Market News

The condition of the labor market is relatively stable, though it is still facing some instabilities as the economy continues to recover.

FOMC Minutes Release has Minor Market Impact; U.S. Dollar and Japanese Yen Continue Advance; Crude Oil Drops.

Recently, the People’s Bank of China and a local Beijing regulator took action against a company that was providing cryptocurrency-related services.

Global Stocks, Crude Oil Fall on Growth Concerns; U.S. Dollar and Japanese Yen Advance; US Treasury Yields Hit Lows.

Recently, the Reserve Bank of Australia decided to leave interest rates unchanged at 0.10%, in line with analysts’ expectations.

Crude Oil Rises as OPEC Blocks Supply Increase; RBA Holds Policy Steady; NZD Rises on Rate Hike Speculation.

S&P 500, NASDAQ Close at All-Time Highs; US NFP Exceeds Expectations; US Dollar Strong.

Since the beginning of the week, the US Dollar has recovered from last week's losses, gaining 0.77 percent against a bundle of its main competitors.

According to Eurostat, the unemployment rate in the Eurozone stood at 7.9% in May, lower than expectations of 8% and April’s 8.1%.

The FCA’s tough stance on money laundering is seeing very few registrations granted to cryptocurrency exchanges to conduct regulated business in the UK.

USD Hits Multi-Month Highs Against Euro, Yen, Swiss Franc; S&P 500, NASDAQ Reach All-Time Highs; ADP NFP Forecast Exceeds Expectations.

According to data released by the China Federation of Logistics and Purchasing (CFLP), the Manufacturing PMI stood at 50.9, signaling an expansion of the sector.

U.S. Stock Indices S&P 500, NASDAQ Reach All-Time Highs; Gold Drops to 2-Month Low; FOMC Waller Downplays 2022 Rate Hike.

Bitcoin has been suffering from volatility mainly because the markets have been sending confusing signals regarding the adoption process of this cryptocurrency as a medium of exchange.

U.S. Stock Indices S&P 500, NASDAQ Reach All-Time Highs; WTI Crude Oil Drops; Cryptocurrencies Recover.