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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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