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​Magnificent Seven is losing lustre
​Magnificent Seven is losing lustre
2025-05-23
Rising U.S. Treasury yields and growing U.S.-China trade tensions caused a sharp sell-off in U.S. tech stocks, with Apple and Tesla hardest hit.
Yen strengthens on hot inflation
Yen strengthens on hot inflation
2025-05-23
The yen rose on Friday, set for a 1.4% weekly gain, as Japan's core inflation hit its fastest pace in over two years, boosting rate hike hopes.
​Crude prices down on US crude build
​Crude prices down on US crude build
2025-05-22
Oil prices fell as US crude inventories rose unexpectedly, raising demand fears, while Iran nuclear talks renewed. Benchmark down 13% this year.
Gold ticks up with budget deadlock
Gold ticks up with budget deadlock
2025-05-21
Gold prices rose to a one-week high Wednesday as US fiscal uncertainty boosted safe-haven demand. Trump pressures Republicans to back his budget plan.
​Foreign investors back to Chinese equity market
​Foreign investors back to Chinese equity market
2025-05-20
Morgan Stanley data shows hedge funds increased Chinese stock holdings, driven by U.S.-China trade progress and policy stimulus.
​EU-UK reset pushes pound higher
​EU-UK reset pushes pound higher
2025-05-20
The pound trimmed gains Tuesday after Britain and the EU agreed on a major trade and defense deal; the weak dollar eyed trade talks.
​Yuan firms in the wake of US credit blow
​Yuan firms in the wake of US credit blow
2025-05-19
On May 19, the dollar eased in early Asian trade as markets reacted to weakened US assets; April retail sales showed fading pre-tariff buying momentum.
​Yen hard to get a boost from surging yields
​Yen hard to get a boost from surging yields
2025-05-16
In April, overseas investors made significant purchases of Japanese assets, driving active trends in Japanese bond capital flows.
EU firms yet to get out of the hole
EU firms yet to get out of the hole
2025-05-16
European shares closed higher Thursday, led by industrials. Despite the new trade truce, uncertainty still clouds European firms' outlook.
​Doom and gloom for greenback
​Doom and gloom for greenback
2025-05-15
China-US talks progress, but trade war not over. Yuan rise supports Asian currencies, speeding decline of US dollar status.
Wall St back in green with Nvidia jumping
Wall St back in green with Nvidia jumping
2025-05-14
S&P 500 and Nasdaq 100 rose for a second day as cooling inflation and easing US-China trade tensions boosted investor optimism.
​Yen weighed down by brighter US outlook
​Yen weighed down by brighter US outlook
2025-05-13
The yen fell Tuesday as the dollar rose after trade war eased. U.S. tariffs on Chinese goods drop from 145% to 30%, China’s to 10% from 125%.
​Aussie up on progress in US-China trade deal
​Aussie up on progress in US-China trade deal
2025-05-12
The Australian dollar rose after US-China weekend talks announced a trade deal. Though details are unclear, any easing may boost sentiment.
​Japan and Europe seen as shelters against tariff barrage
​Japan and Europe seen as shelters against tariff barrage
2025-05-09
U.S. stocks fall three days in a row, hitting consumer discretionary, with Tesla's market value shrinking and capital flowing to Europe and Japan.
​Pound pares gains following limited trade deal
​Pound pares gains following limited trade deal
2025-05-09
Sterling rallied on trade deal hopes but fell to a three-week low of 1.3220 Friday after the agreement proved limited.