Crude gains after revolt in Russia
Global markets took on a tentative tone on Monday as investors struggled to gauge the impact of the weekend’s short-lived armed revolt in Russia and continued to contemplate a general weakening economic outlook.
2023-06-27
Stocks fall as data spurs growth worries
Global stock indexes fell and the U.S. dollar rose on Friday as investors digested comments from Fed officials that signalled further interest rate hikes ahead.
2023-06-26
Oil plunges 4% as further interest rate hikes loom
The tech-heavy Nasdaq's robust gain got a boost from momentum stocks led by Amazon, Apple and Microsoft, while the S&P 500's advance was more modest.
2023-06-26
Oil prices ease despite China cuts
Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of FedChair Jerome Powell's congressional testimony.
2023-06-21
Germany’s DAX retreats from record high in thin trade
European shares fell on Monday, as investors awaited further stimulus measures from China to revive demand and eyed testimony from Fed Chair Jerome Powell this week for more cues on the rate outlook.
2023-06-20
Loonie notches to 9-month high after Fed pauses
A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. dollar headed for its biggest weekly slide since January following a heavy week of central bank meetings around the world.
2023-06-19
Euro advances after ECB rate hike
MSCI's global index of stocks rose on Thursday to its highest level since April 2022 after strong U.S. economic data. The dollar slid following the ECB's interest rate increase a day.
2023-06-16
Oil drops 1.5% Fed signals more hikes ahead
MSCI's global equity index closed slightly higher on Wednesday while the dollar ended lower even the Fed signalled that it could raise rates by another half percentage point by year-end.
2023-06-15
Oil rallies on China’s surprise rate cut
Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Fed will pause in June.
2023-06-14
Oil prices nosedive ahead of Fed meeting
Global stocks gained ground, hitting their highest level in more than a year on Monday, while U.S. Treasury yields and the dollar were virtually unchanged.
2023-06-13
Oil posts second weekly decline as demand concerns linger
U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Fed will skip a rate hike next week.
2023-06-12
Gold jumps as the dollar, yields dip
World stocks rose on Thursday and Treasury yields edged lower as investors leaned toward bets that the U.S. Federal Reserve is likely to abstain from raising interest rates next week.
2023-06-09
Oil gains as U.S. and China data signal robust demand
Global stocks retreated from a 13-month high on Wednesday and the U.S. dollar drifted lower as attention turned towards the next Fed meeting.
2023-06-08
Stocks and dollar edge up, Aussie jumps om RBA hike
Oil eased about 1% as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia's pledge to deepen output cuts.
2023-06-07
Dollar falls ahead of the June Fed meeting
World stocks and the dollar dipped on Monday as investors mulled whether the Fed will refrain from raising rates in June after data last week showed slowing U.S. wage growth.
2023-06-06
