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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.
Nikkei 225 Recovers from Aug Rout
2024-10-11
The Nikkei 225 index advanced on Friday, regaining most of August's losses, while Chinese stocks lost some of their luster.
Chinese Stocks Undergo a Good Test
2024-10-11
Chinese stocks steadied Thursday after a sell-off, with analysts noting future momentum will depend more on fiscal policy than on monetary support.
US Stocks Gain Amid Wall St Bullish Views
2024-10-11
US stocks rallied on Friday as investor confidence in a soft landing grew. The escalating Middle East conflict may shift funds from Europe to the US.
China Stock Indices Diverge After Reopening
2024-10-11
China's A50 lost momentum after the National Day holiday, and the Hang Seng index fell over 10%, signaling trouble for FOMO buyers.
Bullish Bets Steady on Asian Currencies
2024-10-08
Analysts stayed bullish on Asian currencies, especially the Malaysian ringgit and Thai baht, as the US dollar weakened on dovish Fed expectations.
Bullion Remains Directionless After US Jobs Report
2024-10-07
Gold stayed below its September peak as US Treasury yields rose after strong jobs data, with emerging market central banks' purchases at a March low.
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