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Yen Falters Amid US Election Pressures
2024-10-28
U.S. job strength and Trump’s election gains boosted the dollar, pushing the yen near 150 and fueling intervention expectations.
Loonie Closer to Key Support on Easing Policy
2024-10-25
The Canadian dollar rebounded from an 11-week low on Thursday after the BOC cut rates significantly, while the greenback extended its gains.
US Stocks Muted as Investors Await Key Earnings
2024-10-24
US stocks retreated from record highs and six straight weekly gains on Monday as Treasury yields rose, with investors wary of high valuations.
Silver Keeps Pace with Gold in the Fog of War
2024-10-24
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
2024-10-23
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.
Euro Parity is More Likely Now
2024-10-22
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.
Dow Nabs Closing Record on TSMC's Buoyant Report
2024-10-22
The Dow hit its fourth record close in five sessions on Thursday, boosted by strong retail sales and TSMC's positive forecast.
Why European Stocks Face a Lower Bar in Today’s Market?
2024-10-21
Analysts have lowered their earnings forecasts for European companies at the fastest rate in seven months, expecting less impact on stock prices.
Bullion Eyes Record High Despite Dollar Comeback
2024-10-18
Gold reached its peak as Treasury yields fell. LBMA delegates forecast gold at $2,941 and silver at $45 within 12 months.
Oil Prices Stabilize After Sharp Decline
2024-10-18
Oil rose in early Asian trade Wednesday amid Middle East conflict uncertainty, after a $5 drop earlier this week to the lowest since early October.
Aussie Dollar Tug of War Analysis
2024-10-18
Institutional investors' long positions on the Australian dollar are at a high not seen since March 2021, as the Reserve Bank likely keeps rates high.
China Stocks Whipsaw After Soft Data
2024-10-16
China's A50 index was flat Tuesday as disappointing data revealed a decline in September consumer inflation and deeper producer price deflation.
Euro Barely Moves with Oct Rate Cut Priced In
2024-10-16
The euro was flat on Monday after ECB chief Lagarde hinted at a rate cut this month, following two cuts this year amid economic weakness.
Wall Street Says Sterling's Rally has Further to Run
2024-10-15
Wall Street is bullish on the pound, expecting it to hit 1.35 by year-end and 1.40 in 12 months, though some investors are neutral on sustainability.
Bullish Oil Bets Rise Amid Israel Uncertainty
2024-10-14
Oil futures had their largest gain in over a year last week and are on track for another increase, despite a strong dollar and active options trading.
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