OANDA News

OANDA Malay Mail / May 1, 2021

KUALA LUMPUR, May 1 - The ringgit is expected to witness cautious trading against the greenback next week on the possibility of higher 10-year United States (US) Treasury yields, which will likely increase the risk appetite for the US dollar, an analyst said. "Assuming that no surprises emerge...

OANDA Taipei Times / May 1, 2021

Asian markets turned lower Friday as investors struggled to take the lead from a record performance on Wall Street overnight and following below-forecast Chinese factory data. News that US growth had accelerated more than 6 percent in the first quarter of this year and unemployment claims continued to fall to new COVID-19 pandemic-era lows reinforced the view that the recovery in the world's top economy was well on track.

OANDA FLA News / Apr 30, 2021

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OANDA Reuters / Apr 30, 2021

World share indices extended gains and Treasury yields rose on Thursday, after strong U.S. economic data and the Federal Reserve's commitment to continue supporting the economy fueled confidence in a recovery. U.S. economic growth accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the course for what is expected will be the strongest annual performance in nearly four decades.

OANDA The Star Online / Apr 30, 2021

KUALA LUMPUR: The ringgit opened firmer against the US dollar today on renewed buying interest, tracking the steadier oil prices, said an analyst. At 9 am, the local currency stood at 4.0985/1015 against the greenback from Wednesday's close of 4.1000/1050. Markets were closed on Thursday for Nuzul al-Quran public holiday.

OANDA The Edge Markets MY / Apr 30, 2021

KUALA LUMPUR (April 30): The ringgit opened firmer against the US dollar today on renewed buying interest, tracking steadier oil prices, said an analyst. At 9am, the local currency stood at 4.0985/1015 against the greenback from Wednesday's close of 4.1000/1050. Markets were closed on Thursday for Nuzul al-Quran public holiday.

OANDA manilastandard.net / Apr 30, 2021

The stock market tumbled Friday on profit-taking, following a signal from the rest of Asia where investors struggled to take the lead from a record performance on Wall Street. The Philippine Stock Exchange Index slumped 116.64 points, or 1.8 percent, to 6,370.87 on a value turnover of P8.6 billion.

OANDA Bond Buyer / Apr 30, 2021

Municipals ended the week and the month quietly as participants prepare for a supply and redemption increase in May, but even with some pressure felt this week, tailwinds remain for the market. Rates rose this week by as much as six basis points on the 10-year, but on Friday, the benchmark remained below 1%.

OANDA MarketPulse / Apr 29, 2021

Earnings reports boost US equities US stocks are rising higher after stellar earnings reports from Big-Tech, a steady FOMC meeting, and no immediate impact from President Biden's tax plan that will now go through several rounds of negotiations. Except for Amazon, who will report after the bell, the key earnings results are in and have ...

OANDA MarketPulse / Apr 29, 2021

Asia in cautious mood, eyes US GDP Asian equities continued to trade with a cautiously bullish bias, with one eye on US GDP this evening, after the FOMC stayed on message but was ever so slightly less dovish. Notably, US index futures are rallying powerfully in Asian trading after blow-out Apple and Facebook results and ...

OANDA Metro US / Apr 29, 2021

NEW YORK (Reuters) - World share indices extended gains and Treasury yields rose on Thursday, after strong U.S. economic data and the Federal Reserve's commitment to continue supporting the economy fueled confidence in a recovery. U.S. economic growth accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the course [...]

OANDA MarketWatch / Apr 29, 2021

Gold futures ended Wednesday with a third loss in a row. A rise in U.S. Treasury yields, following a strong reading on first quarter U.S. economic growth, put pressure on prices. "Gold will eventually climb higher, it just needs to see the bond market believe that the Fed will remain stubbornly accommodative throughout the next few months of robust economic data," said Edward Moya, senior market analyst at Oanda.

OANDA The Washington Post / Apr 29, 2021

Weekly jobless claims fell to a pandemic low for the third consecutive week, the Labor Department reported Thursday, with 553,000 Americans filing for initial unemployment benefits in the week that ended April 24. This marks a 13,000 decrease compared to last week, putting the insured unemployment rate around 2.6 percent, the Labor Department said.