MARKET UPDATE
Asian shares up on Wall St tech boost. Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after U.S. core inflation…
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MARKET UPDATE
Asia FX firms, yen at 8-mth peak. Most Asian currencies gained ground on Wednesday as the dollar retreated in the wake of a fiery U.S. presidential debate, with focus turning…
MARKET UPDATE
Asian stocks rise with inflation in focus. Most Asian stocks rose on Tuesday tracking an overnight rebound in Wall Street as investors looked to upcoming inflation data for more cues…
MARKET UPDATE
Dollar steadies, Yen slips. The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal…
MARKET UPDATE
Oil steadies ahead of key US jobs report. Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key U.S. employment data as they weighed…
MARKET UPDATE
European stocks slip lower. European stock markets drifted lower Thursday, trading in a subdued manner ahead of the key monthly US jobs report amid renewed concerns over the prospects for…
Nvidia sell-off, growth concerns
Nvidia sell-off, growth concerns Shares across the world fell on Wednesday, pummelled by a drop in tech stocks after a record sell-off for U.S. chipmaker Nvidia (NASDAQ:NVDA) and as expectations…
MARKET UPDATE
European stocks fall on growth concerns. European stock markets fell Wednesday, following the sharp selloff seen on Wall Street overnight as growth concerns weighed heavily on the market-leading tech giants.…
MARKET UPDATE
Oil prices fall. Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that overshadowed the impact of the…
MARKET UPDATE
Oil extends losses on weak China data. Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China…
MARKET UPDATE
Gold prices dip as PCE data looms. Gold prices fell slightly in Asian trade on Friday, but remained close to record highs as markets awaited more cues on interest rates…
MARKET UPDATE
Nvidia shares fall despite results. Nvidia reported Wednesday better-than-expected Q2 results, and the chipmaker announced a $50B stock buyback program. NVIDIA Corporation (NASDAQ:NVDA) dropped more than 4% in premarket trading…
MARKET UPDATE
Gold prices pulled off record high. Gold prices fell slightly in Asian trade on Wednesday as the dollar recovered from 13-month lows, with focus remaining on key upcoming inflation data…
MARKET UPDATE
Asian stocks edge lower. Most Asian stocks fell on Tuesday, with sentiment towards Chinese markets worsening after Canada joined the U.S. and Europe in imposing steep import tariffs on the…
MARKET UPDATE
Asian stocks edge higher. Asian stocks were a mixed bag on Monday, taking some support from expectations of lower U.S. interest rates although Japanese markets retreated amid pressure from the…
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…
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…