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​Oil Increases More Than $1 on Iran Attack Report
​Oil Increases More Than $1 on Iran Attack Report
2024-11-01
Oil prices rose over $1 a barrel on Friday, reducing weekly losses amid rising Middle East tensions from reports of Iran's planned strike on Israel.
​US Equities Dragged Lower by Chip Makers
​US Equities Dragged Lower by Chip Makers
2024-10-31
US stock indexes fell on Wednesday due to a drop in chip stocks, but the S&P 500 is still on track for its sixth month of gains.
Euro Poised for Significant Downtrend
Euro Poised for Significant Downtrend
2024-10-31
Goldman Sachs predicts that if Trump imposes tariffs after his election, the euro may fall below parity against the dollar, with a drop of 8-10%.
​Gold Reaches Historic High Despite Weak China Demand
​Gold Reaches Historic High Despite Weak China Demand
2024-10-30
Gold prices hit a record high on Wednesday due to uncertainties from the US election and the Middle East conflict, despite a strong dollar.
​October ADP - U.S. Income Rose 4.7% in September
​October ADP - U.S. Income Rose 4.7% in September
2024-10-30
The ADP report showed that the number of new jobs in the U.S. private sector reached 143,000 in September, exceeding analysts' expectations of 128,000.
​Crude Edges Up Following Worst Day in Two Years
​Crude Edges Up Following Worst Day in Two Years
2024-10-29
Oil prices rose Tuesday as the U.S. plan to buy 3 million barrels for SPR offered support, with Middle East developments remaining a key market focus.
​Yen Plunges After Ruling Coalition Loses Majority
​Yen Plunges After Ruling Coalition Loses Majority
2024-10-28
The yen fell to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority, likely slowing rate hikes.
​Yen Falters Amid US Election Pressures
​Yen Falters Amid US Election Pressures
2024-10-25
U.S. job strength and Trump’s election gains boosted the dollar, pushing the yen near 150 and fueling intervention expectations.
​Sterling Wobbles with Labour Budget Around the Corner
​Sterling Wobbles with Labour Budget Around the Corner
2024-10-25
Sterling remained flat Friday ahead of Labour’s budget next week, with UK assets pressured by the party’s stance on potential tax changes.
​Loonie Closer to Key Support on Easing Policy
​Loonie Closer to Key Support on Easing Policy
2024-10-24
The Canadian dollar rebounded from an 11-week low on Thursday after the BOC cut rates significantly, while the greenback extended its gains.
​Silver Keeps Pace with Gold in the Fog of War
​Silver Keeps Pace with Gold in the Fog of War
2024-10-23
Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.
Asian Funds Face Uncertainty in Late 2024
Asian Funds Face Uncertainty in Late 2024
2024-10-22
A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.
​US Stocks Muted as Investors Await Key Earnings
​US Stocks Muted as Investors Await Key Earnings
2024-10-22
US stocks retreated from record highs and six straight weekly gains on Monday as Treasury yields rose, with investors wary of high valuations.
​Euro Parity is More Likely Now
​Euro Parity is More Likely Now
2024-10-21
The euro steadied after the ECB's second rate cut but saw its third weekly loss vs. the dollar and its worst drop vs. the pound this year.
Why European Stocks Face a Lower Bar in Today’s Market?
Why European Stocks Face a Lower Bar in Today’s Market?
2024-10-18
Analysts have lowered their earnings forecasts for European companies at the fastest rate in seven months, expecting less impact on stock prices.