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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.
Wall St warn of tech bubble despite rosy earnings
2024-04-02
Despite rosy earnings, Wall Street warns of a potential tech bubble in the stock market. Stay informed on the latest news and trends in the market.
Gold ETF saw large outflow despite torrid rally
2024-04-02
Gold trimmed gains on Tuesday after hitting a new high. Expectations of Fed rate cuts drove the rally as US inflation eased in the past month.
Stock rally set to broaden on bright growth outlook
2024-04-01
On April 1, Asian stocks rose as A-shares rebounded. S&P 500 surged 10% in Q1. The NASDAQ 100 shows MACD divergence; watch the 50-day EMA.
PCE price index Feb - Economic recovery accelerates
2024-03-29
The core PCE price index rose 2.8% YoY in January, indicating a shift towards services as the economy rebounds from COVID disruptions.
Hidden risks lurk under the stock market's calmness
2024-03-29
Global stock markets appear stable, but there's underlying turbulence, especially in semiconductors and small-cap stocks.Wall Street is pessimistic.
Gold on a wide ride amid euphoria over easing
2024-03-29
Gold hit a new high on Friday, set for the best month in 3+ years, driven by rate-cut expectations and safe-haven demand.
Oil prices gain on accelerating trade flows
2024-03-28
Oil prices rebounded Thursday after two days of decline. Despite Houthi attacks in the Red Sea, trade flows indicate acceleration in early 2024.
Pound falls as investors flip-flop on BOE’s cuts
2024-03-27
Sterling edged lower in light trading on Tuesday, losing momentum due to a stronger dollar driven by economic disparities among developed nations.
Crude prices grind higher on Russia tighter supply
2024-03-26
Oil prices surged Tuesday, up over a dollar, driven by Russian production cuts and refinery attacks, signaling tighter supply ahead.
Wall Street saw biggest weekly gains in months
2024-03-25
Asian stocks remained stable after the S&P 500's strongest weekly surge in 2024. The semiconductor index surged, driven by ongoing AI optimism.
Swiss franc flounders after surprise rate cut
2024-03-22
Sterling hit a 2024 high against the Swiss franc after the SNB's surprise rate hike, marking the first major central bank to ease policy.
Gold prices smash records despite dollar resilience
2024-03-21
Gold hit a record high Thursday after the Fed kept rates steady as anticipated, signaling potential for three cuts this year.
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