Market News

WTI Futures Trade Above $82; USD/JPY Powers to 113.48; Bitcoin Hits 5-Month High; Stocks Lower

US Treasury Secretary Janet Yellen said that there may be a catastrophe if the Senate is unable to reach an agreement regarding the debt ceiling.

WTI Futures Trade Above $81; USD/JPY Advances to 2.5-Year High; Crypto Strong; Asian Stocks Advance

German producers have been claiming that production is being constrained by supply chain disruptions.

ADP Predicts 568k New Jobs; Stocks Bounce Back; US Dollar Strong

The bank also announced that it is considering removing more monetary policy stimulus measures, depending on the employment and inflation outlook.

WTI Crude Oil Breaks $79; US Dollar Strong; Stocks Lower

The Securities and Exchange Commission (SEC) recently granted extensions on the applications of four Bitcoin ETFs, changing their deadlines from November to December.

OPEC Maintains Output; US Dollar Strong; Stock Markets Lower

According to data released by the Swiss Federal Statistical Office, the Consumer Price Index stood at 0% in September (month-on-month), below expectations of 0.2% and August’s 0.2%.

WTI Steadies Ahead of OPEC Meet; US Dollar Strong; Asian Stocks Lower

Despite this, it seems that the economy has been losing momentum during the third quarter, which could encourage the Bank of England to reconsider its ultra-loose monetary policy stance.

USD Index at 10-Month High; US 10-Year Yield Hits 3-Month High; Silver at 1-Year Low

The Chinese government recently declared all cryptocurrency transactions illegal, causing cryptocurrency exchanges to cut ties with users from mainland China.

This could eventually push the European Central Bank to reconsider its ultra-loose monetary policy stance.