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Global shares celebrate interest rate peaks
2023-11-03
Wall Street's main indexes surged by 2%, and European shares rose over 1% on Thursday as central banks paused tightening.
The Fed's Nov 2023 meeting
2023-11-02
To curb surging inflation, the Fed has hiked rates 11 times since March 2022, with a September pause. Powell stays cautious about ending the battle.
Labor market contraction - NFP
2023-11-02
Nonfarm payrolls rose by 336,000 in September, surpassing the Dow Jones forecast of 170,000 and exceeding the prior month by over 100,000.
Crude rebounds from 3-week low on Iran’s threats
2023-11-02
Oil markets are tense due to the Middle East conflict. The Fed maintains rates, and economic data hints at a slowdown.
High rates take hold as war fears ebb
2023-11-01
Gold opened lower on Wednesday ahead of the Fed meeting. Bullion saw its best performance in October since March thanks to the Israel-Hamas conflict.
Oil and gas rally stalls on profit-taking
2023-10-31
Oil prices rebounded on Tuesday, recovering from a 3% drop the previous day. Concerns about supply disruptions due to the Israel-Hamas conflict eased.
Gold prices surpass $2000 amid safety rush
2023-10-30
Gold, up three consecutive weeks, attracts investors amid a risk-off mood, holding above $2000 and defying elevated Treasury yields.
Risk assets tumbled despite upbeat earning season
2023-10-27
US stocks fell Thursday, led by NASDAQ, as investors assessed mixed earnings and rising interest rates. All major indexes are set for weekly losses.
Yen slides to weakest this year without intervention
2023-10-26
The yen slumped back past 150 per dollar again, raising the risk of forex intervention and piling pressure on the BOJ to adjust monetary policy.
Oil finds no direction on mixed signals
2023-10-26
Oil prices stabilize after three consecutive falls, with discouraging European economic data casting uncertainty on fuel demand.
Gold consolidates as Treasury yields retreat
2023-10-26
Gold prices rose as US Treasury yields retreated from above 5%, driven by the Israel-Hamas conflict, with gold surging in the past two weeks.
Traders are on tenterhooks as yen gazes 150
2023-10-26
The yen weakened past 150 against the dollar due to the Japan-US yield gap, driving carry trades and global efforts to manage Middle East tensions.
Gold rallies to three-month high despite soaring yields
2023-10-26
Gold reached a 3-month high amid Middle East tension, while the Fed Chair voiced concerns over high inflation. Gains continue for a 2nd week.
Oil traders digest OPEC’s policy amid war
2023-10-26
Oil prices dropped on Thu after a 2% gain. Iran seeks oil embargo on Israel, and US crude stocks fell exceeding forecasts.
Oil prices back above 90 on dual tailwinds
2023-10-26
Middle East tension and Gaza hospital blast, with hundreds killed, raised concerns of oil supply disruption, causing oil price surge on Wednesday.
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