Market Insights
Trading Tools
Asian stocks rose on Thursday, following Wall Street's tech rally. Japan's Nikkei 225 surged 3%, while Chinese markets continued to struggle.
July inflation rose as expected due to higher housing costs, increasing the chance of a September rate cut, says the Labor Department.
The Canadian dollar rose from a 3-week low as oil steadied, and the BOC cited challenges in hitting its 2% inflation target.
US stocks rebounded Monday following the S&P 500's worst week of 2023, with investors focusing on inflation and its influence on potential rate cuts.
Asian stocks fell to a three-week low on Monday, led by Japan, after US jobs data suggested the Fed may have delayed cutting interest rates too long.
US job growth in July slowed more than expected, raising fears of a broader economic slowdown and causing risky assets to tumble throughout the month.
Oil prices rose slightly on Friday, as investors balanced a large US crude inventory draw and OPEC+ production delays with mixed US employment data.
Bullion steadied Thursday below $2500 after a market sell-off. It is expected to remain near this level until the NFP report is released.
Global stock futures and Treasury yields fell on Wednesday as a tech selloff raised concerns about the U.S. economic outlook.
The UK government stated it has "no plans" to rejoin Erasmus+, surprising many as the new PM focuses on resetting relations with the EU.
The Swiss franc eased Tuesday, but as investors use it over the yen for carry trades, the risk of a rapid rally remains a constant concern.
Germany’s DAX Index set a new record last session, rebounding from August’s selloff on renewed optimism about interest rates.
An important Fed gauge showed June inflation eased slightly from last year, paving the way for a widely expected September rate cut.
Sterling remained at a 2-year high Friday, with analysts warning that speculative rate bets driving the rise could quickly reverse.
