tight ranges Monday as investors awaited US inflation data for clues on the Fed's expected rate cut later this month.
EBC Markets Briefing | Asian stocks tumbled on slowdown fear
By EBC
Asian stocks fell to a three-week low on Monday, led by Japan, after US jobs data suggested the Fed may have delayed cutting interest rates too long.
EBC Daily Snapshot Sep 6, 2024
By EBC
On Friday, the US dollar fell to a one-week low as mixed job market signals emerged before key payroll data likely to influence Fed policy.
EBC Markets Briefing | OPEC+ helps oil prices steady at 14-month low
By EBC
Oil prices rose slightly on Friday, as investors balanced a large US crude inventory draw and OPEC+ production delays with mixed US employment data.
EBC Markets Briefing | Wall St recommend long gold unanimously
By EBC
Bullion steadied Thursday below $2500 after a market sell-off. It is expected to remain near this level until the NFP report is released.
EBC Daily Snapshot Sep 4, 2024
By EBC
Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.
EBC Markets Briefing | Tech sell-off drags global shares lower
By EBC
Global stock futures and Treasury yields fell on Wednesday as a tech selloff raised concerns about the U.S. economic outlook.
EBC Markets Briefing | Tide May Be Turning Across Europe
By EBC
The UK government stated it has "no plans" to rejoin Erasmus+, surprising many as the new PM focuses on resetting relations with the EU.
EBC Daily Snapshot Sep 3, 2024
By EBC
The dollar fell over 2% in August, its biggest drop this year, offering some relief to economies strained by earlier dollar strength.
EBC Markets Briefing | Swiss franc carry trades could blow up
By EBC
The Swiss franc eased Tuesday, but as investors use it over the yen for carry trades, the risk of a rapid rally remains a constant concern.
EBC Daily Snapshot Sep 2, 2024
By EBC
The dollar rose to a two-week high against the euro as traders reduced Fed easing bets, focusing on this week's key US jobs report.
EBC Markets Briefing | DAX 40 hits record high with worrying outlook
By EBC
Germany’s DAX Index set a new record last session, rebounding from August’s selloff on renewed optimism about interest rates.
EBC Daily Snapshot Aug 30, 2024
By EBC
The dollar neared a one-week high on Friday, set to end a five-week slide, as strong economic data reduced bets on aggressive Fed rate cuts.
EBC Markets Briefing | Sterling rally looks shaky amid excess speculative bets
By EBC
Sterling remained at a 2-year high Friday, with analysts warning that speculative rate bets driving the rise could quickly reverse.
EBC Daily Snapshot Aug 29, 2024
By EBC
The dollar steadied on Thursday, recouping some losses. Markets fully expect a 25-bp Fed rate cut next month, with a 34.5% chance of a 50-bp cut.
EBC Markets Briefing | Oil in the doldrums despite Libya’s lower output
By EBC
Oil prices stayed steady Thursday as a smaller US crude draw and worries over China demand balanced out Libyan supply disruptions.
EBC Daily Snapshot Aug 28, 2024
By EBC
On Wednesday, the US dollar stayed near its lowest level in over a year, with forex market activity muted as traders awaited updates on the economy.
EBC Markets Briefing | Dow smashes all-time high before Nvidia report
By EBC
The S&P 500 rose on Tuesday, while the Dow Jones hit a record high. Both await Nvidia's quarterly report and upcoming economic data later this week.
EBC Daily Snapshot Aug 26, 2024
By EBC
The dollar fell Monday after Fed Chair Powell warned of rising labor market risks, easing price pressures without major job losses.
EBC Markets Briefing | Bullion meanders after Powell’s dovish remarks
By EBC
Gold hovered near last week's peak, driven by fund inflows and rate-cut hopes after Powell's dovish Jackson Hole speech.
EBC Markets Briefing | Australian Stocks Could Cool Soon
By EBC
The ASX 200 rose 5.8% this year, underperforming major markets as China’s weak demand for raw materials impacts a key revenue source for Australia.
EBC Daily Snapshot Aug 23, 2024
By EBC
The dollar dipped slightly on Friday as markets await Powell's speech at the Jackson Hole event, hoping for clues on the Fed's near-term rate cuts.
EBC Markets Briefing | Falling inventories offer oil market a reprieve
By EBC
Oil prices remained steady but are expected to drop this week due to weaker US employment data and reduced supply concerns from Gaza ceasefire talks.
EBC Daily Snapshot Aug 22, 2024
By EBC
The dollar hovered near one-year lows as Fed minutes signaled upcoming rate cuts. Many officials noted that US payroll gains might be overstated.
EBC Markets Briefing | US equities pause amid rotation trend
By EBC
US shares stalled Wednesday after a rebound neared record highs. They've been volatile this month after a surprisingly weak NFP report.
EBC Daily Snapshot Aug 21, 2024
By EBC
The dollar hit a yearly low against the euro, with traders eyeing US payroll revisions. US bond yields fell to their lowest since early August.
EBC Markets Briefing | Japan stocks head south but optimism remains
By EBC
Japan's market fell below 38,000 as risk sentiment ebbed. Foreign investors sold futures but bought cash equities, showing sustained confidence.
EBC Daily Snapshot Aug 20, 2024
By EBC
The dollar wobbled near a seven-month low on bets the Fed will cut rates next month, with traders awaiting Chair Powell's comments on Friday.
EBC Markets Briefing | Norwegian krone’s freefall assails government
By EBC
The Norwegian krone, one of the worst-performing top 10 currencies this year, hit record lows against the US dollar and euro on Tuesday.
EBC Daily Snapshot Aug 19, 2024
By EBC
On Monday, the US dollar struggled in a tight range as investors awaited new clues on interest rate outlooks for the week.
EBC Markets Briefing | Bullion within a whisker of a fresh all-time high
By EBC
Gold retreated from its $2,500 high on Monday but remained strong, bolstered by hopes of a Fed rate cut at the next meeting.
EBC Daily Snapshot Aug 16, 2024
By EBC
The dollar eased slightly, ending its biggest rally since July 18, as stronger-than-expected retail sales eased recession fears.
EBC Markets Briefing | Euro sits near yearly high with dollar under strain
By EBC
The euro held steady on Friday, near its highest this year. The Fed is expected to ease aggressively, possibly with a half-point cut in September.
EBC Daily Snapshot Augl 15, 2024
By EBC
Consumer prices fell below 3% for the first time since 2021, causing the dollar to weaken. The pound rose with 0.6% UK Q2 GDP growth.
EBC Markets Briefing | Oil prices rise but demand concerns linger
By EBC
Oil prices rose on Thursday, recovering some losses amid hopes for Fed rate cuts, though concerns over slow global demand capped gains.
