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US stocks firm after a nightmare week
2024-09-10
US stocks rebounded Monday following the S&P 500's worst week of 2023, with investors focusing on inflation and its influence on potential rate cuts.
DAX 40 Hits Record High with Worrying Outlook
2024-09-09
Germany’s DAX Index set a new record last session, rebounding from August’s selloff on renewed optimism about interest rates.
Tide May Be Turning Across Europe
2024-09-03
The UK government stated it has "no plans" to rejoin Erasmus+, surprising many as the new PM focuses on resetting relations with the EU.
Swiss franc carry trades could blow up
2024-09-03
The Swiss franc eased Tuesday, but as investors use it over the yen for carry trades, the risk of a rapid rally remains a constant concern.
July PCE Price Index Shows Steady Decline in Prices
2024-09-03
An important Fed gauge showed June inflation eased slightly from last year, paving the way for a widely expected September rate cut.
Sterling Rally Looks Shaky Amid Excess Speculative Bets
2024-09-03
Sterling remained at a 2-year high Friday, with analysts warning that speculative rate bets driving the rise could quickly reverse.
Oil in the Doldrums Despite Libya's Lower Output
2024-08-30
Oil prices stayed steady Thursday as a smaller US crude draw and worries over China demand balanced out Libyan supply disruptions.
Dow Smashes All-time High Before Nvidia Report
2024-08-30
The S&P 500 rose on Tuesday, while the Dow Jones hit a record high. Both await Nvidia's quarterly report and upcoming economic data later this week.
Yen Slips Amid Hopes for Continued Rally
2024-08-30
On Tuesday, the yen fell from a three-week high as carry trades unwound aggressively. Strategists warn the unwinding might not be over yet.
Bullion Meanders After Powell's Dovish Remarks
2024-08-30
Gold hovered near last week's peak, driven by fund inflows and rate-cut hopes after Powell's dovish Jackson Hole speech.
Falling Inventories Offer Oil Market a Reprieve
2024-08-29
Oil prices remained steady but are expected to drop this week due to weaker US employment data and reduced supply concerns from Gaza ceasefire talks.
US Equities Pause Amid Rotation Trend
2024-08-29
US shares stalled Wednesday after a rebound neared record highs. They've been volatile this month after a surprisingly weak NFP report.
Japan Stocks Head South but Optimism Remains
2024-08-29
Japan's market fell below 38,000 as risk sentiment ebbed. Foreign investors sold futures but bought cash equities, showing sustained confidence.
Norwegian Krone's Freefall Assails Government
2024-08-28
The Norwegian krone, one of the worst-performing top 10 currencies this year, hit record lows against the US dollar and euro on Tuesday.
Bullion Within a Whisker of a Fresh All-Time High
2024-08-28
Gold retreated from its $2,500 high on Monday but remained strong, bolstered by hopes of a Fed rate cut at the next meeting.
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