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Crude Prices Edge Up on Balanced Market
2024-07-12
Oil prices rose early Friday in Asia due to strong summer demand and easing US inflation, boosting investor confidence.
US CPI June - U.S. Prices are Unexpectedly Flat
2024-07-11
In May, US consumer prices were flat as cheaper gasoline offset higher rental costs, but inflation remains too high for Fed rate cuts.
More Short-Selling Curbs Send Chinese Stocks Higher
2024-07-11
The FTSE China A50 Index and Hang Seng Index rebounded sharply Thursday but still lag other major stock markets that hit record highs this year.
Retail Interest in Japan Stocks Mirrors Wall Street
2024-07-11
Japan’s Nikkei 225 hit a new record high with a nearly 2% rise on Tuesday, fueled by surging investor interest from both local and foreign markets.
Bulls Yet to Have Tired Legs as Tech Stocks Advance
2024-07-10
Global equities fell Tuesday, Treasury yields rose on Powell's cautious tone, while the S&P 500 and Nasdaq 100 continued their record highs.
Gold Prices Wobble as Asia Purchase Stalls
2024-07-09
Gold steadied on Tuesday after a 1% decline due to a stock market rally and investor profit-taking. Asian buying enthusiasm also cooled down.
French Stocks Eye Relief Rally After Leftists' Victory
2024-07-08
European shares fell on Friday due to losses in banks and energy stocks ahead of France's second round of parliamentary elections.
Labour's Landslide: Impact on Large-Cap UK Stocks
2024-07-05
Labour achieved a historic landslide victory in the UK election, returning to power after 14 years. The outcome aligned closely with exit polls.
June NFP - Unemployment Rate Increase to 4%
2024-07-05
In May, the US added 272k non-farm jobs, surpassing Wall Street's expected 185k, with a slight uptick in unemployment to 4%.
Australian dollar hits six-month high due to iron ore rally
2024-07-05
The Australian dollar hit a 6-month high on Friday on the US slowdown and iron ore price rise, driven by China steel demand bets.
Gold Hit Near Two-week High on US Slowing
2024-07-04
Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.
Jun ADP - Private sector jobs increased by 152,000
2024-07-03
The ADP report showed 152K nonfarm private jobs were added in May, down from 188K in April and lower than the expected 173K gain.
Stock Investors Embrace High Concentration and Valuation
2024-07-03
The US stock market rose over 14% in H1, led by tech giants Nvidia, Microsoft, Amazon, Meta, and Apple, boosting the S&P 500's performance.
Nikkei Perches Above 40,000 Despite Weaker Yen
2024-07-03
Asia-Pacific markets rose as Fed Chair Powell noted progress on inflation. Nikkei 225 surpassed 40,000 for the first time since March.
Oil Steadies Around 2-Month High on Travel Hopes
2024-07-02
Oil prices remained steady on Tuesday, near two-month highs, due to expected rising fuel demand from the travel season.
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