EBC Daily Snapshot Augl 14, 2024
By EBC
The dollar lagged on Wednesday as US producer prices slowed and service costs fell the most in nearly 1.5 years, signaling easing price pressures.
EBC Markets Briefing | Wall St touches near two-week high
By EBC
US indexes closed higher Tuesday, hitting a near two-week high after softer producer price data boosted expectations of a Fed rate cut in September.
EBC Daily Snapshot Augl 13, 2024
By EBC
The dollar was flat on Tuesday. Traders expect 100 bps of Fed cuts by year-end, per CME Group's FedWatch, after the Sahm rule is triggered.
EBC Markets Briefing | Mounting geopolitical tensions support gold
By EBC
Gold retreated from early August highs on Tuesday, but inflows may keep it strong ahead of US inflation data. Recent volatility has shocked markets.
EBC Markets Briefing | Crude prices rise for a third straight day
By EBC
Oil prices increased for the third consecutive day after US crude stockpiles dropped significantly, rebounding from multi-month lows.
EBC Daily Snapshot Augl 12, 2024
By EBC
The yen weakened slightly on Monday in thin trading due to a Japanese holiday as markets remain uncertain about a significant Fed rate cut next month.
EBC Markets Briefing | Loonie digests strong gains on domestic job losses
By EBC
On Monday, the Loonie held steady as economists deemed the US jobs data reaction overblown, influenced by immigration and Hurricane Beryl.
EBC Daily Snapshot Augl 9, 2024
By EBC
The dollar hovered near a one-week high Friday after US jobless claims fell to a year-low. The Australian dollar neared its late-July peak.
EBC Markets Briefing | Gold steadied above 2,400 on hedging demand
By EBC
Gold prices fell on Friday after a 1% rise, driven by safe-haven demand and expectations of a significant Fed rate cut in September.
EBC Daily Snapshot Augl 8, 2024
By EBC
The dollar weakened Thursday as carry trades faded. JPMorgan CEO Jamie Dimon believes the odds of a "soft landing" for the US economy are 35–40%.
EBC Daily Snapshot Augl 7, 2024
By EBC
A BOJ official downplayed a near-term rate hike on Wednesday, adding to a week already marked by fears about the US recession.
EBC Markets Briefing | Fast money fails to pull lira out of a death spiral
By EBC
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
EBC Daily Snapshot Augl 6, 2024
By EBC
The US dollar was nursing steep losses on Tuesday as the ISM service PMI rebounded from a four-year low in July amid an increase in new orders.
EBC Markets Briefing | Yen rally halts when stocks make a spectacular comeback
By EBC
Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.
EBC Daily Snapshot Augl 5, 2024
By EBC
The dollar fell on Monday after a poor jobs report. Fed fund futures show a 99% chance of a 50 bps rate cut at the September meeting, per LSEG data.
EBC Markets Briefing | Japanese stocks suffer worst day since 1987
By EBC
Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.
EBC Markets Briefing | AI reckoning may have begun
By EBC
The Nasdaq 100 entered correction territory on Friday, losing over $2 trillion in value in three weeks as traders unwound long-profitable bets.
Sterling stumbled to a fresh one-month low on Friday
By EBC
Sterling fell to a one-month low after a 1% drop as the BOE began cutting rates. The euro stayed near a one-month low despite sticky inflation.
EBC Daily Snapshot Augl 2, 2024
By EBC
Sterling fell to a one-month low after a 1% drop as the BOE began cutting rates. The euro stayed near a one-month low despite sticky inflation.
Global equities dropped on Thursday, with Wall Street's major indexes selling off as US data sparked
By EBC
Global equities fell Thursday as US data fueled economic worries, causing sell-offs on Wall Street and a major rout in European financial stocks.
The yen reached its highest level since mid-March
By EBC
The US dollar fell Thursday as the Fed hinted at a September rate cut. Powell said a pivot is possible if disinflation continues as expected.
EBC Daily Snapshot Augl 1, 2024
By EBC
The US dollar fell Thursday as the Fed hinted at a September rate cut. Powell said a pivot is possible if disinflation continues as expected.
EBC Markets Briefing | Israel retaliation sets oil prices on fire
By EBC
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
EBC Markets Briefing | The wealth may give bullion a boost in H2
By EBC
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
EBC Daily Snapshot Jul 30, 2024
By EBC
The dollar stayed range-bound Tuesday. Traders expect the Fed to hold steady, start easing in September, and cut rates by 65 bps this year.
EBC Markets Briefing | Hedge funds now turn more bullish on Europe
By EBC
European shares dipped Monday as investors were cautious at the start of earnings week, with the upcoming Fed meeting adding to uncertainty.
EBC Daily Snapshot Jul 29, 2024
By EBC
The dollar inched up on Monday as traders awaited the Fed’s policy decision. The Fed is expected to maintain a wait-and-see stance before September.
EBC Markets Briefing | Undervalued Norway’s krone poised for a rebound
By EBC
Norway’s krone hit a year-low on Monday. Despite delayed policy easing compared to peers, it’s the worst-performing G10 currency this year.
EBC Daily Snapshot Jul 26, 2024
By EBC
Following strong economic news, the dollar was steady on Friday. US GDP grew at a 2.8% annual rate last quarter, beating expectations.
EBC Markets Briefing | Euro rally against sterling defies macro shift
By EBC
The euro hovered around a two-week high against the pound on Friday, despite data showing the UK's recovery is outpacing the eurozone's.
EBC Daily Snapshot Jul 25, 2024
By EBC
The yen reached a 2.5-month high on Thursday, with the dollar, euro, and sterling falling over 1% ahead of next week's BOJ meeting.
EBC Markets Briefing | Nasdaq100 saw its worst day since 2022
By EBC
Stocks fell globally on Wednesday on disappointing Tesla and European luxury earnings, while oil prices struggled amid weak demand concerns.
EBC Markets Briefing | Oil prices rebound as wildfires rage in Canada
By EBC
Oil prices surged on Wednesday after dropping 2% to a six-week low due to hopes for a Gaza ceasefire and concerns about China's demand.
EBC Daily Snapshot Jul 24, 2024
By EBC
The US dollar rose on Wednesday as traders awaited inflation data. June home sales fell more than expected, and median prices hit a record high.
EBC Daily Snapshot Jul 23, 2024
By EBC
The dollar dipped Tuesday as the Trump trade unwound, easing Treasury yields. Harris secured enough delegates for the Democratic nomination.
EBC Markets Briefing | Japan stocks hit by tech woes and sliding yen
By EBC
Asian stocks bounced from one-month lows as Taiwan ended a five-day losing streak, led by semiconductor shares following Wall Street's recovery.
EBC Daily Snapshot Jul 22, 2024
By EBC
The dollar eased on Monday as investors focused on Biden ending his re-election bid. With June exports rising for the seventh month, the yen gained.
