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Stock rally set to broaden on bright growth outlook
2024-04-01
On April 1, Asian stocks rose as A-shares rebounded. S&P 500 surged 10% in Q1. The NASDAQ 100 shows MACD divergence; watch the 50-day EMA.
PCE price index Feb - Economic recovery accelerates
2024-03-29
The core PCE price index rose 2.8% YoY in January, indicating a shift towards services as the economy rebounds from COVID disruptions.
Hidden risks lurk under the stock market's calmness
2024-03-29
Global stock markets appear stable, but there's underlying turbulence, especially in semiconductors and small-cap stocks.Wall Street is pessimistic.
Gold on a wide ride amid euphoria over easing
2024-03-29
Gold hit a new high on Friday, set for the best month in 3+ years, driven by rate-cut expectations and safe-haven demand.
Oil prices gain on accelerating trade flows
2024-03-28
Oil prices rebounded Thursday after two days of decline. Despite Houthi attacks in the Red Sea, trade flows indicate acceleration in early 2024.
Pound falls as investors flip-flop on BOE’s cuts
2024-03-27
Sterling edged lower in light trading on Tuesday, losing momentum due to a stronger dollar driven by economic disparities among developed nations.
Crude prices grind higher on Russia tighter supply
2024-03-26
Oil prices surged Tuesday, up over a dollar, driven by Russian production cuts and refinery attacks, signaling tighter supply ahead.
Wall Street saw biggest weekly gains in months
2024-03-25
Asian stocks remained stable after the S&P 500's strongest weekly surge in 2024. The semiconductor index surged, driven by ongoing AI optimism.
Swiss franc flounders after surprise rate cut
2024-03-22
Sterling hit a 2024 high against the Swiss franc after the SNB's surprise rate hike, marking the first major central bank to ease policy.
Gold prices smash records despite dollar resilience
2024-03-21
Gold hit a record high Thursday after the Fed kept rates steady as anticipated, signaling potential for three cuts this year.
Euro eyes parity with Swiss franc again
2024-03-20
On Wednesday, the euro reached its highest level against the Swiss franc since late November. Yield differentials now eclipse past inflation fears.
Wall St lifted by a report about iPhone
2024-03-19
Asian shares dipped slightly while Wall Street's key indexes surged, led by megacap tech firms like Alphabet and Tesla.
US equities unwavering amid sticky inflation print
2024-03-18
US stocks closed flat. Thursday as higher-than-expected inflation tempered early 2024 Fed rate cut hopes, but lower Treasury yields limited declines.
Oil prices extend rally from a weekly gain of 4%
2024-03-18
Oil prices rose in early Asian trading, building on last week's 4% gain due to tightening supply amid rising geopolitical tensions.
Australian dollar slips as traders weigh export prospects
2024-03-15
AUD hit a one-week low on Friday. RBA to keep key rate unchanged till September as per Reuters poll, with at least 2 cuts expected in Q4.
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