MARKET UPDATE
Stocks slide on unease over jump in bond yields. Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that…
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MARKET UPDATE
Asia stocks drift lower. Most Asian stocks moved in a flat-to-low range on Tuesday as Chinese markets struggled after recent fiscal measures from Beijing underwhelmed, with focus turning to an…
MARKET UPDATE
Dollar underpinned before US inflation data. The dollar edged higher on Monday (NASDAQ:MNDY) as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while…
MARKET UPDATE
European markets slip lower. European stock markets edged lower Friday, as investors digested a volatile week that has included political turmoil, key central bank decisions as well as more corporate…
Gold and bitcoin to benefit From a second Trump presidency
Gold and bitcoin should both benefit from Donald Trump’s second presidency, according to JPMorgan strategists. Despite an initial negative reaction to the US election result, these assets should thrive due…
MARKET UPDATE
Gold prices nurse steep losses. Gold prices fell slightly in Asian trade on Thursday, extending steep losses from the prior session after Donald Trump’s victory in the 2024 elections sparked…
MARKET UPDATE
Dollar surges. The dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday and bitcoin jumped to an all-time high as so-called “Trump trades”…
MARKET UPDATE
Dollar limps into US Election Day. The dollar softened on Tuesday as traders squared positions on the day of the U.S. presidential election, after recent polls dented some market bets…
MARKET UPDATE
Asia stocks rise with China stimulus. Most Asian stocks rose on Monday with investors looking to more cues on fiscal stimulus from a meeting of China’s top policymakers this week,…
MARKET UPDATE
European stocks edge higher. European stock markets traded marginally higher Friday, with investors wary ahead of key US monthly jobs data and next week’s presidential election. At 04:05 ET (08:05…
European shares edge up on energy boost
European shares opened higher on Friday, helped by gains in energy stocks, but were set for their worst week in nearly two months. The pan-European STOXX 600 index rose 0.4%…
MARKET UPDATE
Oil prices rise on optimism. Oil prices rose on Thursday, extending the previous day’s rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline…
MARKET UPDATE
Asia shares stumble on China anxiety. Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have…
MARKET UPDATE
Oil prices little change. Oil prices were little changed on Tuesday after falling in the previous session as a U.S. plan to buy oil for the Strategic Petroleum Reserve (SPR)…
MARKET UPDATE
Asia stocks rise as Middle East fears ease. Most Asian stocks rose on Monday as concerns over the Israel-Iran conflict were soothed by a less severe than feared attack by…
MARKET UPDATE
Oil heads for weekly gain. Oil prices nudged higher on Friday and are on track for a weekly gain of more than 1%, as tensions in the world’s top oil-producing…
European stocks and U.S. futures rebound
European shares and U.S. stock futures rallied on Thursday after equity markets suffered a sell-off the previous day, while the dollar slipped as the euro, yen and pound perked up.…
MARKET UPDATE
Dollar stands tall on bets for slower Fed cuts. The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace…
MARKET UPDATE
Gold prices at record highs. Gold prices inched higher to a record high in Asian trade on Wednesday, extending a run of recent gains as anticipation of a tight U.S.…
MARKET UPDATE
Oil prices dip as Blinken arrives in Israel. Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and…