EBC Markets Briefing | Gold steadies above 2,400 after profit-taking
By EBC
Gold prices steadied above $2,400 on Monday after falling over 2% in the last session due to profit-taking following its rise to an all-time high.
EBC Daily Snapshot Jul 19, 2024
By EBC
The dollar steadied on Friday, poised to end a two-week decline, as US data fueled speculation on the timing and scale of Fed rate cuts.
EBC Markets Briefing | Oil prices hesitate on mixed signals
By EBC
Oil prices fell on Friday, heading for a second weekly decline as mixed economic signals and a stronger dollar dampened investor sentiment.
EBC Daily Snapshot Jul 18, 2024
By EBC
The dollar firmed on Thursday after hitting a four-month low, as growing expectations of Fed rate cuts weighed on the greenback and Treasury yields.
EBC Daily Snapshot Jul 17, 2024
By EBC
On Wednesday, the dollar weakened despite a brief lift from strong retail sales. Traders' attention shifted to potential September rate cuts.
EBC Markets Briefing | Dow outperforms on strong bank stocks
By EBC
The S&P 500 and Nasdaq 100 tumbled Wednesday due to tech sector rotation. The Dow gained modestly, marking its third straight record-closing high.
EBC Markets Briefing | Gold at record highs with probable three Fed rate cuts
By EBC
Gold hit a record high, and bonds rallied as traders bet on the Fed cutting rates three times this year, backed by Goldman Sachs.
EBC Daily Snapshot Jul 16, 2024
By EBC
The dollar rose from five-week lows on Tuesday as investors weighed rate-cut prospects after Fed Chair Powell's comments and Trump's re-election odds.
EBC Markets Briefing | BOC business survey puts loonie on back foot
By EBC
The Canadian dollar hit a 12-day low on Tuesday after a BOC survey indicated declining inflation, increasing expectations for a rate cut this month.
EBC Daily Snapshot Jul 15, 2024
By EBC
On Monday, the dollar rose broadly as traders anticipated a Trump election victory following an attempted assassination of the former president.
EBC Markets Briefing | Gold stays above 2,400 after Trump shooting
By EBC
Gold steadied above $2,400 on Monday as cooling inflation and a drop in US consumer prices raised hopes for a Fed rate cut in September.
EBC Daily Snapshot Jul 12, 2024
By EBC
The yen softened after Friday's volatile start, with an earlier sharp surge sparking speculation that Tokyo intervened to lift it from 38-year lows.
EBC Markets Briefing | Crude prices edge up on balanced market
By EBC
Oil prices rose early Friday in Asia due to strong summer demand and easing US inflation, boosting investor confidence.
EBC Daily Snapshot Jul 11, 2024
By EBC
On Thursday, the dollar dropped as Fed Chair Jerome Powell suggested a nearing interest rate cut, contingent on further inflation declines.
EBC Markets Briefing | More short-selling curbs send Chinese stocks higher
By EBC
The FTSE China A50 and Hang Seng Index rebounded sharply Thursday but still lag other major stock markets that hit record highs this year.
EBC Daily Snapshot Jul 10, 2024
By EBC
The dollar rose Wednesday after Fed Chair Powell said a rate cut won't happen until the Fed is confident inflation is heading to the 2% target.
EBC Markets Briefing | Bulls yet to have tired legs as tech stocks advance
By EBC
Global equities fell Tuesday, Treasury yields rose on Powell's cautious tone, while the S&P 500 and Nasdaq 100 continued their record highs.
EBC Daily Snapshot Jul 9, 2024
By EBC
US dollar near multi-week low; 76% odds of a September rate cut per CME Group's FedWatch Tool ahead of Powell's testimony.
EBC Markets Briefing | Gold prices wobble as Asia purchase stalls
By EBC
Gold steadied on Tuesday after a 1% decline due to a stock market rally and investor profit-taking. Asian buying enthusiasm also cooled down.
EBC Daily Snapshot Jul 8, 2024
By EBC
The dollar steadied after a 1% loss last week. CME's FedWatch Tool shows 76% odds of a rate cut at the Fed's September meeting.
EBC Markets Briefing | French stocks eye relief rally after leftists’ victory
By EBC
European shares fell on Friday due to losses in banks and energy stocks ahead of France's second round of parliamentary elections.
EBC Daily Snapshot Jul 5, 2024
By EBC
On Friday, the US dollar neared three-week lows ahead of payrolls, while the pound held strong with Labour poised for a UK election landslide.
EBC Markets Briefing | Australian dollar hits six-month high due to iron ore rally
By EBC
The Australian dollar hit a 6-month high on Friday on the US slowdown and iron ore price rise, driven by China steel demand bets.
EBC Daily Snapshot Jul 4, 2024
By EBC
Thursday saw the dollar weaken after ADP reported fewer job gains in June, aligning with increased initial unemployment claims last week.
EBC Markets Briefing | Gold hit near two-week high on US slowing
By EBC
Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.
EBC Daily Snapshot Jul 3, 2024
By EBC
On Wednesday, the dollar weakened as Fed Chair Jerome Powell's dovish remarks, despite a strong jobs report, pushed Treasury yields down.
EBC Markets Briefing | Bullion torn between China buying and US rates
By EBC
Gold prices fell Thursday after an encouraging inflation report and the Fed reducing its rate cut expectations for this year from three to one.
EBC Markets Briefing | Nikkei perches above 40,000 despite weaker yen
By EBC
Asia-Pacific markets rose as Fed Chair Powell noted progress on inflation. Nikkei 225 surpassed 40,000 for the first time since March.
EBC Daily Snapshot Jul 2, 2024
By EBC
The dollar rose with Treasury yields, driven by expectations of Donald Trump winning the presidency and starting another trade war.
EBC Markets Briefing | Oil steadies around 2-month high on travel hopes
By EBC
Oil prices remained steady on Tuesday, near two-month highs, due to expected rising fuel demand from the travel season.
EBC Daily Snapshot Jul 1, 2024
By EBC
The euro jumped Monday after the French far right's election win fell short, leaving the final result dependent on party deals.
EBC Markets Briefing | Tech boom is uncertain through the rest of 2024
By EBC
Megacaps' unstoppable rise, central bank pivots, political turmoil, and M&A resurgence made the first half of 2024 a whirlwind in world markets.
EBC Daily Snapshot Jun 26, 2024
By EBC
On Wednesday, the dollar edged up as Fed officials signaled no rush for rate cuts. The Aussie dollar rose on inflation hitting a six-month high.
EBC Daily Snapshot Jun 28, 2024
By EBC
On Friday, the dollar aimed for a second quarterly gain, while Sterling's movement hinged on the upcoming UK general election.
