MARKET UPDATE
Dollar drifts higher. The dollar drifted slightly higher on Wednesday in indecisive trading as a lack of clarity on President Donald Trump’s plans for tariffs kept financial markets guessing. Trump…
Dollar drifts higher. The dollar drifted slightly higher on Wednesday in indecisive trading as a lack of clarity on President Donald Trump’s plans for tariffs kept financial markets guessing. Trump…
Gold prices steady amid rate. Gold prices steadied near a one-month high in Asian trade on Friday, as uncertainty over U.S. interest rates and policy under incoming President Donald Trump…
Europe is projected to increase its imports of liquefied natural gas (LNG) to meet its storage filling targets for the year, as gas inventories are rapidly depleting, according to a…
Asia stocks jump on US inflation relief. Asian stocks rose sharply on Thursday as markets cheered a softer U.S. inflation reading, while South Korea’s central bank left interest rates unchanged…
Japanese yen rises. The Japanese yen strengthened on Wednesday after the Bank of Japan (BOJ) Governor Kazuo Ueda indicated that the central bank may consider raising interest rates if economic…
Asia stocks mixed, Chinese shares surge. Asian stocks were mixed on Tuesday, with Chinese stocks jumping on reports of a gradual U.S. tariff increase under Donald Trump, while sharp declines…
Bitcoin price today falls for 3rd straight day. Bitcoin edged lower on Monday, falling for a third straight day as stronger-than-expected U.S. payroll data stoked caution among traders, reinforcing the…
Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound…
Asia FX weakens with dollar near 2-year peak. Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for…
Stocks slip, dollar boosted by US rate outlook. Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and bond yields…
Asia FX muted as markets weigh Trump tariffs. Most Asian currencies moved in a tight range on Tuesday as traders gauged the potential for less strict trade tariffs under incoming…
European stocks edge largely lower. European stock markets traded largely lower Friday, with doubts remaining over valuations going forward given the weak state of regional economies. At 03:10 ET (08:10…
European stocks dipped at the end of a holiday-shortened week, with traders focussed on economic data for clues on the path of interest rates as well as potential changes in…
Gold prices edge up as dollar weakens. Gold prices rose slightly in Asian trade on Thursday, extending their strong performance from 2024 as a weaker U.S. dollar provided support, while…
Asia FX set for yearly losses. Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan…
European stocks slip. European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a positive year for regional…
Gold prices edge up, remains pressured by strong dollar. Gold prices edged higher in Asian trade on Tuesday, extending their tepid performance as investors still remained cautious with the rising…
Oil gains as cooling US inflation. Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next…
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…
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,…