MARKET UPDATE
Asia FX edges lower, dollar steadies. Most Asian currencies moved in a flat-to-low range on Monday, while the dollar steadied from recent swings as focus turned squarely to upcoming U.S.…
Asia FX edges lower, dollar steadies. Most Asian currencies moved in a flat-to-low range on Monday, while the dollar steadied from recent swings as focus turned squarely to upcoming U.S.…
Gold prices rise, set for weekly gains. Gold prices rose in Asian trade on Friday, extending overnight gains as more signs of a cooling U.S. labor market weighed on the…
Gold prices tread water as dollar holds firm. Gold prices moved little in Asian trade, hovering well below recent record highs as investors remained largely biased towards the dollar before…
Asia FX weakens, dollar firm. Most Asian currencies weakened on Wednesday, while the dollar firmed as comments from Federal Reserve officials saw markets rethink expectations for U.S. interest rate cuts.…
Amazon to spend nearly $9 billion to expand cloud. Amazon.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore,…
European shares opened on a sombre note on Thursday as investors returned after a mid-week holiday to parse a slew of big-ticket earnings and the Federal Reserve signalling a delay…
Oil prices rebound. Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world’s biggest crude consumer, to start…
Asia FX weak as Fed jitters grow. Most Asian currencies fell on Tuesday as anticipation of a Federal Reserve meeting this week kept traders largely biased towards the dollar, with…
Gold prices tread water as Fed meeting looms. Gold prices moved little in Asian trade on Monday, seeing little relief from recent losses as traders continued to price in higher-for-longer…
The dollar softened on Thursday as traders assessed the U.S. interest rates outlook in the wake of comments from Federal Reserve officials that cemented expectation of monetary settings remaining restrictive…
Asia FX sees some relief as dollar retreats. Most Asian currencies crept higher on Thursday, seeing some breathing room as the dollar retreated from an over five-month peak, although fears…
Oil prices dip as concerns outweigh Middle East supply. Oil prices extended losses in early trade on Wednesday as worries about global demand due to weak economic momentum in China…
Asian shares slide on US rate cut. Asian stocks sank and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected U.S. retail sales for March further reinforced…
Gold prices rise, record highs in sight. Gold prices rose in Asian trade on Monday and were in sight of record highs as demand for safe havens was boosted by…
Bitcoin price today: recovers to $70k. Bitcoin price showed surprising resilience on Thursday, remaining close to record highs even as hotter-than-expected U.S. inflation data pushed up the dollar and battered…
Gold prices hit record highs. Gold prices hovered just below record highs in Asian trade on Wednesday, as safe haven demand for the yellow metal was boosted in anticipation of…
US dollar skids ahead of inflation data. The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year…
Asia stocks muted and dollar steady. Asian shares started the week on a subdued note on Monday, while the dollar was steady as investors weighed when the U.S. Federal Reserve…
The monthly U.S. labor market report due later Friday, a release that could make or break the case for a first Federal Reserve rate cut in June. The U.S. economy…
Happy Friday, traders. Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…