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​Oil prices claw back some losses ahead of US NFP
​Oil prices claw back some losses ahead of US NFP
2024-02-02
OPEC+ kept oil output unchanged, boosting Friday trade and offsetting losses from unconfirmed Israel-Hamas ceasefire reports.
​Sterling remains in doldrums after Powell speech
​Sterling remains in doldrums after Powell speech
2024-02-01
Despite lower-than-expected private payroll increases last month, the US dollar continued to rise against the pound on Thursday after the Fed meeting.
The Fed's Jan meeting - The Fed signals monetary easing
The Fed's Jan meeting - The Fed signals monetary easing
2024-01-31
In December 2023, FOMC maintained rates, hinting at multiple 2024 cuts. Markets expect steady rates in the upcoming week's meeting.
​Australian shares set fresh highs, driven by banking sector
​Australian shares set fresh highs, driven by banking sector
2024-01-31
Wednesday saw Australian shares hit record highs on weaker-than-expected inflation. The S&P/ASX 200 has been on a stunning run recently.
NFP - The unemployment rate is stable at 3.7%
NFP - The unemployment rate is stable at 3.7%
2024-01-30
December's job report: 216,000 new positions added, maintaining a 3.7% unemployment rate, a significant increase from November's revised 173,000.
Bull market underway as S&P 500 hits new high
Bull market underway as S&P 500 hits new high
2024-01-30
US stocks advanced on Monday as market participants looked ahead to this week's slew of economic data and the Fed's monetary policy meeting.
Jan ADP - 164,000 new jobs were added in December
Jan ADP - 164,000 new jobs were added in December
2024-01-30
ADP report: The US added 164,000 jobs in December, surpassing 130,000 expectations, signaling a robust close to the 2023 labor market.
Oil climbs amid Europe and Middle East gloom
Oil climbs amid Europe and Middle East gloom
2024-01-29
Oil prices rose 1% after a missile hit a Trafigura tanker in the Red Sea. Russian refined exports declined due to drone attack-related refinery repairs.
Crude prices boosted by higher demand hope
Crude prices boosted by higher demand hope
2024-01-26
Oil prices fell after a 3% gain, reaching their December high amid an improved economic outlook and Red Sea tensions disrupting global trade.
Gold prices teeter as rate cut hopes ebb
Gold prices teeter as rate cut hopes ebb
2024-01-25
Gold dipped as US business activity rose in January and inflation eased, prompting investors to reconsider expectations for a Fed rate cut.
PCE price index Dec - Consumer spending is strong
PCE price index Dec - Consumer spending is strong
2024-01-24
The core PCE price index increased 3.2% YoY in November, below the expected 3.3%. Lowest since April 2021, signaling a slowdown.
Sterling takes the shine off euro on economic convergence
Sterling takes the shine off euro on economic convergence
2024-01-24
The pound hits a 4-month high vs. the euro, indicating a resilient UK economy. The BOE may delay rate cuts compared to other central banks.
Nikkei scales 34-year peak on weakening yen
Nikkei scales 34-year peak on weakening yen
2024-01-23
Japanese shares hit a 34-year high as the yen stabilized on Tuesday. The BOJ is anticipated to adjust its ultra-loose policy in H1 2024.
​Gold prices stumble on inflation reacceleration
​Gold prices stumble on inflation reacceleration
2024-01-18
Gold prices bounced from its one-month low on Thu though strong economic data strengthened the US dollar and Treasury yields put a lid on the rally.
​Little reason to cheer US earnings beat
​Little reason to cheer US earnings beat
2024-01-17
US stocks fell as markets, overly optimistic about rate cuts, faced warnings. Treasury yields rose to the highest since mid-December.