MARKET UPDATE
Dollar slumps to 8-week low vs yen. The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as investor…
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MARKET UPDATE
Gold prices hit record high. Gold prices hit a record high in Asian trade on Wednesday as safe haven demand for the yellow metal was underpinned by persistent concerns over…
Oil prices fall as US-China trade dispute weighs
Oil prices fell Tuesday, retreating from the previous session’s surge, after US President Donald Trump announced a one-month delay on newly imposed tariffs on imports from Canada and Mexico. At…
MARKET UPDATE
Bitcoin price today bounces back to $99k. Bitcoin and other major cryptocurrencies rebounded on Tuesday as markets cheered U.S. President Donald Trump’s decision to postpone new tariffs on Canada and…
MARKET UPDATE
Asia stocks plunge as Trump tariffs spark. Asian stocks slumped on Monday in a broad-based sell-off as U.S. President Donald Trump’s declaration of trade tariffs on China, Canada, and Mexico,…
Forex markets brace for Canada, Mexico as US tariff deadline looms
A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased volatility, FX options signal, with the Canadian dollar in the…
MARKET UPDATE
Asia FX tumbles as Trump tariff threats rattle markets. Asian currencies declined on Friday, led by sharp losses in the South Korean won and Malaysian ringgit, as markets were rattled…
MARKET UPDATE
Gold prices steady as dollar jumps. Gold prices were largely steady in Asian trading on Tuesday after falling more than 1% the previous day, as the U.S. dollar rebounded sharply…
MARKET UPDATE
Gold prices steady as dollar jumps. Gold prices were largely steady in Asian trading on Tuesday after falling more than 1% the previous day, as the U.S. dollar rebounded sharply…
MARKET UPDATE
Asia FX rebounds on Trump’s rate cut calls. Most Asian currencies rebounded on Friday as the dollar weakened following President Donald Trump’s call for interest rate cuts, while the Japanese…
Dollar treads water
The dollar traded in narrow ranges against major peers on Thursday, as the currency continued to struggle for direction in the absence of concrete announcements on tariffs from U.S. President…
MARKET UPDATE
Asia FX extends losing streak. Most Asian currencies edged lower on Thursday, extending their subdued performance amid concerns over new U.S. tariffs under Donald Trump’s administration, while attention shifted to…
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…
MARKET UPDATE
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 to increase LNG imports as gas inventories deplete
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
MARKET UPDATE
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…
Stocks wobble ahead of US jobs data
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…