EBC Markets Briefing | Central banks throw weight behind gold rally
By EBC
Gold prices pared gains Friday after rising over 1% previously, with a focus on key US inflation data for Fed policy clues.
EBC Daily Snapshot Jun 27, 2024
By EBC
The dollar trimmed gains from the previous session as Treasury yields slightly eased. US new home sales fell last month due to high mortgage rates.
The yen hovered near a 38-year low below 160 per dollar.
By EBC
The yen hovered near a 38-year low below 160 per dollar. Finance Minister Shunichi Suzuki said authorities would take the necessary actions.
EBC Markets Briefing | Investors bet on continued rally in US gas
By EBC
Oil prices fell early on Wednesday in Asia due to unexpected US stockpile jumps, which raised concerns about weaker demand trends.
EBC Daily Snapshot Jun 25, 2024
By EBC
The dollar dipped on political concerns. The Canadian dollar rose to multi-week highs after the BOC predicted growth amid easing inflation.
EBC Markets Briefing | Nikkei reclaims 39,000 despite hopeless yen
By EBC
The yen hit a 34-year low of 160 per dollar on Tuesday, subduing Asian shares. Japan’s Nikkei 225 reached 39,000, its highest since June 11.
EBC Daily Snapshot Jun 24, 2024
By EBC
The dollar was steady on Monday. Markets see a 58% chance of a September rate cut and expect two cuts this year, per LSEG's FedWatch data.
EBC Markets Briefing | Tech fatigue and market complacency worry investors
By EBC
The S&P 500 and Nasdaq 100 closed slightly lower Friday, with Nvidia shares declining for a second day, showing signs of big tech exhaustion.
EBC Daily Snapshot Jun 21, 2024
By EBC
The dollar rose to an eight-week high above 159 yen on Friday as the Fed's patient rate-cut stance contrasted with more dovish global positions.
EBC Markets Briefing | Sterling extends rally against Swiss franc after policy decisions
By EBC
Sterling aimed for a third gain against the Swiss franc on Friday due to BOE and SNB policy divergence, but a sour market mood capped it.
EBC Daily Snapshot Jun 20, 2024
By EBC
The dollar rose as Fed Governor Adriana Kugler sees policy as "sufficiently restrictive" to control inflation without major job market harm.
EBC Markets Briefing | Oil prices pull back as China data disappoint
By EBC
Oil prices dipped Wednesday from seven-week highs as demand optimism and conflict concerns offset a rise in US crude inventories.
EBC Daily Snapshot Jun 19, 2024
By EBC
The dollar rose on weak retail sales data, hinting at Fed rate cuts; sterling climbed as UK inflation hit 2% for the first time in nearly 3 years.
EBC Markets Briefing | Euro may fall further against Swiss franc amid fear
By EBC
On Wednesday, EU political turmoil pushed the euro near mid-February lows against the Swiss franc, boosting safe-haven appeal.
EBC Daily Snapshot Jun 18, 2024
By EBC
The dollar rose Tuesday as Philadelphia Fed President Harker predicted one rate cut this year but may adjust based on future data.
EBC Markets Briefing | AI rally goes on and on even without rate cuts
By EBC
The S&P 500 and Nasdaq 100 hit record highs as tech shares surged on AI enthusiasm, with less concern over Fed rate cuts this year.
EBC Daily Snapshot Jun 17, 2024
By EBC
The dollar stayed firm Monday as investors awaited US economic signals. The euro hovered near a one-month low amid Europe's political turmoil.
EBC Markets Briefing | Gold prices drop with lingering political uncertainty
By EBC
Gold prices fell Monday as Treasury yields rose. Despite high prices, Asian retail buyers remain keen to purchase more of the precious metal.
EBC Daily Snapshot Jun 14, 2024
By EBC
The yen hit a 1-month low Friday as the BOJ held rates and announced future bond buying cuts, contrary to market expectations for this month.
EBC Markets Briefing | Oil prices on track for weekly gain heading into summer
By EBC
Oil prices fell Friday but aimed for their first weekly gain in four weeks, balancing high US interest rates against strong demand outlooks.
EBC Daily Snapshot Jun 13, 2024
By EBC
Major currencies held gains as a weaker dollar followed softer-than-expected US inflation. Markets still expect two 25 bps cuts this year.
EBC Daily Snapshot Jun 12, 2024
By EBC
The dollar steadied on Wednesday after a four-week high. Markets see a 56% chance of a September rate cut, per the CME FedWatch tool.
EBC Markets Briefing | US stocks notch records before Fed decision
By EBC
Nasdaq 100 and S&P 500 hit all-time highs Tuesday. Investors expect no Fed rate change, but the FOMC will release its economic projections.
EBC Daily Snapshot Jun 11, 2024
By EBC
Tuesday saw the dollar near a one-month high versus the euro and a one-week peak against the yen, backed by strong job figures last week.
EBC Markets Briefing | A perfect storm lurks in Europe after far-right gains
By EBC
The pound dipped against the euro as Macron's snap election call followed a far-right victory, causing the common currency to tumble.
EBC Daily Snapshot Jun 7, 2024
By EBC
The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.
EBC Markets Briefing | US equities look ahead to golden July
By EBC
S&P 500 and Nasdaq closed slightly down Thursday, anticipating a crucial labor market report, pulling back from prior session highs.
EBC Daily Snapshot Jun 6, 2024
By EBC
On Thursday, the dollar weakened as markets bet on a Fed easing cycle this year. Nearly 50 bps rate cuts are anticipated, starting in September.
EBC Markets Briefing | Loonie on the defensive after BOC rate cut
By EBC
Canadian stocks and bonds surged as the BOC, first among the G7 central banks, slashed rates, pushing the loonie to a two-week low.
EBC Daily Snapshot Jun 5, 2024
By EBC
The dollar strengthened before central bank meetings, according to economic data. Safe havens weakened as investors chased higher yields.
EBC Markets Briefing | Japan’s Nikkei stutters on subdued capex
By EBC
Nikkei 225 fell on Wednesday amid an ongoing poor performance. Speculation rises on the BOJ considering the interest rate hike to bolster the yen.
EBC Daily Snapshot Jun 4, 2024
By EBC
The dollar hit a low against the euro and sterling on Tuesday as softening US economy signals raised chances of earlier Fed rate cuts.
EBC Markets Briefing | Fund managers buy the dip in gas rather than oil
By EBC
Oil prices eased Tuesday, extending 4-month lows as investors fear supply increases later in the year. Losses continue from the previous session.
EBC Daily Snapshot Jun 3, 2024
By EBC
The dollar is steady as traders bet on stable US inflation for a potential Fed rate cut; the Aussie trims gains from Asian factory growth.
