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…
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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…
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…
MARKET UPDATE
Asia FX weakens with dollar near 2-year peak. Most Asian currencies weakened on Friday, while the dollar sat near its strongest level in over two years as traders braced for…
MARKET UPDATE
Stocks slip, dollar boosted by US rate outlook. Global stocks slid, with European shares set for a weak open on Wednesday as worries over U.S. inflation resurfaced and bond yields…
MARKET UPDATE
Asia FX muted as markets weigh Trump tariffs. Most Asian currencies moved in a tight range on Tuesday as traders gauged the potential for less strict trade tariffs under incoming…
MARKET UPDATE
European stocks edge largely lower. European stock markets traded largely lower Friday, with doubts remaining over valuations going forward given the weak state of regional economies. At 03:10 ET (08:10…
MARKET UPDATE
Gold prices edge up as dollar weakens. Gold prices rose slightly in Asian trade on Thursday, extending their strong performance from 2024 as a weaker U.S. dollar provided support, while…
MARKET UPDATE
Asia FX set for yearly losses. Most Asian currencies edged lower on Tuesday and headed for yearly losses as the dollar remained strong heading into 2025, while the Chinese yuan…
MARKET UPDATE
European stocks slip. European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the end of a positive year for regional…
MARKET UPDATE
Gold prices edge up, remains pressured by strong dollar. Gold prices edged higher in Asian trade on Tuesday, extending their tepid performance as investors still remained cautious with the rising…
MARKET UPDATE
Oil gains as cooling US inflation. Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next…
MARKET UPDATE
Dollar set to end week on a high. The dollar was set to cap the week on a strong note on Friday as it notched a two-year high bolstered by…
MARKET UPDATE
Asian stocks fall after Fed flags slower rate cuts. Asian stocks slipped and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it…
MARKET UPDATE
Gold prices steady ahead of Fed rate decision. Gold prices were largely steady in Asian trade on Wednesday after falling in the previous session, as the Federal Reserve kicked off…
MARKET UPDATE
Asia stocks mixed ahead of major interest rate decisions. Asian stocks were mixed on Tuesday as markets awaited interest rate decisions from major central banks later this week, while weak…
MARKET UPDATE
Asia FX gains on Fed rate cut bets. Most Asian currencies edged higher on Friday as the dollar weakened on persistent expectations of a rate cut by the U.S. Federal…