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Investors Increasingly Bullish on US Equities Before Holiday
2024-05-30
Asian stocks are flat Tuesday, awaiting global inflation data. Wall Street closed for Memorial Day. Investors are buying on cooling inflation signs.
Japan renews push to support yen along with G7
2024-05-27
Yen up Monday, but no convincing rebound. Traders were puzzled by the 11% yearly loss, despite expected policy convergence.
Japan's Two-Speed Economy Holds Back Policymakers
2024-05-27
Japanese Finance Minister Suzuki is concerned that the yen's depreciation will boost inflation and harm consumption and corporate profits.
UK Election Called for July Lifts Sterling
2024-05-27
Sterling rose as PM Rishi Sunak announced a parliamentary election on July 4, reducing political uncertainty, according to analysts.
Russia Supply and US Stock Plague Oil Markets
2024-05-27
Friday's oil prices held steady as investors digested the Fed's rate comments amidst inflation concerns, supported by seasonal fuel demand.
Bullion moves sideways on China shrinking import
2024-05-22
Gold prices held steady on Wednesday. China’s bullion imports slowed as demand weakened in the face of record prices.
Risk appetite shores up global stock markets
2024-05-21
Investors' risk appetite remained strong, potentially leading to further Asian gains. Japan's Nikkei surpassed 39,000 for the first time in a month.
Silver prices shoot up as a dual asset
2024-05-21
Gold and silver prices rose sharply on Monday after last week. Strategists expect they could hit new record highs in the coming months.
Stock agnostics unimpressed with Dow over 40,000
2024-05-21
The US stock market eyes Dow Jones crossing 40,000, experts foresee 5,600 targets, and corporate profits surge in forecasts.
Crude prices set for weekly gain after stock draw
2024-05-17
Asian oil prices surged Friday as global benchmark Brent eyed its first weekly gain in three weeks, driven by rising demand and a weaker US dollar.
European and US Stocks Soar to Record Highs
2024-05-17
On Wednesday, Wall Street's key indexes hit records. S&P 500 and Nasdaq 100 rose over 1%, led by tech stocks posting a good CPI report.
US CPI April: Inflation hits a record high
2024-05-16
March's CPI surged to 3.5%, led by higher housing and energy expenses, dimming prospects for imminent Fed rate cuts.
Wall Street Questions Japan's Ability to Support the Yen
2024-05-16
The yen briefly rebounded after plummeting to 160 at the end of April, but fell again in less than a week, causing market concerns.
Gold prices resume upside on robust demand
2024-05-16
Gold prices stabilized as US producer prices soared in April, while the US dollar and Treasury yields retreated.
Global investors avoid Japan as the yen tumbles.
2024-05-15
Asian shares hovered around 15-month highs on Tuesday. Japan's Nikkei was flat as the10-year JGB yield edged closer to 1%.
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