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Yen weakness resumes amid calls for rate hikes
Yen weakness resumes amid calls for rate hikes
2024-04-30
The yen dipped below 146 against the dollar on Tuesday, suggesting easing inflation may relieve pressure on the BOJ to end monetary stimulus.
Yen is at the mercy of dollar
Yen is at the mercy of dollar
2024-04-30
Tuesday saw the yen battered and near a 30-year low against the dollar, contrasting sharply with higher long-term rates elsewhere due to the BOJ's QE.
​Oil rallies for fourth straight week on rising tension in Europe
​Oil rallies for fourth straight week on rising tension in Europe
2024-04-30
Global share markets edged lower on Friday as most U.S. megacap stocks slipped, while the dollar soared against the yen after Reuters reported the BOJ is leaning toward keeping its dovish monetary policy next week.
Oil prices rise 2% in thin trading
Oil prices rise 2% in thin trading
2024-04-30
European shares were steady in thin trading on Tuesday, with a lack of fresh economic data from the region and uncertainty around the direction of global interest rates keeping investors cautious.
Oil posts fourth straight quarterly decline
Oil posts fourth straight quarterly decline
2024-04-30
Wall Street closed sharply higher and the dollar softened on Friday as investors closed the books on a solid quarter, with data showing progress in the Fed's efforts to tame inflation.
USD/JPY Approaches 160 Level Amid Market Concerns
USD/JPY Approaches 160 Level Amid Market Concerns
2024-04-30
USD/JPY hit its weakest level since April 1990, hovering around 160. Markets watch for possible intervention by Japanese authorities.
FTSE China A50 struggles to catch up with Nifty 50
FTSE China A50 struggles to catch up with Nifty 50
2024-04-30
FTSE China A50 index has stagnated since March, despite government stimulus ; Indian stocks have outperformed China but may be nearing a turning point.
​Oil prices rally despite signs of stagflation
​Oil prices rally despite signs of stagflation
2024-04-29
Oil prices rose Friday due to the US Treasury secretary's comments on the economy's strength and potential supply disruption in the Middle East.
PCE price index Mar - Consumption growth hits 1-year high
PCE price index Mar - Consumption growth hits 1-year high
2024-04-26
The Core PCE price index rose 2.8% in February year-over-year, matching expectations. Goods prices increased more than services, driving inflation.
Mining mega-deal set to rattle Australian market
Mining mega-deal set to rattle Australian market
2024-04-25
The Australian stock market is closed Thursday for Anzac Day. The ASX 200 index reached five record highs but underperformed its major peers.
​Wall St may slide the slope of hope
​Wall St may slide the slope of hope
2024-04-24
U.S. stocks are influenced by inflation, and experts are cautiously optimistic. Banks raised S&P 500 targets, expecting 5,500 by year-end.
Gold prices steady on shaky Treasuries
Gold prices steady on shaky Treasuries
2024-04-24
Gold prices steadied on Wednesday after reaching a two-week low from easing Middle East tensions. The fragile bond market may limit further declines.
Euro outruns sterling with BOE on tenterhooks
Euro outruns sterling with BOE on tenterhooks
2024-04-23
The euro stayed flat after rising against the pound last week. UK and EU banks signaled their readiness to act amid easing price pressures.
US stocks plummet before tech earnings season
US stocks plummet before tech earnings season
2024-04-22
US major stock indexes dropped Friday; Treasury yields fell amid weak earnings, interest rate uncertainties, and geopolitical tensions.
​Oil yet to grease the wheels on loonie
​Oil yet to grease the wheels on loonie
2024-04-19
The Canadian dollar weakened after the Bank of Canada held interest rates steady and hinted at possible monetary policy easing soon.