EBC Markets Briefing | Loonie gains in the face of headwinds
By EBC
The Canadian dollar rose Monday as falling Treasury yields offset expectations of a BOC rate cut next week due to weak GDP data.
EBC Daily Snapshot May 31, 2024
By EBC
The dollar steadied Friday after a Q1 US GDP revision hinted at Fed rate cuts. The yen stayed above its four-week low on stable price growth.
EBC Markets Briefing | OPEC+ meeting could jolt oil markets out of torpor
By EBC
Oil prices fell Friday as Fed officials said rate cuts were premature, and a surprise build in US gasoline stocks added pressure.
EBC Daily Snapshot May 30, 2024
By EBC
On Thursday, the dollar surged to a two-week high due to strong economic data and weak Treasury auctions, signaling market ripples.
EBC Markets Briefing | Gold and silver buoyant despite recent retreat
By EBC
Gold and silver prices fell Thursday amid inflation concerns. Despite recent declines, analysts foresee their strengthening in the coming year.
EBC Daily Snapshot May 29, 2024
By EBC
Wednesday saw the dollar rise as the Fed might delay rate cuts. The Aussie dollar stayed flat after strong inflation data.
EBC Markets Briefing | UK stock market at high stake on Wednesday
By EBC
The FTSE 100 tumbled Tuesday as bids for two major companies neared a deadline. Foreign investors are snapping up discounted stocks.
EBC Daily Snapshot May 28, 2024
By EBC
Tuesday saw the dollar weaken slightly amid a rising risk appetite, holding steady in Asia with minimal currency movement.
EBC Markets Briefing | Investors increasingly bullish on US equities before holiday
By EBC
Asian stocks are flat Tuesday, awaiting global inflation data. Wall Street closed for Memorial Day. Investors are buying on cooling inflation signs.
EBC Daily Snapshot May 27, 2024
By EBC
The dollar started steady on Monday, with markets eyeing inflation data. Bullish sentiment fades as the US economy cools.
EBC Markets Briefing | Japan renews push to support yen along with G7
By EBC
Yen up Monday, but no convincing rebound. Traders were puzzled by the 11% yearly loss, despite expected policy convergence.
EBC Daily Snapshot May 24, 2024
By EBC
Friday saw the dollar's largest weekly rise in six weeks, driven by strong US economic data and stirring interest rate concerns.
EBC Markets Briefing | Russia supply and US stock plague oil markets
By EBC
Friday's oil prices held steady as investors digested the Fed's rate comments amidst inflation concerns, supported by seasonal fuel demand.
EBC Daily Snapshot May 23, 2024
By EBC
Thursday saw the dollar near a one-week peak after its strongest day this month, spurred by Fed minutes hinting at potential rate hikes ahead.
EBC Markets Briefing | UK election called for July lifts sterling
By EBC
Sterling rose as PM Rishi Sunak announced a parliamentary election on July 4, reducing political uncertainty, according to analysts.
EBC Markets Briefing | Japan’s two-speed economy holds back policymakers
By EBC
Japanese Finance Minister Suzuki is concerned that the yen's depreciation will boost inflation and harm consumption and corporate profits.
EBC Markets Briefing | Risk appetite shores up global stock markets
By EBC
Investors' risk appetite remained strong, potentially leading to further Asian gains. Japan's Nikkei surpassed 39,000 for the first time in a month.
EBC Daily Snapshot May 22, 2024
By EBC
With little economic data this week, major currencies stayed stable on Wednesday, but the pound rose on hotter-than-expected UK inflation data.
EBC Markets Briefing | Bullion moves sideways on China shrinking import
By EBC
Gold prices held steady on Wednesday. China’s bullion imports slowed as demand weakened in the face of record prices.
EBC Daily Snapshot May 21, 2024
By EBC
The dollar hesitated as the Aussie fell; China's capital outflows surged in April, with local firms buying the most foreign exchange since April 2016.
EBC Daily Snapshot May 20, 2024
By EBC
Investors await clues on US interest rates as the dollar holds steady. Fed officials are cautious despite weak inflation signals.
EBC Markets Briefing | Silver prices shoot up as a dual asset
By EBC
Gold and silver prices surged on Monday, following last week's trend. Strategists predict they could hit new record highs in the coming months.
EBC Daily Snapshot May 17, 2024
By EBC
The dollar weakened versus the euro this week on signs of lower inflation and a softer US economy, raising Fed rate-cut expectations.
EBC Markets Briefing | Crude prices set for weekly gain after stock draw
By EBC
Asian oil prices surged Friday as global benchmark Brent eyed its first weekly gain in three weeks, driven by rising demand and a weaker US dollar.
EBC Daily Snapshot May 16, 2024
By EBC
US core inflation at a 3-year low sends the dollar plummeting; the Australian dollar also drops on a weak jobs report from a 4-month peak.
EBC Markets Briefing | European and US stocks zoom to record highs
By EBC
On Wednesday, Wall Street's key indexes hit records. S&P 500 and Nasdaq 100 rose over 1%, led by tech stocks posting a good CPI report.
EBC Daily Snapshot May 15, 2024
By EBC
The dollar hit a 1-month low vs. the euro before the US inflation report. Q1's high consumer prices spur a Fed rate cut reassessment.
EBC Daily Snapshot May 14, 2024
By EBC
Tuesday: dollar stable, yen near a 2-week low. Japan's April PPI was unchanged from March, lifted by higher crude oil prices.
EBC Markets Briefing | Gold prices resume upside on robust demand
By EBC
Gold prices stabilized Wednesday after rebounding on a retreat in the dollar and Treasury yields following a US producer price surge in April.
EBC Markets Briefing | Global investors begin to shun Japan amid yen rout
By EBC
Asian shares hovered around 15-month highs on Tuesday. Japan's Nikkei was flat as the10-year JGB yield edged closer to 1%.
EBC Markets Briefing | Weak oil prices weigh on loonie rally
By EBC
The Canadian dollar slipped Monday after a modest weekly gain. Strong Canadian job data and weak US numbers boosted the loonie.
EBC Daily Snapshot May 13, 2024
By EBC
The dollar steadied on Monday with softer US payrolls, easing inflation fears. Markets anticipate 61.2% odds of Fed rate cuts in September.
EBC Daily Snapshot May 10, 2024
By EBC
In early Asian trading, the dollar weakened on data indicating a cooling labor market. The pound rebounded from its lowest point since April 24.
EBC Markets Briefing | Chinese stocks continues to rise despite scepticism
By EBC
China A50 was flat Friday, aiming for a fourth straight weekly gain. It hit a high since mid-September this week, after underperforming last year.
EBC Daily Snapshot May 9, 2024
By EBC
The dollar stayed stable ahead of next week's inflation data. The Swiss franc was strong at 0.9085, reflecting a labor market recovery.
