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Bulls Yet to Have Tired Legs as Tech Stocks Advance
2024-07-11
Global equities fell Tuesday, Treasury yields rose on Powell's cautious tone, while the S&P 500 and Nasdaq 100 continued their record highs.
Gold Prices Wobble as Asia Purchase Stalls
2024-07-10
Gold steadied on Tuesday after a 1% decline due to a stock market rally and investor profit-taking. Asian buying enthusiasm also cooled down.
French Stocks Eye Relief Rally After Leftists' Victory
2024-07-09
European shares fell on Friday due to losses in banks and energy stocks ahead of France's second round of parliamentary elections.
June NFP - Unemployment Rate Increase to 4%
2024-07-09
In May, the US added 272k non-farm jobs, surpassing Wall Street's expected 185k, with a slight uptick in unemployment to 4%.
Labour's Landslide: Impact on Large-Cap UK Stocks
2024-07-09
Labour achieved a historic landslide victory in the UK election, returning to power after 14 years. The outcome aligned closely with exit polls.
Australian dollar hits six-month high due to iron ore rally
2024-07-05
The Australian dollar hit a 6-month high on Friday on the US slowdown and iron ore price rise, driven by China steel demand bets.
Gold Hit Near Two-week High on US Slowing
2024-07-05
Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.
Stock Investors Embrace High Concentration and Valuation
2024-07-04
The US stock market rose over 14% in H1, led by tech giants Nvidia, Microsoft, Amazon, Meta, and Apple, boosting the S&P 500's performance.
Nikkei Perches Above 40,000 Despite Weaker Yen
2024-07-04
Asia-Pacific markets rose as Fed Chair Powell noted progress on inflation. Nikkei 225 surpassed 40,000 for the first time since March.
Jun ADP - Private sector jobs increased by 152,000
2024-07-03
The ADP report showed 152K nonfarm private jobs were added in May, down from 188K in April and lower than the expected 173K gain.
Oil Steadies Around 2-Month High on Travel Hopes
2024-07-03
Oil prices remained steady on Tuesday, near two-month highs, due to expected rising fuel demand from the travel season.
Tech Boom is Uncertain Through the Rest of 2024
2024-07-02
Megacaps' unstoppable rise, central bank pivots, political turmoil, and M&A resurgence made the first half of 2024 a whirlwind in world markets.
Japanese Retail Traders Challenge Pros
2024-07-01
Japanese retail investors bet on yen reversal, pushing rates to new lows and risking Tokyo intervention.
May PCE Price Index Shows Stable April Inflation
2024-07-01
April inflation rose as expected, keeping markets on edge about rate cuts. Annual core inflation was 2.8%, the same as last month.
Central banks throw weight behind gold rally
2024-06-28
Gold prices pared gains Friday after rising over 1% previously, with a focus on key US inflation data for Fed policy clues.
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