MARKET UPDATE
Asian stocks rise. Most Asian stocks rose slightly on Monday amid persistent cheer over lower interest rates, while Australian markets lagged as major retail stocks fell sharply in the face…
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MARKET UPDATE
Asian stocks rise on rate cut cheer. Most Asian stocks rose on Friday, tracking overnight gains on Wall Street as investors cheered a bumper interest rate cut from the Federal…
MARKET UPDATE
Dollar bounces after Fed-inspired losses. The U.S. dollar edged higher Thursday, bouncing off its over one-year low after the Federal Reserve announced an outsized interest rate cut, while sterling gained…
MARKET UPDATE
Asian stocks muted with Fed rate cut in focus. Most Asian stocks kept to a tight range on Wednesday as investors hunkered down in anticipation of a Federal Reserve meeting…
Dollar pinned down by 50 bp
The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting may begin…
MARKET UPDATE
Asian stocks edge higher on rate cut bets. Most Asian stocks rose slightly on Tuesday in anticipation of an interest rate cut by the Federal Reserve, while Japanese markets were…
MARKET UPDATE
Oil prices climb on Fed rate cut outlook. Oil prices rose in Asian trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped…
MARKET UPDATE
Gold prices hit record high. Gold prices hit a record high in Asian trade on Friday, buoyed by persistent speculation that the Federal Reserve will cut interest rates in the…
Gold prices rise, keep record highs
Gold prices rose in Asian trade on Thursday and remained in sight of record highs as traders bet that the yellow metal will still benefit from a lower interest rate…
MARKET UPDATE
Asian shares up on Wall St tech boost. Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after U.S. core inflation…
MARKET UPDATE
Asia FX firms, yen at 8-mth peak. Most Asian currencies gained ground on Wednesday as the dollar retreated in the wake of a fiery U.S. presidential debate, with focus turning…
MARKET UPDATE
Asian stocks rise with inflation in focus. Most Asian stocks rose on Tuesday tracking an overnight rebound in Wall Street as investors looked to upcoming inflation data for more cues…
MARKET UPDATE
Dollar steadies, Yen slips. The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal…
MARKET UPDATE
Oil steadies ahead of key US jobs report. Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key U.S. employment data as they weighed…
MARKET UPDATE
European stocks slip lower. European stock markets drifted lower Thursday, trading in a subdued manner ahead of the key monthly US jobs report amid renewed concerns over the prospects for…
Nvidia sell-off, growth concerns
Nvidia sell-off, growth concerns Shares across the world fell on Wednesday, pummelled by a drop in tech stocks after a record sell-off for U.S. chipmaker Nvidia (NASDAQ:NVDA) and as expectations…
MARKET UPDATE
European stocks fall on growth concerns. European stock markets fell Wednesday, following the sharp selloff seen on Wall Street overnight as growth concerns weighed heavily on the market-leading tech giants.…
MARKET UPDATE
Oil prices fall. Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that overshadowed the impact of the…
MARKET UPDATE
Oil extends losses on weak China data. Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China…
MARKET UPDATE
Gold prices dip as PCE data looms. Gold prices fell slightly in Asian trade on Friday, but remained close to record highs as markets awaited more cues on interest rates…