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Wall St just hit a new yearly high
Wall St just hit a new yearly high
2023-12-12
Asian shares rose after new highs in US stocks on Tuesday. This week, central banks will scrutinize and test rate-cut expectations.
Oil rallies on US purchase after a 7-week drop
Oil rallies on US purchase after a 7-week drop
2023-12-11
Monday's oil price rise, fueled by US strategic reserve replenishment, faces oversupply worries due to record-high US output.
Yen jumps to a 3-month high on policy shift
Yen jumps to a 3-month high on policy shift
2023-12-08
The Japanese yen rose as the BOJ considered exiting ultra-low rates. The Fed and ECB expect rate cuts to boost bullish sentiment.
Oil hits 6-months low on record US production
Oil hits 6-months low on record US production
2023-12-07
Oil prices rebounded in early Asian trading but stayed near June's lows due to elevated US crude output and gasoline inventories.
The unemployment rate rises to 3.9% - NFP
The unemployment rate rises to 3.9% - NFP
2023-12-06
The United States added 150,000 nonfarm payrolls in October, and the unemployment rate rose to 3.9%, lower than expected.
Analysts turn bearish on dollar through 2024
Analysts turn bearish on dollar through 2024
2023-12-06
The euro rebounded against the dollar, hitting a three-week low of 1.07785 post-ECB hawkish remarks on no future rate hikes.
Natural gas bulls finally capitulate
Natural gas bulls finally capitulate
2023-12-05
OPEC+ output cuts left oil prices stable; smart money had anticipated the disappointment, as indicated by pre-existing data.
OPEC+’s attempt to raise oil prices falls through
OPEC+’s attempt to raise oil prices falls through
2023-12-01
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ agreed to voluntary oil output cuts for the first quarter next year.
Gold eyes record high as bonds keep rallying
Gold eyes record high as bonds keep rallying
2023-11-30
Gold neared a 7-month peak on Thursday amid speculation of a Fed rate cut in H1 2023, pressuring the dollar and Treasury yields.
​Listen to Charlie Munger and don’t be a right Charlie
​Listen to Charlie Munger and don’t be a right Charlie
2023-11-29
Charlie Munger, known for being Warren Buffett’s right-hand man, died at age 99. He would have turned 100 on New Year’s Day.
​Yen rallies to its highest level since mid-September
​Yen rallies to its highest level since mid-September
2023-11-29
The US dollar fell to a 2-month low against the yen as Fed Governor Christopher Waller hinted at a potential rate cut in the coming months on Wednesday.
Oil snaps losing streak ahead of OPEC+ meeting
Oil snaps losing streak ahead of OPEC+ meeting
2023-11-28
Oil prices rose on Tuesday ahead of a key OPEC+ meeting. Expectations are high for extended and deeper production cuts to support prices.
Investors on a gold buying spree on Black Friday
Investors on a gold buying spree on Black Friday
2023-11-27
Gold surpassed $2000 again on Monday, fueled by a weakened dollar and bets that the Fed won't raise rates further this month.
European shares rise to a fresh high in months
European shares rise to a fresh high in months
2023-11-24
European shares gained, led by energy stocks. ECB meeting minutes revealed policymakers' cautious optimism about declining inflation.
Oil prices lose steam on delayed OPEC+ meeting
Oil prices lose steam on delayed OPEC+ meeting
2023-11-23
Oil prices dropped 1% on Thursday, continuing a 1% loss from the previous session. OPEC+ postponed its meeting to November 30 from November 26.