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…
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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.…
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…
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…