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Japanese Retail Traders Challenge Pros
Japanese Retail Traders Challenge Pros
2024-06-28
Japanese retail investors bet on yen reversal, pushing rates to new lows and risking Tokyo intervention.
May PCE Price Index Shows Stable April Inflation
May PCE Price Index Shows Stable April Inflation
2024-06-28
April inflation rose as expected, keeping markets on edge about rate cuts. Annual core inflation was 2.8%, the same as last month.
All Eyes on Friday with Yen Below 160
All Eyes on Friday with Yen Below 160
2024-06-27
The yen hovered near a 38-year low below 160 per dollar. Finance Minister Shunichi Suzuki said authorities would take the necessary actions.
Investors Bet on Continued Rally in US Gas
Investors Bet on Continued Rally in US Gas
2024-06-26
Oil prices fell early on Wednesday in Asia due to unexpected US stockpile jumps, which raised concerns about weaker demand trends.
Nikkei Reclaims 39,000 Despite Hopeless Yen
Nikkei Reclaims 39,000 Despite Hopeless Yen
2024-06-25
The yen hit a 34-year low of 160 per dollar on Tuesday, subduing Asian shares. Japan’s Nikkei 225 reached 39,000, its highest since June 11.
Tech Fatigue and Market Complacency Worry Investors
Tech Fatigue and Market Complacency Worry Investors
2024-06-24
The S&P 500 and Nasdaq 100 closed slightly lower Friday, with Nvidia shares declining for a second day, showing signs of big tech exhaustion.
Sterling Extends Rally Against Swiss Franc after Policy Decisions
Sterling Extends Rally Against Swiss Franc after Policy Decisions
2024-06-21
Sterling aimed for a third gain against the Swiss franc on Friday due to BOE and SNB policy divergence, but a sour market mood capped it.
Oil Prices Pull Back as China Data Disappoint
Oil Prices Pull Back as China Data Disappoint
2024-06-20
Oil prices dipped Wednesday from seven-week highs as demand optimism and conflict concerns offset a rise in US crude inventories.
UK Stocks Surge as French Market Struggles
UK Stocks Surge as French Market Struggles
2024-06-19
French stocks and the euro are volatile as France Euro 2024 star Mbappe calls on young people to get involved in politics.
Euro May Fall Further Against Swiss Franc Amid Fear
Euro May Fall Further Against Swiss Franc Amid Fear
2024-06-19
On Wednesday, EU political turmoil pushed the euro near mid-February lows against the Swiss franc, boosting safe-haven appeal.
AI Rally Goes On and On Even Without Rate Cuts
AI Rally Goes On and On Even Without Rate Cuts
2024-06-18
The S&P 500 and Nasdaq 100 hit record highs as tech shares surged on AI enthusiasm, with less concern over Fed rate cuts this year.
Gold Prices Drop with Lingering Political Uncertainty
Gold Prices Drop with Lingering Political Uncertainty
2024-06-17
Gold prices fell Monday as Treasury yields rose. Despite high prices, Asian retail buyers remain keen to purchase more of the precious metal.
Oil Prices on Track for Weekly Gain Heading into Summer
Oil Prices on Track for Weekly Gain Heading into Summer
2024-06-14
Oil prices fell Friday but aimed for their first weekly gain in four weeks, balancing high US interest rates against strong demand outlooks.
Bullion Caught Between China Buying and US Rate Changes
Bullion Caught Between China Buying and US Rate Changes
2024-06-13
Gold prices fell Thursday after an encouraging inflation report and the Fed reducing its rate cut expectations for this year from three to one.
​US CPI May - U.S. Inflation Fell Slightly in April
​US CPI May - U.S. Inflation Fell Slightly in April
2024-06-12
US inflation eased slightly in April, offering some relief to households. CPI rose 3.4% year-on-year, meeting expectations.