European stocks and oil slip
European stocks open lower on Friday as investors turn their attention to November’s euro zone inflation data, a key indicator ahead of the European Central Bank’s final policy meeting of…
Read more
MARKET UPDATE
Asia FX gains on Fed rate cut bets. Most Asian currencies edged higher on Friday as the dollar weakened on persistent expectations of a rate cut by the U.S. Federal…
MARKET UPDATE
Asia stocks retreats. Most Asian stock markets declined on Thursday as investors were cautious about the U.S. interest rate outlook after a stubbornly strong inflation print, while South Korean stocks…
MARKET UPDATE
Asia stocks drift lower. Most Asian stocks retreated on Wednesday with focus turning to key U.S. economic data for more cues on interest rates, while Chinese markets rose despite heightened…
MARKET UPDATE
Gold prices edge higher on Trump tariff threat. Gold prices rose slightly in Asian trade on Tuesday as threats of more trade tariffs from president-elect Donald Trump buoyed demand for…
Bitcoin hits record high over $97k
Bitcoin rose to a record high on Thursday, extending a run of recent gains as sentiment towards crypto markets remained upbeat on the prospect of friendlier regulations under Donald Trump.…
MARKET UPDATE
Gold prices rise as Russia-Ukraine fuel haven demand. Gold prices rose in Asian trade on Thursday as heightened tensions between Russia and Ukraine underpinned safe haven demand, helping bullion weather…
MARKET UPDATE
Gold prices extend recovery. Gold prices rose in Asian trade on Tuesday, extending a recovery from two-month lows as the dollar retreated from recent peaks, while increased tensions between Russia…
MARKET UPDATE
Oil nudges up after Russia-Ukraine tensions escalate. Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China,…
MARKET UPDATE
Gold prices steady but head for worst week since 2021. Gold prices steadied in Asian trade on Friday, but were nursing their worst weekly performance in over three years as…
Crypto market capitalisation hits $3.2 trillion
The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a…
MARKET UPDATE
Asia shares stumble. Asian stocks fell broadly on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world’s…
MARKET UPDATE
Stocks slide on unease over jump in bond yields. Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that…
MARKET UPDATE
Asia stocks drift lower. Most Asian stocks moved in a flat-to-low range on Tuesday as Chinese markets struggled after recent fiscal measures from Beijing underwhelmed, with focus turning to an…
MARKET UPDATE
Dollar underpinned before US inflation data. The dollar edged higher on Monday (NASDAQ:MNDY) as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while…
MARKET UPDATE
European markets slip lower. European stock markets edged lower Friday, as investors digested a volatile week that has included political turmoil, key central bank decisions as well as more corporate…
Gold and bitcoin to benefit From a second Trump presidency
Gold and bitcoin should both benefit from Donald Trump’s second presidency, according to JPMorgan strategists. Despite an initial negative reaction to the US election result, these assets should thrive due…
MARKET UPDATE
Gold prices nurse steep losses. Gold prices fell slightly in Asian trade on Thursday, extending steep losses from the prior session after Donald Trump’s victory in the 2024 elections sparked…
MARKET UPDATE
Dollar surges. The dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday and bitcoin jumped to an all-time high as so-called “Trump trades”…
MARKET UPDATE
Dollar limps into US Election Day. The dollar softened on Tuesday as traders squared positions on the day of the U.S. presidential election, after recent polls dented some market bets…