MARKET UPDATE
Gold prices steady above $2,400. Gold prices fell slightly in Asian trade on Friday, but were sitting on strong gains from the prior session as softer-than-expected U.S. inflation data ramped…
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MARKET UPDATE
Asian stocks surge as TSMC boosts tech. Asian stocks rose on Thursday as technology stocks rallied after positive revenue figures from chipmaking giant TSMC sparked more optimism over artificial intelligence,…
Gold prices steady amid rate cut speculation
Gold prices rose slightly in Asian trade on Wednesday as comments from Federal Reserve Chair Jerome Powell sparked increased speculation over when the central bank will begin cutting interest rates.…
MARKET UPDATE
Asia FX flat as dollar steadies. Most Asian currencies moved in a flat-to-low range on Wednesday as the dollar found some strength after Federal Reserve Chair Jerome Powell offered no…
MARKET UPDATE
Asia FX muted as dollar steadies. Most Asian currencies edged lower on Tuesday as the dollar found some strength before a testimony by Federal Reserve Chair Jerome Powell, while the…
MARKET UPDATE
Euro slips on French gridlock. The euro slipped on Monday after projections from France’s election pointed to a hung parliament amid an unexpectedly strong showing for a left-wing alliance, spawning…
MARKET UPDATE
Asia FX rises ahead of nonfarm payrolls. Most Asian currencies advanced slightly on Friday, recovering further as the dollar weakened ahead of key payrolls data, while the Japanese yen strengthened…
MARKET UPDATE
Asia FX upbeat as rate cut bets dent dollar. Most Asian currencies firmed on Thursday as increased expectations of interest rate cuts by the Federal Reserve dented the dollar, while…
MARKET UPDATE
Gold prices gain some ground as dollar falls. Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve…
Oil prices climb to two-month highs
Oil prices rose Tuesday, climbing to two-month highs, as traders bet on increased demand during the Independence Day holiday and potential supply risks from geopolitics and weather-related disruptions. At 07:20…
MARKET UPDATE
Gold prices tick lower with payrolls in focus. Gold prices fell slightly in Asian trade on Tuesday, remaining in a tight trading range as anticipation of a slew of cues…
MARKET UPDATE
Asia FX muted after mixed China PMIs. Most Asian currencies kept to a tight range on Monday as sentiment towards the region was dented by weak Chinese business activity data,…
MARKET UPDATE
Asia shares set for five-month winning streak. Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling U.S. inflation…
MARKET UPDATE
US stock futures edge lower. U.S. stock index futures slipped lower Thursday, retreating after disappointing guidance from chipmaker Micron and ahead of the release of key economic data. At 06:00…
MARKET UPDATE
Aussie supported after inflation spike. The Australian dollar rallied on a surprise jump in inflation on Wednesday, while the U.S. dollar kept downward pressure on the yen and yuan as…
MARKET UPDATE
European stocks mostly weaken. European stock markets mostly weakened Tuesday, with sentiment hit by the overnight selloff of influential Big Tech stocks on Wall Street. Investors’ confidence has been hit…
MARKET UPDATE
Asia FX weak amid dollar strength. Most Asian currencies were fragile on Monday as the dollar steadied near two-month highs, while weakness in the Japanese yen sparked caution over potential…
MARKET UPDATE
Dollar hits multi-week highs. The U.S. dollar pushed to a fresh eight-week top above 159 yen and clung close to a five-week peak to sterling on Friday, with the Federal…
MARKET UPDATE
Dollar firms, sterling steady. The British pound held broadly steady on Thursday ahead of the Bank of England’s (BoE) rate-setting meeting while the dollar firmed a touch, though moves were…
Bitcoin price today slides to $65k
Bitcoin fell in early Asia trading on Tuesday, erasing all of the gains it mate a day earlier, driven by ongoing profit-taking and continued net outflows from U.S.-listed bitcoin exchange-traded…