Treasury yields nudge a little higher but it will all come down to the Fed today 0 (0)

It is going to be all about the bond market today
As much as the Fed wants to walk a tightrope and keep a more dovish tone while not sounding too controlling over recent developments in the bond market, the lack of pushback (once confirmed) is arguably going to be the key takeaway for investors.

Go to Forexlive

Fauci: No red flags on vaccine safety in the US thus far 0 (0)

US chief medical adviser, Dr. Anthony Fauci, speaks in an interview
This will keep market participants pleased in brushing aside the recent AstraZeneca worries that have been cropping up in Europe. If anything, this also makes clearer the vaccine divergence between the US and Europe – which .

Go to Forexlive

EU says EMA to hold press conference later at 1300 GMT 0 (0)

It is all about the AstraZeneca vaccine
As much as there are concerns, there is so much politics involved with the vaccine rollout in the EU that makes it tough to really get an objective view of the matter. I mean, the EU has had its fair share of beef with AstraZeneca before all this took

Go to Forexlive

PBOC official calls for new laws to better deal with financial risks 0 (0)

Bloomberg reports, citing an article published by China Finance
The article refers to remarks by PBOC deputy governor, Liu Guiping, who is said to have suggested new laws to better coordinate policies in order to maintain financial stability and prevent risks from bubbling up in China.

Go to Forexlive

US futures keep higher ahead of North American trading 0 (0)

Dow futures point to yet another gain after five record closes in a row last week for the cash index
After the early scare from the selloff in China, Europe has took to things more calmly and there hasn’t been much notable movement that aside. The dollar is steadier, trimming some of its earlier gains while

Go to Forexlive

Bitcoin extends pullback from record high over the weekend 0 (0)

Bitcoin falls further below $55,000 after pushing to a record high near $62,000 over the weekend
As always with most major milestones that Bitcoin tends to hit, the volatility swings that follow can be pretty brutal and we are already seeing a plunge from $60,000 to levels just under $55,000 today as price falls by more

Go to Forexlive

Europe brushes aside China selloff as risk keeps steadier on the session 0 (0)

Equities keep modestly higher on the day so far
European stocks have looked to have completely shrugged off the rout in China, as major indices are posting modest gains to start the session. Meanwhile, US futures have also turned losses into slight gains now as the earlier jitters in Asia abate:

Go to Forexlive