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Gold loses footing at $2000 level
Gold loses footing at $2000 level
2023-11-22
Gold dipped below $2000 on Wednesday as the dollar strengthened. Despite warnings from Fed officials, it had crossed that mark in the previous session.
Big Tech lead Wall St higher
Big Tech lead Wall St higher
2023-11-21
Asian shares rose on Tuesday, following Wall Street's tech-led gains. Investors applaud strong earnings and declining Treasury yields.
Markets barely move after Fed’s decision
Markets barely move after Fed’s decision
2023-11-20
Global shares were mostly flat while U.S. yields fell on Wednesday after the Fed delivered its 11th consecutive hike in interest rates aimed at reining in rising consumer prices.
Oil extends gain on potential supply tightening
Oil extends gain on potential supply tightening
2023-11-20
Oil rose as OPEC+ planned deeper cuts to boost prices. Improved supply and an economic slowdown led to a four-week decline.
Gold overshadows battered crude on US slowdown
Gold overshadows battered crude on US slowdown
2023-11-17
Asian oil prices are set for a fourth consecutive weekly drop, tumbling 5% to four-month lows amid demand worries on Thursday.
Gold meanders after quiet session
Gold meanders after quiet session
2023-11-16
Flat gold prices in early Asian hours on Thursday were due to a robust dollar, despite economic data easing worries of additional rate hikes.
Oil muted despite weakening dollar
Oil muted despite weakening dollar
2023-11-15
Middle East tensions lifted Wednesday's Asian oil prices, but they showed a limited response to Tuesday's US inflation-easing signs.
September CPI rose 3.7% YoY - US CPI in October
September CPI rose 3.7% YoY - US CPI in October
2023-11-13
In September, consumer prices increased 3.7% YoY, matching August's gain and slightly surpassing economists' 3.6% forecast.
​U.S. CPI YoY June
​U.S. CPI YoY June
2023-11-13
After the June jobs report showed a cooling but still-hot picture of the labour market, investors are looking to a key inflation report due Wednesday for more clues on the economy’s health.
​Equity and bond funds shrug off Powell
​Equity and bond funds shrug off Powell
2023-11-13
Wall Street rallied despite Powell's inflationary remarks; European shares fell from three-week highs on a luxury stock decline.
Gold under pressure of hawkish central banks
Gold under pressure of hawkish central banks
2023-11-10
Gold flat, set for the worst week in a month due to a strong dollar, Treasury yields post-Fed Chair Powell's hawkish comments.
Gold slips on rally in risk assets
Gold slips on rally in risk assets
2023-11-09
Gold prices rose as Treasury yields dipped. It had the largest daily loss since October 2 and fell for three consecutive days.
Oil hit over three-month low on supply increase
Oil hit over three-month low on supply increase
2023-11-08
Oil prices fell to a 3-month low, down over 4%, due to rising OPEC exports and a murky demand outlook, prompting market concerns.
Oil prices wobble ahead of China trade data
Oil prices wobble ahead of China trade data
2023-11-07
Oil prices fell on Tuesday, erasing most prior gains amid renewed demand worries. Saudi Arabia and Russia confirmed extra supply cuts until year-end.
Gold steadies below 2000 after weak NFP
Gold steadies below 2000 after weak NFP
2023-11-06
Gold rose as weak job data reinforced the belief that the Fed might have peaked in raising rates, causing the US dollar and Treasury yields to fall.