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​Gold bulls gain confidence from Chinese buying
​Gold bulls gain confidence from Chinese buying
2024-12-11
Gold prices hit a two-week high, fueled by rising geopolitical tensions, PBOC buying, and expectations of a third Fed rate cut.
​Chinese stocks jump after stimulus vow
​Chinese stocks jump after stimulus vow
2024-12-10
China stocks surged on rate cuts and consumption boosts, while global stocks remained cautious ahead of US inflation data.
​Doldrums in the Gold Market Remain
​Doldrums in the Gold Market Remain
2024-12-10
Gold held steady Thursday as US payrolls rose moderately and investors reacted to comments from Fed Chair Jerome Powell.
Nov ADP - U.S. Job Growth Hits All-time High in October
Nov ADP - U.S. Job Growth Hits All-time High in October
2024-12-10
ADP reported private job creation hit a year-high in October, despite storms in the Southeast and major labor disruptions.
​DAX Hits a Fresh Peak But Challenges Remain
​DAX Hits a Fresh Peak But Challenges Remain
2024-12-10
The DAX 40 reached a new high on Tuesday, driven by strong performances in technology, financial, and industrial sectors, despite multiple headwinds.
Funds flocked to US market last month
Funds flocked to US market last month
2024-12-09
The Nasdaq 100 and S&P 500 hit record highs, fueled by upbeat outlooks and US jobs data raising expectations of a Fed rate cut.
NFP - US Unemployment Rate Remains at 4.1%
NFP - US Unemployment Rate Remains at 4.1%
2024-12-09
US job growth slowed in October due to hurricanes and strikes, but the unemployment rate held steady at 4.1%, indicating a stable labor market.
​Crude oil slips with focus on demand
​Crude oil slips with focus on demand
2024-12-06
Oil prices fell in early Asian trading, as weak demand outweighed OPEC+'s supply delay and extended output cuts until 2026.
​Yen seems more appealing than Swiss franc
​Yen seems more appealing than Swiss franc
2024-12-03
Japan's inflation tops 2%, the yen rises, and Ishiba pushes wage hikes. Switzerland faces tariff risks, threatening economic growth.
​Euro Dragged Lower by Political Turmoil
​Euro Dragged Lower by Political Turmoil
2024-12-03
The dollar rose on Tuesday as political turmoil in France weakened the euro, which was the weakest G10 currency last month.
​Loonie Keeps Falling on Lacklustre Data
​Loonie Keeps Falling on Lacklustre Data
2024-12-03
The Canadian dollar fell after three months of decline, as slowing growth and 2% inflation weakened it against the strong USD.
​Aussie Muted Against Kiwi Amid Tariff Threat
​Aussie Muted Against Kiwi Amid Tariff Threat
2024-11-29
The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.
​Oil Prices Meander On OPEC's Efforts
​Oil Prices Meander On OPEC's Efforts
2024-11-29
Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.
​PCE price index Oct - Overall inflation was 2.1%
​PCE price index Oct - Overall inflation was 2.1%
2024-11-27
September's Core PCE rose 2.7%, slightly above the 2.6% forecast, reinforcing the case for slower interest rate cuts after a large reduction.
​Wall St rises but carmakers suffer
​Wall St rises but carmakers suffer
2024-11-27
US stocks hit record highs on Tuesday, driven by a tech rebound and investor reactions to Trump’s tariff pledges and the latest Fed minutes.