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Oil Bulls Need More Than Israel's Conflict
2024-08-05
Oil prices are caught between Middle East turmoil and a global slowdown. Israel's killing of two Hamas leaders this week escalates conflict concerns.
Stocks Plummet Amid Souring Sentiment Toward AI
2024-08-05
Global equities fell Thursday as US data fueled economic worries, causing sell-offs on Wall Street and a major rout in European financial stocks.
Israel Retaliation Sets Oil Prices on Fire
2024-08-02
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
The Fed's July Meeting: Rate-Cut Dilemma
2024-08-01
Fed officials are expected to keep the key interest rate steady this week, despite some economists suggesting July is the right time for a cut.
The Wealth May Give Bullion a Boost in H2
2024-08-01
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
Hedge Funds Growing Bullish on Europe
2024-07-31
European shares dipped Monday as investors were cautious at the start of earnings week, with the upcoming Fed meeting adding to uncertainty.
Undervalued Norway's Krone Poised for a Rebound
2024-07-31
Norway’s krone hit a year-low on Monday. Despite delayed policy easing compared to peers, it’s the worst-performing G10 currency this year.
Funds Snap Up UK Stocks Quickly
2024-07-31
BlackRock and Allianz see a UK stock market turnaround, hoping an improving economy, lower interest rates, and political stability will help.
Euro Rally Against Sterling Defies Macro Shift
2024-07-31
The euro hovered around a two-week high against the pound on Friday, despite data showing the UK's recovery is outpacing the eurozone's.
Nasdaq100 Saw Its Worst Day Since 2022
2024-07-26
Stocks fell globally on Wednesday on disappointing Tesla and European luxury earnings, while oil prices struggled amid weak demand concerns.
Oil Prices Rebound as Wildfires Rage in Canada
2024-07-25
Oil prices surged on Wednesday after dropping 2% to a six-week low due to hopes for a Gaza ceasefire and concerns about China's demand.
Japan Stocks Hit by Tech Woes and Sliding Yen
2024-07-24
Asian stocks bounced from one-month lows as Taiwan ended a five-day losing streak, led by semiconductor shares following Wall Street's recovery.
Gold Steadies Above 2,400 After Profit-taking
2024-07-23
Gold prices steadied above $2,400 on Monday after falling over 2% in the last session due to profit-taking following its rise to an all-time high.
Oil Prices Hesitate on Mixed Signals
2024-07-22
Oil prices fell on Friday, heading for a second weekly decline as mixed economic signals and a stronger dollar dampened investor sentiment.
Dow Outperforms on Strong Bank Stocks
2024-07-19
The S&P 500 and Nasdaq 100 tumbled Wednesday due to tech sector rotation. The Dow gained modestly, marking its third straight record-closing high.
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