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…
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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…
MARKET UPDATE
Asia stocks retreats. Most Asian stock markets declined on Thursday as investors were cautious about the U.S. interest rate outlook after a stubbornly strong inflation print, while South Korean stocks…
MARKET UPDATE
Asia stocks drift lower. Most Asian stocks retreated on Wednesday with focus turning to key U.S. economic data for more cues on interest rates, while Chinese markets rose despite heightened…
MARKET UPDATE
Gold prices edge higher on Trump tariff threat. Gold prices rose slightly in Asian trade on Tuesday as threats of more trade tariffs from president-elect Donald Trump buoyed demand for…
MARKET UPDATE
Gold prices rise as Russia-Ukraine fuel haven demand. Gold prices rose in Asian trade on Thursday as heightened tensions between Russia and Ukraine underpinned safe haven demand, helping bullion weather…
MARKET UPDATE
Gold prices extend recovery. Gold prices rose in Asian trade on Tuesday, extending a recovery from two-month lows as the dollar retreated from recent peaks, while increased tensions between Russia…
MARKET UPDATE
Oil nudges up after Russia-Ukraine tensions escalate. Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China,…
MARKET UPDATE
Gold prices steady but head for worst week since 2021. Gold prices steadied in Asian trade on Friday, but were nursing their worst weekly performance in over three years as…
MARKET UPDATE
Asia shares stumble. Asian stocks fell broadly on Thursday, while longer-dated U.S. bond yields rose alongside the dollar as investors assessed the monetary policy and inflation outlook in the world’s…
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…
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…
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…