MARKET UPDATE
Asia FX set for yearly losses. Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan…
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MARKET UPDATE
European stocks slip. European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a positive year for regional…
MARKET UPDATE
Gold prices edge up, remains pressured by strong dollar. Gold prices edged higher in Asian trade on Tuesday, extending their tepid performance as investors still remained cautious with the rising…
MARKET UPDATE
Oil gains as cooling US inflation. Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next…
MARKET UPDATE
Dollar set to end week on a high. The dollar was set to cap the week on a strong note on Friday as it notched a two-year high bolstered by…
Currencies attempt rebound against Fed-driven dollar
The dollar slipped on Thursday, a day after surging to a two-year peak after the Federal Reserve rocked markets by signalling a much slower pace of rate cuts in 2025,…
MARKET UPDATE
Asian stocks fall after Fed flags slower rate cuts. Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it…
MARKET UPDATE
Gold prices steady ahead of Fed rate decision. Gold prices were largely steady in Asian trade on Wednesday after falling in the previous session, as the Federal Reserve kicked off…
MARKET UPDATE
Asia stocks mixed ahead of major interest rate decisions. Asian stocks were mixed on Tuesday as markets awaited interest rate decisions from major central banks later this week, while weak…
European stocks edge up as traders await ECB
European stocks edged higher on Thursday, as investors braced for a rate cut from the European Central Bank and awaited hints on policy moves next year as the euro zone…
Bitcoin hits $100,000 on Trump SEC cheer
Bitcoin crossed the coveted $100,000 mark on Thursday amid increased optimism over friendly regulations under President-elect Donald Trump, while Federal Reserve Chair Jerome Powell also compared the crypto to gold.…