Latest Market News

Feb 01
Gold futures climb for the session, fall for the month

Gold prices settled higher on Monday, but posted a loss for the month pressured, in part, by a rise in Treasury yields over the past few months, said Michael Hewson, chief market analyst at CMC Markets UK. Still, prices rebounded after falling to a roughly six-week low at the end of last week. April gold […]

Feb 01
Market Spotlight: USDCNH Channel Break On Watch

Weak China Data Weighs On YuanThe latest set of Chinese PMI data sets released overnight have revealed the impact of fresh COVID lockdowns as the country battles omicron. The Caixin manufacturing PMI was seen falling to 49.1 in January, marking a decline from the prior month’s 50.9 reading and a fresh contraction in the factory […]

Feb 01
Precious Metals Monday 31-01-2022

Metals In Meltdown As USD ReboundsThe uptick in the US Dollar over the last fortnight has taken a heavy toll on the metals complex with both gold and silver prices sinking. With the Fed having lad the groundwork for a March rate hike, and the market now keenly focused on gauging the likelihood of any […]

Feb 01
Novavax asks the FDA to authorize its COVID-19 vaccine candidate

Shares of Novavax Inc. NVAX, +13.00% rallied 10.0% in trading on Monday after the company said it filed for authorization of its experimental COVID-19 shot in the U.S. Novavax’s COVID-19 vaccine candidate is protein-based, meaning it’s a different type of vaccine than the mRNA shots developed by BioNTech SE BNTX, +6.08% /Pfizer Inc. PFE, -3.02% […]

Feb 01
SR-FINRA-2022-002

SR-FINRA-2022-002 Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to amend FINRA Rule 7620A (FINRA/Nasdaq Trade Reporting Facility Reporting Fees) to modify the query fee applicable to non-retail participants that use the FINRA/Nasdaq Trade Reporting Facility Carteret (the “FINRA/Nasdaq TRF Carteret”) and the FINRA/Nasdaq […]