MARKET UPDATE
Gold prices tumble from record highs. Gold prices rose in Asian trade on Friday but were nursing a tumble from record highs in the prior session as caution before an…
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MARKET UPDATE
Oil prices slow sell-off expectations. A sharp sell-off in crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic…
MARKET UPDATE
Asian stocks fall as yen strength weighs. Asian stocks retreated on Wednesday as strength in the yen spurred a further unwinding in the carry trade, while losses in e-commerce major…
Gold steady near record high
Gold held steady near its record high on Tuesday as investors awaited U.S. Federal Reserve minutes and Chair Jerome Powell’s speech for indications on how much the central bank will…
MARKET UPDATE
Gold prices hover above $2,500. Gold prices fell slightly in Asian trade on Tuesday, but remained close to record highs as traders grew more convinced that the Federal Reserve will…
MARKET UPDATE
European shares flat after best week. European shares opened flat on Monday, following their best weekly jump in three months, as investors prepared for another data-heavy week, with focus on…
MARKET UPDATE
Dollar firm as US data quiets recession worries. The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers…
MARKET UPDATE
Oil prices steady. Oil prices were largely steady on Thursday as optimism built that potential U.S. interest rate cuts will boost economic activity and fuel consumption but concerns over slower…
Oil gains on Middle East war concerns
Oil prices climbed on Wednesday after an industry report showed U.S. crude and gasoline inventories fell and as the market watched for a possible widening of the Israel-Gaza war, which…
MARKET UPDATE
Gold prices close to record highs. Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing…
MARKET UPDATE
Gold prices fall, but record high in sight. Gold prices fell in Asian trade on Tuesday but remained close to record highs as safe haven demand was buoyed by fears…
MARKET UPDATE
Oil extends gains for fifth straight session. Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as U.S. recession fears…
MARKET UPDATE
Asian stocks rise on cooling recession fears. Asian stocks rose on Friday amid cooling fears that a U.S. recession was imminent, while mildly positive inflation data from China also helped…
MARKET UPDATE
Stock Market Today, S&P 500 closes lower. The S&P 500 reversed early-day gains to close Wednesday, as a slump in Super Micro Computer pressured chips stocks, weighing on the broader…
MARKET UPDATE
Asian stocks rise, Nikkei extends rebound. Most Asian stocks rose on Wednesday as they recovered from steep losses earlier this week, while Japanese markets rose sharply following some encouraging comments…
MARKET UPDATE
Japanese shares rally hard after biggest sell-off since 1987. Japanese stocks rebounded sharply on Tuesday from the previous session’s searing sell-off and double-digit losses as Federal Reserve comments and data…
Slumping US futures, Nikkei’s hefty fall
Wall Street looks set to start the week with hefty losses on concerns that the U.S. economy is slowing down rapidly. Japan’s Nikkei index entered bear market territory earlier in…
MARKET UPDATE
Bitcoin price today plummets to $51k. Bitcoin price plummeted to a more than five-month low on Monday, tracking a broader decline in financial markets as growing fears of a U.S.…
MARKET UPDATE
Gold prices in sight of record high. Gold prices rose in Asian trade on Friday and were in sight of a record high as a rout in global markets, amid…
MARKET UPDATE
Meta’s Frankfurt-listed shares rise 7.9%. Meta Platforms (NASDAQ:META) shares rose 7.9% in Frankfurt in thin volumes on Thursday, after the U.S. tech giant beat market expectations for second-quarter revenue on…