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Trump has made loonie petty
2024-12-13
The Canadian dollar hit a 4-1/2-year low as US bond yields widened. The Bank of Canada cut rates to 3.25% amid slower economic growth.
Euro remains shaky on political uncertainty
2024-12-13
Sterling fell against the euro but remained at a two-year high. BOE's Megan Green said US tariffs may hurt the eurozone, with unclear impact on the UK.
Oil prices little affected by fresh EU sanction
2024-12-12
Oil prices were steady in early Asian trade as weak demand and higher US inventories outweighed EU sanctions on Russia.
US CPI Nov - October inflation surged, affecting policy
2024-12-11
October inflation rose as expected, according to the Bureau of Labor Statistics, with core consumer prices also aligning with forecasts.
Gold bulls gain confidence from Chinese buying
2024-12-11
Gold prices hit a two-week high, fueled by rising geopolitical tensions, PBOC buying, and expectations of a third Fed rate cut.
Chinese stocks jump after stimulus vow
2024-12-10
China stocks surged on rate cuts and consumption boosts, while global stocks remained cautious ahead of US inflation data.
Doldrums in the Gold Market Remain
2024-12-10
Gold held steady Thursday as US payrolls rose moderately and investors reacted to comments from Fed Chair Jerome Powell.
Nov ADP - U.S. Job Growth Hits All-time High in October
2024-12-10
ADP reported private job creation hit a year-high in October, despite storms in the Southeast and major labor disruptions.
DAX Hits a Fresh Peak But Challenges Remain
2024-12-10
The DAX 40 reached a new high on Tuesday, driven by strong performances in technology, financial, and industrial sectors, despite multiple headwinds.
Funds flocked to US market last month
2024-12-09
The Nasdaq 100 and S&P 500 hit record highs, fueled by upbeat outlooks and US jobs data raising expectations of a Fed rate cut.
NFP - US Unemployment Rate Remains at 4.1%
2024-12-09
US job growth slowed in October due to hurricanes and strikes, but the unemployment rate held steady at 4.1%, indicating a stable labor market.
Crude oil slips with focus on demand
2024-12-06
Oil prices fell in early Asian trading, as weak demand outweighed OPEC+'s supply delay and extended output cuts until 2026.
Yen seems more appealing than Swiss franc
2024-12-03
Japan's inflation tops 2%, the yen rises, and Ishiba pushes wage hikes. Switzerland faces tariff risks, threatening economic growth.
Euro Dragged Lower by Political Turmoil
2024-12-03
The dollar rose on Tuesday as political turmoil in France weakened the euro, which was the weakest G10 currency last month.
Loonie Keeps Falling on Lacklustre Data
2024-12-03
The Canadian dollar fell after three months of decline, as slowing growth and 2% inflation weakened it against the strong USD.
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