EBC Daily Snapshot May 8, 2024
By EBC
The dollar rose slightly on Wednesday after earlier Fed rate cut bets. The yen traded near 155 per dollar as traders anticipated market swings.
EBC Markets Briefing | Swedish krona remains besieged on dovish rate-setters
By EBC
The Swedish Krona fell for the third straight day after Riksbank cut its key interest rate. More cuts may follow if price pressures stay mild.
EBC Markets Briefing | Sterling falls as traders ramp up cut bets
By EBC
Sterling declined Wednesday as the BOE is likely to keep rates steady and signal confidence in inflation trends at Thursday's meeting.
EBC Daily Snapshot May 7, 2024
By EBC
The US dollar rose slightly Tuesday, seeking more NFP-aligned data. The Aussie dollar dipped from a near-two-month high as the RBA stayed dovish.
EBC Markets Briefing | Australian dollar on edge ahead of RBA call
By EBC
The Australian dollar was nearing its peak on Tuesday. Inflation slowed to 3.6% in April but is unlikely to fall to the 2-3% target until 2025.
EBC Daily Snapshot May 6, 2024
By EBC
The dollar was steady Monday as weak US jobs data raised the odds of Fed rate cuts. The yen dropped after suspected intervention last week.
EBC Markets Briefing | UK stocks finally come back into fashion
By EBC
Global stocks cheered softer-than-expected US jobs data. Britain's FTSE 100 hit a record high on Friday and marked its second straight week of gains.
EBC Daily Snapshot May 3, 2024
By EBC
The dollar fell against most currencies and was set for its worst week in nearly two months, partly due to a sharp rise in the yen this week.
EBC Markets Briefing | Gold prices reconcile on cautious Fed
By EBC
Gold prices stayed near $2,300 on Friday as Fed Chair Powell said a rate hike is unlikely. This dampened demand for the safe-haven asset.
EBC Daily Snapshot May 2, 2024
By EBC
The yen fell against the dollar on Thursday, reversing gains from intervention. The dollar had been weak after the Fed'sdovish meeting.
EBC Markets Briefing | Oil prices pick up as US SPR is to be refilled
By EBC
Oil prices rose Thursday as the US may buy for SPR. Prices had fallen on hopes for an Israel-Gaza ceasefire and high oil inventories.
EBC Daily Snapshot Apr 30, 2024
By EBC
The dollar rose slightly on Tuesday ahead of the Fed meeting. CME Group's FedWatch tool showed a 44% chance of a rate cut in September.
EBC Markets Briefing | FTSE 100 sets fresh high on commodities rally
By EBC
Asian stocks rose with Wall Street on Tuesday, while the FTSE 100 extended its rally for a fifth session on Monday, lifted by positive corporate news.
EBC Daily Snapshot Apr 29, 2024
By EBC
The yen surged against the dollar on Monday, possibly due to Japanese intervention. Top diplomat Masato Kanda didn't confirm or deny involvement.
EBC Markets Briefing | Yen at critical point with 160 under threat
By EBC
The Japanese yen hit its weakest level since April 1990, hovering around 160. Markets watch for possible intervention by Japanese authorities.
EBC Markets Briefing | A50 comeback against Nifty 50 remains elusive
By EBC
China's A50 index has stagnated since March, despite government stimulus. Indian stocks have outperformed China but may be nearing a turning point.
EBC Daily Snapshot Apr 26, 2024
By EBC
The yen hit a 30-year low against the dollar after the BOJ kept rates steady. The dollar stayed stable despite weak US growth last quarter.
EBC Markets Briefing | Oil prices rally despite signs of stagflation
By EBC
Oil prices rose Friday due to the US Treasury secretary's comments on the economy's strength and potential supply disruption in the Middle East.
EBC Daily Snapshot Apr 25, 2024
By EBC
The US dollar dipped on Thursday as European currencies strengthened. US business activity slowed in April, signaling a global economic shift.
EBC Markets Briefing | Mining mega-deal set to rattle Australian market
By EBC
The Australian stock market is closed Thursday for Anzac Day. The ASX 200 index reached five record highs but underperformed its major peers.
EBC Daily Snapshot Apr 24, 2024
By EBC
The dollar remained steady at its lowest level since April 12. Positive business activity in Europe in April impacted the greenback negatively.
EBC Markets Briefing | Wall St may slide the slope of hope
By EBC
U.S. stocks are influenced by inflation, and experts are cautiously optimistic. Banks raised S&P 500 targets, expecting 5,500 by year-end.
EBC Markets Briefing | Gold prices steady on shaky Treasuries
By EBC
Gold prices steadied on Wednesday after reaching a two-week low from easing Middle East tensions. The fragile bond market may limit further declines.
EBC Markets Briefing | Euro outruns sterling with BOE on tenterhooks
By EBC
The euro stayed flat after rising against the pound last week. UK and EU banks signaled their readiness to act amid easing price pressures.
EBC Daily Snapshot Apr 23, 2024
By EBC
The euro rose on Tuesday but faced its biggest monthly drop since January. Eurozone business surged in April with strong service sector growth.
EBC Daily Snapshot Apr 22, 2024
By EBC
The yen stayed steady in Asian trading on Monday, while the US dollar held near five-month highs after last week's policy and geopolitical changes.
EBC Markets Briefing | US stocks plummet before tech earnings season
By EBC
US major stock indexes dropped Friday; Treasury yields fell amid weak earnings, interest rate uncertainties, and geopolitical tensions.
EBC Markets Briefing | Oil yet to grease the wheels on loonie
By EBC
The Canadian dollar weakened after the Bank of Canada held interest rates steady and hinted at possible monetary policy easing soon.
EBC Markets Briefing | Wall St meanders as AI frenzy cools off
By EBC
Asian shares and bond yields fell as safe-haven assets rose during the Mideast conflict. Nasdaq 100 dropped for the fourth time in five sessions.
EBC Daily Snapshot Apr 19, 2024
By EBC
Markets experienced a wave of risk aversion on Friday as reports emerged of Israel attacking Iran, prompting investors to seek safe-haven currencies.
EBC Daily Snapshot Apr 18, 2024
By EBC
On Thursday, the dollar weakened while pressures on other currencies persisted. Strong data dampened expectations of Fed rate cuts in June.
EBC Markets Briefing | Oil prices climb as the West considers fresh sanctions
By EBC
Oil prices rose Thursday on supply concerns. The US plans to reinstate oil sanctions on Venezuela; the EU discusses new sanctions on Iran.
EBC Markets Briefing | Australian dollar rebounds but concerns linger
By EBC
The Australian dollar has rebounded from a 5-month low against the US dollar. China's Q1 GDP is up 5.3% YoY, boosted by external demand.
