The flash crash in bitcoin over the weekend set up a tense day of trading on Monday but the bulls steadied the ship. BTC briefly retested $47000 but found its legs late Monday and has continued to grind higher, hitting $50,800. On the technical side, not much stands in the way to a return to $54,000

South Africa reported a rapid drop in covid cases today but the main reason for that was a drop in testing. These are the numbers from Gauteng, which is the province at the epicentre of the outbreak. 23 Nov: 605 24 Nov: 1018 25 Nov : 1950 26 Nov : 2173 27 Nov : 2629

The US dollar has greatly benefited from fear about omicron but today's price action showed tentative signs of better sentiment. There is some data showing infections are less severe and that could ultimately help bring the pandemic to an end. Goldman Sachs is out with some new forecasts that show m

Major indices move higher. Dow erases losses from last week/Nasdaq higher but lags It's RBA decision day: What else is coming up in Asia-Pacific trade RBNZ Bascand: CBs must continue to look forward to guard against the unpredictable WTI crude oil futures settle at $69.49 Bitco

The major US stock indices are closing the session with varied gains. The major three indices was led by the Dow. The Russell 2000 which has been beaten down the most from all time highs, had the best gains for the day. The Nasdaq index which is 6% off the all time high, lagged but still rose 0.93%

Eamonn is off again today but will be back tomorrow. I'll be covering in his place and that includes the RBA decision at 0330 GMT. I'll have more on that in the hours leading up to the decision but AUD/USD posted a decent rebound from  Friday's rout, climbing 46 pips to 0.7047 to start the