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Stock rally set to broaden on bright growth outlook
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
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
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
​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
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
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
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
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
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
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
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
​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
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%
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
​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.