EBC Daily Snapshot Apr 17, 2024
By EBC
Fed Chair Powell's comments on Wednesday drove a modest dollar gain, citing limited progress on inflation goals. Traders predict a 40-bps cut by 2024.
EBC Markets Briefing | Beleaguered yen braces for 160
By EBC
On Tuesday, the Japanese yen fell below 154 against the dollar due to the dollar's strength following positive US economic data.
EBC Daily Snapshot Apr 16, 2024
By EBC
The dollar hit a 5-month high on Tuesday as US retail sales surged 0.7% in March, beating economists' 0.4% forecast.
EBC Markets Briefing | US stocks tumble for a second day as mood sours
By EBC
Asian stocks fell on strong US retail sales, boosting the dollar to over five-month highs. US stocks plunged, hitting a six-month volatility peak.
EBC Daily Snapshot Apr 15, 2024
By EBC
Monday saw the dollar stabilize, marking its largest weekly surge since 2022, buoyed by rising Middle East tensions and looming high interest rates.
EBC Markets Briefing | Gold touches 2,400 as Iran flexes muscles
By EBC
Gold prices rose Monday after hitting a record high. Amid Middle East tensions, bullion began a fourth consecutive week of gains.
EBC Daily Snapshot Mar 12, 2024
By EBC
The dollar rose moderately on Friday as weaker-than-expected March US PPI did not relieve concerns that the Fed will delay loosening this year.
EBC Markets Briefing | Oil prices back above 90 as Iran vows revenge
By EBC
Oil surged to $90 on Friday due to tensions in the Middle East. Iran vows retaliation after an alleged Israeli attack on its Syrian embassy.
EBC Daily Snapshot Apr 11, 2024
By EBC
Thursday saw the dollar stay strong as inflation data dashed hopes for a Q2 rate cut. The yen neared its lowest since the '90s.
EBC Markets Briefing | Wall St sinks on worrisome CPI reading
By EBC
US stocks plunged Wednesday as unexpected inflation dashed hopes of a June rate cut. Treasury yields hit 4.5%, the highest since November.
EBC Daily Snapshot Apr 10, 2024
By EBC
US dollar stabilized pre-key inflation report; Canadian dollar strengthened amid renewed Middle East uncertainties, halting oil price declines.
EBC Markets Briefing | US gas price heats up amid commodity boom
By EBC
US gas prices rose Wednesday, buoyed by recovery signs in Europe and Asia and robust US growth, extending this month's rally with other commodities.
EBC Daily Snapshot Apr 8, 2024
By EBC
Tuesday: The dollar is hesitant; investors digest US payroll. Yen near 34-year lows; market wary of Japanese intervention.
EBC Markets Briefing | Silver has regained lustre near its two-year high
By EBC
Gold prices climb for the 8th day due to central bank buying and geopolitical tensions, ignoring the strong jobs report.
EBC Daily Snapshot Apr 4, 2024
By EBC
Thursday saw the dollar below peaks while awaiting a US jobs report for rate clues. The Swiss franc fell on easing inflation.
EBC Markets Briefing | Oil rises to multi-month highs on Ukraine deeper strike
By EBC
Thursday's oil prices rose on supply concerns from output cuts and geopolitical tensions, outweighing a surprise increase in US crude stocks.
EBC Daily Snapshot Apr 3, 2024
By EBC
The dollar hovered near a four-month high Wed. Traders anticipate Fed rate cuts of around 70 bps this year, with easing likely beginning in July.
EBC Markets Briefing | Australian dollar slips amid by iron ore downturn
By EBC
On Wednesday, the Australian dollar continued to weaken against the US dollar, down about 4.5% this year due to global economic uncertainties.
EBC Daily Snapshot Apr 2, 2024
By EBC
The dollar nears a 4.5-month high as traders ease bets on a Fed rate cut. CME's FedWatch tool sees a 61.3% chance of a June pivot.
EBC Markets Briefing | Gold ETF saw large outflow despite torrid rally
By EBC
Gold trimmed gains on Tuesday after hitting a new high. Expectations of Fed rate cuts drove the rally as US inflation eased in the past month.
EBC Daily Snapshot Mar 29, 2024
By EBC
The dollar held steady Friday, dominating against major currencies in Q1. The yen weakened near 152, prompting an emergency meeting to halt its slide.
EBC Markets Briefing | Gold on a wide ride amid euphoria over easing
By EBC
Gold hit a new high on Friday, set for the best month in 3+ years, driven by rate-cut expectations and safe-haven demand.
EBC Daily Snapshot Mar 28, 2024
By EBC
Fed governor Chris Waller's reassurance about interest rates, despite early-year inflation, steadied the dollar on Thursday.
EBC Markets Briefing | Oil prices gain on accelerating trade flows
By EBC
Oil prices rebounded Thursday after two days of decline. Despite Houthi attacks in the Red Sea, trade flows indicate acceleration in early 2024.
EBC Daily Snapshot Mar 27, 2024
By EBC
Strong US data raised doubts on rate cuts, lifting the dollar and pushing the yen to a 30-year low. The Aussie slipped on weak inflation.
EBC Markets Briefing | Pound falls as investors flip-flop on BOE’s cuts
By EBC
Sterling edged lower in light trading on Tuesday, losing momentum due to a stronger dollar driven by economic disparities among developed nations.
EBC Daily Snapshot Mar 25, 2024
By EBC
On Monday, the dollar surged, keeping the yen near a multi-decade low. Despite recent warnings from officials, the yen remains subdued.
EBC Daily Snapshot Mar 26, 2024
By EBC
Tuesday saw the dollar decline due to profit-taking and pressure from a firmer yen, fueled by ongoing Japanese government efforts to support it.
EBC Markets Briefing | Crude prices grind higher on Russia tighter supply
By EBC
Oil prices surged Tuesday, up over a dollar, driven by Russian production cuts and refinery attacks, signaling tighter supply ahead.
The yen continued to struggle on Monday
By EBC
On Monday, the dollar surged, keeping the yen near a multi-decade low. Despite recent warnings from officials, the yen remains subdued.
EBC Markets Briefing | Wall Street saw biggest weekly gains in months
By EBC
Asian stocks remained stable after the S&P 500's strongest weekly surge in 2024. The semiconductor index surged, driven by ongoing AI optimism.
EBC Daily Snapshot Mar 22, 2024
By EBC
The dollar is poised for a second week of gains as BOJ's rate hike fails to impress. The Swiss franc hits a 4-month low after a surprise SNB rate cut.
EBC Markets Briefing | Swiss franc flounders after surprise rate cut
By EBC
Sterling hit a 2024 high against the Swiss franc after the SNB's surprise rate hike, marking the first major central bank to ease policy.
EBC Daily Snapshot Mar 19, 2024
By EBC
BOJ's end to negative rates caused the yen's sharp fall. The Australian dollar slipped too, as local rates remained steady.
