News
GIC provides the latest news about forex and commodities which influence market movements.
Bursa Saham Eropa Melonjak, Data Inflasi Jerman Menjadi Fokus Uta...

European stocks are expected to open slightly higher on Thursday as investors focus on the region's banking sector and the latest inflation data due out. Our daily stock roundup is based on investing.
Asian Currencies Weaken as Focus Turns to Global Policy

Asian currencies weakened on Thursday as the dollar strengthened, with investors turning their attention back to the U.S. and global monetary tightening campaign as the global financial crisis eases.
US Dollar Strengthens Amid Easing Banking Crisis Fears

The US dollar (USD) has reportedly strengthened since Thursday as concerns over the banking sector have eased, helping to boost risk sentiment, with investors turning their attention to the Fed's batt
Oil Prices Rise For Asia Trade On Kurdistan Risks

Crude oil prices rose in Asian trading on Wednesday, extending gains to a third straight session as disruptions in crude oil shipments in Kurdistan and a major drawdown in U.S. inventories could point
Safe-Haven Dollar Slips as Bank Worries Ease

On Tuesday, the US dollar fell against most other major currencies. This was due to easing concerns about a wider banking crisis, so that demand for assets considered safe, such as the US dollar, decr
Banking Crisis Unnerves, US Dollar Steady

US dollar - On Monday, investors watched the actions of authorities and regulators to control concerns over the global banking system. This resulted in a strengthening of the dollar and a weakening of
Global Oil Prices Rise Slightly Amid Banking Sector Uncertainty

Global oil prices are currently holding tight for the Asian trading session. Reportedly hovering above a 15-month low as the market awaits a price drop from shoes in a potential global banking crisis.
Asian Stock Markets Plunge Amid Global Oil Rebound

Markets in the Asian domain are experiencing uncertainty and caution as investors shift their focus to the release of the global Purchasing Managers' Index (PMI). The PMI is a key indicator to gauge t
Global Oil Prices Drop as US Delays Replenishment of Reserves

Global oil prices fell on Friday in Asian trade due to comments by US Energy Secretary Jennifer Granholm who said it would be difficult to quickly replenish the country's Strategic Petroleum Reserve (
Global Gold Strengthens Due to Fed Interest Rate Pause

Gold is currently strengthening to a high above $1,970 an ounce since Thursday after rising 1.6%. The strong reason for the price increase is because the Fed gave 25 bps to the widely expected gold in
AUD/USD Climbs Higher 0.6750 As Rates Pause

The Australian dollar is reported to have climbed to a higher level of 0.6750 in early European session today. Aussie assets are stronger after the Fed chairman signaled a temporary pause on rate hike
GBP/USD Rises to 1.2310 Amid Brexit Optimism, Dovish Fed

The British pound (GBP/USD) today refreshed its daily high near 1.2310 as it climbed towards the seven-week high marked the previous day, while the bulls held on to control ahead of the BoE's monetary