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Wall St meanders as AI frenzy cools off
Wall St meanders as AI frenzy cools off
2024-04-19
Asian shares and bond yields fell as safe-haven assets rose during the Mideast conflict. Nasdaq 100 dropped for the fourth time in five sessions.
Oil prices climb as the West considers fresh sanctions
Oil prices climb as the West considers fresh sanctions
2024-04-18
Oil prices rose Thursday on supply concerns. The US plans to reinstate oil sanctions on Venezuela; the EU discusses new sanctions on Iran.
Australian dollar rebounds but concerns linger
Australian dollar rebounds but concerns linger
2024-04-17
The Australian dollar has rebounded from a 5-month low against the US dollar. China's Q1 GDP is up 5.3% YoY, boosted by external demand.
​Beleaguered yen braces for 160
​Beleaguered yen braces for 160
2024-04-16
On Tuesday, the Japanese yen fell below 154 against the dollar due to the dollar's strength following positive US economic data.
US stocks tumble for a second day as mood sours
US stocks tumble for a second day as mood sours
2024-04-16
Asian stocks fell on strong US retail sales, boosting the dollar to over five-month highs. US stocks plunged, hitting a six-month volatility peak.
Gold touches 2,400 as Iran flexes muscles
Gold touches 2,400 as Iran flexes muscles
2024-04-15
Gold prices rose Monday after hitting a record high. Amid Middle East tensions, bullion began a fourth consecutive week of gains.
Wall St sinks on worrisome CPI reading
Wall St sinks on worrisome CPI reading
2024-04-11
US stocks plunged Wednesday as unexpected inflation dashed hopes of a June rate cut. Treasury yields hit 4.5%, the highest since November.
US gas price heats up amid commodity boom
US gas price heats up amid commodity boom
2024-04-10
US gas prices rose Wednesday, buoyed by recovery signs in Europe and Asia and robust US growth, extending this month's rally with other commodities.
Silver has regained lustre near its two-year high
Silver has regained lustre near its two-year high
2024-04-09
Gold prices climb for the 8th day due to central bank buying and geopolitical tensions, ignoring the strong jobs report.
CPI-Fed delays rate cuts
CPI-Fed delays rate cuts
2024-04-08
The US March CPI at 3.2%, surpassing expectations, may delay Fed rate cuts. Energy costs are up 2.3%, a sustained trend for 9 months.
Canadian dollar diverges from energy prices
Canadian dollar diverges from energy prices
2024-04-08
April 8 CAD was near a 4-mo low. Weak job data may lead to a BoC rate cut. Oil falls, USD strength presses, and CAD falls.  Resistance is at 1.3430.
NFP - Powell warns of a rate cut
NFP - Powell warns of a rate cut
2024-04-05
BLS reported a 275k rise in nonfarm payrolls, with the jobless rate at 3.9%. Economists expected 198k new jobs, according to Dow Jones' survey.
​Oil rises to multi-month highs on Ukraine deeper strike
​Oil rises to multi-month highs on Ukraine deeper strike
2024-04-04
Thursday's oil prices rose on supply concerns from output cuts and geopolitical tensions, outweighing a surprise increase in US crude stocks.
Australian dollar slips amid by iron ore downturn
Australian dollar slips amid by iron ore downturn
2024-04-03
On Wednesday, the Australian dollar continued to weaken against the US dollar, down about 4.5% this year due to global economic uncertainties.
March ADP - Job growth accelerates
March ADP - Job growth accelerates
2024-04-03
ADP's Feb. employment report: 140K nonfarm private jobs added, up from 111K in January. But it falls short of the expected 149K new private jobs.