EBC Markets Briefing | Euro eyes parity with Swiss franc again
By EBC
On Wednesday, the euro reached its highest level against the Swiss franc since late November. Yield differentials now eclipse past inflation fears.
EBC Daily Snapshot Mar 21, 2024
By EBC
Thursday saw the dollar drop post-Fed's steady interest rate cut projections. Australia surged with robust employment data from last month.
EBC Markets Briefing | Gold prices smash records despite dollar resilience
By EBC
Gold hit a record high Thursday after the Fed kept rates steady as anticipated, signaling potential for three cuts this year.
EBC Daily Snapshot Mar 20, 2024
By EBC
Wednesday: Yen near 4-month low vs. dollar, 16-year low vs. euro. Traders expect Japan to keep its accommodative monetary policy after the rate hike.
EBC Markets Briefing | Wall St lifted by a report about iPhone
By EBC
Asian shares dipped slightly while Wall Street's key indexes surged, led by megacap tech firms like Alphabet and Tesla.
The dollar remained unchanged on Monday
By EBC
Monday saw a stable dollar as traders awaited central bank meetings globally. The BOJ appears close to discontinuing negative rates.
EBC Forex Snapshot, 18 Mar 2024
EBC Daily Snapshot Mar 18, 2024
By EBC
Monday saw a stable dollar as traders awaited central bank meetings globally. The BOJ appears close to discontinuing negative rates.
EBC Markets Briefing | Oil prices extend rally from a weekly gain of 4%
By EBC
Oil prices rose in early Asian trading, building on last week's 4% gain due to tightening supply amid rising geopolitical tensions.
EBC Daily Snapshot Mar 15, 2024
By EBC
Friday saw a resilient dollar, poised to end a three-week slide fueled by inflation data suggesting prolonged Fed rate stability, sparking concerns.
EBC Markets Briefing | Australian dollar slips as traders weigh export prospects
By EBC
AUD hit a one-week low on Friday. RBA to keep key rate unchanged till September as per Reuters poll, with at least 2 cuts expected in Q4.
EBC Daily Snapshot Mar 14, 2024
By EBC
Thursday saw a quiet currency market as traders awaited more US data for clues on Fed policy, leading to the consolidation of the US dollar.
EBC Markets Briefing | Oil prices firmed after attacks on Russian refineries
By EBC
Oil prices are nearing a 4-month peak. Surging 3% on Ukraine's attacks on Russian refineries, an unexpected drop in US crude inventories.
EBC Markets Briefing | Gold prices pull back from record high on hot CPI
By EBC
Gold prices fluctuated Wednesday, down 1% due to rising Treasury yields. The CPI rose 3.2%, above the 3.1% forecast, suggesting persistent inflation.
EBC Daily Snapshot Mar 13, 2024
By EBC
The US dollar steadies as inflation surpasses expectations, prompting doubts about the Fed's ability to justify multiple rate cuts this year.
EBC Markets Briefing | Currency crisis deepens in Turkey
By EBC
Lira extended losses against USD on Tuesday, marking its worst weekly performance since July 21. Bloomberg reports it has lost over 7% this year.
EBC Daily Snapshot Mar 12, 2024
By EBC
The dollar remained stable before crucial US inflation data, while the pound stayed below its seven-month peak reached recently.
The yen firmed against the dollar on Monday
By EBC
Yen strengthened vs. dollar on BOJ's potential exit from negative rates next week, contrasting Fed's expected June rate cut.
EBC Daily Snapshot Mar 11, 2024
By EBC
Yen strengthened vs. dollar on BOJ's potential exit from negative rates next week, contrasting Fed's expected June rate cut.
EBC Markets Briefing | UK equities unimpressed by the Tories’ new plan
By EBC
Asian shares dipped on Mon, mirroring the US downturn. The FTSE 100 slid, extending its third consecutive week of decline.
EBC Daily Snapshot Mar 8, 2024
By EBC
The dollar faces the biggest weekly drop of 2024 as Fed Chair Powell hints at rate cuts. The euro reaches a nearly two-month peak.
EBC Markets Briefing | Loonie benefits from buoyant domestic data
By EBC
The Canadian dollar steadied at a 2-week high vs. USD on Friday. Domestic data: trade balance surplus in January, business activity rebounds.
EBC Daily Snapshot Mar 7, 2024
By EBC
Yen hit one-month high vs. dollar Thursday; BOJ member Junko Nakagawa cited Japan's economy moving steadily to 2% inflation target.
EBC Markets Briefing | A hell year for the safe-haven Swiss franc?
By EBC
The Swiss economy is performing strongly, but inflation is slowing, which could lead the central bank to cut interest rates sooner.
EBC Markets Briefing | Gold extends record run after Powell’s rate cut message
By EBC
The gold price is nearing a record high due to rising US rate expectations. Bullion surges by 30% in 16 months from the late 2022 low.
EBC Daily Snapshot Mar 6, 2024
By EBC
US dollar steady Wed before Fed Chair Powell's congressional testimony. Expected to emphasize waiting for more data before rate cuts.
EBC Markets Briefing | Wall St and European shares lower as tech rally stalls
By EBC
Asian stocks fell as major US tech firms dragged down markets after Wall Street's decline. Nasdaq led with a 1% drop, alongside other US indexes.
EBC Daily Snapshot Mar 5, 2024
By EBC
US dollar held steady Tuesday with traders cautious before key economic data. Canadian dollar weakened due to waning oil prices.
EBC Markets Briefing | Gold price eyes all-time high as US economy cools
By EBC
Gold is nearing a 3-month peak on Tuesday as markets anticipate the Fed's June rate cut. It surged $50 last week due to weak US data.
The US dollar drifted within a tight range on Monday
By EBC
Monday saw the US dollar in a narrow band due to reduced Treasury yields, as the Japanese yen hovered around 150 per dollar, drawing close attention.
EBC Daily Snapshot Mar 4, 2024
By EBC
Monday saw the US dollar in a narrow band due to reduced Treasury yields, as the Japanese yen hovered around 150 per dollar, drawing close attention.
EBC Markets Briefing | Oil industry cheers OPEC+ cut extension
By EBC
Oil prices surged as OPEC+ decided to prolong voluntary output cuts by 2.2 million bpd into Q2, meeting market forecasts.
EBC Daily Snapshot Mar 1, 2024
By EBC
US dollar steady post data indicating persistent yet gradual inflation easing. Canadian dollar strengthens on upbeat GDP report.
EBC Markets Briefing | Gold shrugs off PCE amid Putin’s nuclear threats
By EBC
Gold steadied near one-month highs post-US inflation data meeting expectations, with a 62% likelihood of a June Fed rate cut factored in by markets.
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