MARKET UPDATE
Oil prices ticked up on Thursday. Oil prices ticked up on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting…
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MARKET UPDATE
Asia stocks surge. Most Asian stocks rose sharply on Wednesday, tracking an overnight rally on Wall Street after U.S. President Donald Trump flagged an eventual lowering in steep trade tariffs…
Dollar close to multi-year lows versus euro
The dollar marked a fresh low against the yen and hovered around multi-year lows versus the euro and the Swiss franc on Tuesday as President Donald Trump’s attacks on the…
MARKET UPDATE
Asia stocks skittish. Most Asian stocks moved in a flat-to-low range on Tuesday as investors remained on edge over U.S. President Donald Trump’s trade tariffs and his persistent criticism of…
MARKET UPDATE
Gold prices hit record high near $3,300/oz. Gold prices hit a record high in Asian trade on Wednesday, benefiting from sustained safe haven demand as markets fretted over U.S.-China trade…
MARKET UPDATE
Asia stocks rise on more Trump tariff relief. Most Asian stocks rose on Tuesday amid persistent hopes that U.S. President Donald Trump will grant more exemptions from his trade tariff…
MARKET UPDATE
Asia stocks jump, Hang Seng up over 2%. Asian stocks rose sharply on Monday, with Hong Kong’s Hang Seng index up the most on gains in technology after U.S. authorities…
MARKET UPDATE
Dollar sinks to decade-low vs Swiss franc. The dollar slumped on Friday as waning confidence in the U.S. economy prompted investors to ditch U.S. assets to the benefit of safe…
MARKET UPDATE
US stock futures lower. U.S. stock index futures turned negative in Asian trade on Thursday, reversing early gains as Chinese tariffs on U.S. goods came into effect, signalling another day…
MARKET UPDATE
Oil sinks 4% as US kicks off. Oil prices dropped to their lowest in more than four years on Wednesday on looming demand concerns fuelled by an escalating tariff war…
U.S. stock futures jump
U.S. stock index futures soared Tuesday, after a bout of heavy volatility in the prior session, amid a great deal of uncertainty surrounding the future trajectory of U.S. President Donald…
MARKET UPDATE
Asia stocks rebound. Asian stock markets staged a modest recovery on Tuesday, rebounding from the previous session’s steep losses driven by escalating global trade tensions. Most regional stock indices saw…
MARKET UPDATE
Asia stocks sink: China & Japan lead losses. Asian stocks tumbled further on Monday as a broad market sell-off deepened amid an escalating global trade war triggered by U.S. President…
MARKET UPDATE
Asia FX extends gains as dollar slumps. Asian currencies extended gains on Friday as the U.S. dollar held near six-month lows, pressured by mounting fears that President Donald Trump’s sweeping…
Shares slide, US Treasuries rally
Financial markets were gripped by recession fears as stocks extended a punishing global selloff on Friday in the wake of U.S. President Donald Trump’s sweeping tariffs, helping drive a rally…
MARKET UPDATE
Asia stocks slide. Asian stocks tumbled on Thursday, with Japan leading the declines, after U.S. President Donald Trump unveiled sweeping 10% tariffs on most imports and much higher reciprocal duties…
MARKET UPDATE
Gold prices edge lower from record highs. Gold prices inched lower in Asian trading on Wednesday after hitting an all-time high in the previous session, as traders awaited specific details…
MARKET UPDATE
Asia stocks slide as Trump tariffs loom. Most Asian stocks fell sharply on Monday as risk aversion grew in anticipation of more trade tariffs from U.S. President Donald Trump this…
MARKET UPDATE
Bitcoin price today falls below $86k. Bitcoin fell on Friday amid a broader risk-off mood as global trade tensions escalated ahead of U.S. reciprocal tariffs, while investors cautiously awaited a…
Auto industry rocked by Trump’s 25% tariffs on US imports
U.S. automakers and their global rivals were rocked on Wednesday by President Donald Trump’s announcement that he would impose 25% tariffs on all vehicles and foreign-made auto parts imported into…