MARKET UPDATE
European shares flat after best week. European shares opened flat on Monday, following their best weekly jump in three months, as investors prepared for another data-heavy week, with focus on…
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MARKET UPDATE
Dollar firm as US data quiets recession worries. The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers…
MARKET UPDATE
Oil prices steady. Oil prices were largely steady on Thursday as optimism built that potential U.S. interest rate cuts will boost economic activity and fuel consumption but concerns over slower…
Oil gains on Middle East war concerns
Oil prices climbed on Wednesday after an industry report showed U.S. crude and gasoline inventories fell and as the market watched for a possible widening of the Israel-Gaza war, which…
MARKET UPDATE
Gold prices close to record highs. Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing…
MARKET UPDATE
Gold prices fall, but record high in sight. Gold prices fell in Asian trade on Tuesday but remained close to record highs as safe haven demand was buoyed by fears…
MARKET UPDATE
Oil extends gains for fifth straight session. Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as U.S. recession fears…
MARKET UPDATE
Asian stocks rise on cooling recession fears. Asian stocks rose on Friday amid cooling fears that a U.S. recession was imminent, while mildly positive inflation data from China also helped…
MARKET UPDATE
Stock Market Today, S&P 500 closes lower. The S&P 500 reversed early-day gains to close Wednesday, as a slump in Super Micro Computer pressured chips stocks, weighing on the broader…
MARKET UPDATE
Asian stocks rise, Nikkei extends rebound. Most Asian stocks rose on Wednesday as they recovered from steep losses earlier this week, while Japanese markets rose sharply following some encouraging comments…
MARKET UPDATE
Japanese shares rally hard after biggest sell-off since 1987. Japanese stocks rebounded sharply on Tuesday from the previous session’s searing sell-off and double-digit losses as Federal Reserve comments and data…
Slumping US futures, Nikkei’s hefty fall
Wall Street looks set to start the week with hefty losses on concerns that the U.S. economy is slowing down rapidly. Japan’s Nikkei index entered bear market territory earlier in…
MARKET UPDATE
Bitcoin price today plummets to $51k. Bitcoin price plummeted to a more than five-month low on Monday, tracking a broader decline in financial markets as growing fears of a U.S.…
MARKET UPDATE
Gold prices in sight of record high. Gold prices rose in Asian trade on Friday and were in sight of a record high as a rout in global markets, amid…
MARKET UPDATE
Meta’s Frankfurt-listed shares rise 7.9%. Meta Platforms (NASDAQ:META) shares rose 7.9% in Frankfurt in thin volumes on Thursday, after the U.S. tech giant beat market expectations for second-quarter revenue on…
MARKET UPDATE
Oil rebounds after Hamas leader killed in Iran. Oil futures rebounded more than $1 a barrel from 7-week lows on Wednesday after the killing of Hamas leader Ismail Haniyeh in…
Commodities slip, stocks steady ahead of Fed, BOJ rate decisions
Oil prices hit seven-week lows on Tuesday as a softening demand outlook weighed on commodities, while bond, currency and stock markets traded cautiously ahead of central bank meetings in the…
MARKET UPDATE
Oil prices dip below $80. Oil prices fell to a near two-month low in Asian trade on Tuesday as a lack of immediate escalation in tensions between Israel and Hezbollah…
MARKET UPDATE
Oil prices rise on fears of wider Middle East conflict. Oil prices rose on Monday, paring last week’s loss, on fears of a widening conflict in the Middle East following…
MARKET UPDATE
Yen steadies, Asian stocks stabilize. The yen stabilized near a 12-week high against the dollar on Friday while Asia-Pacific equity markets found their feet, a day after their worst session…