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​October ADP - U.S. Income Rose 4.7% in September
​October ADP - U.S. Income Rose 4.7% in September
2024-11-04
The ADP report showed that the number of new jobs in the U.S. private sector reached 143,000 in September, exceeding analysts' expectations of 128,000.
​Crude Edges Up Following Worst Day in Two Years
​Crude Edges Up Following Worst Day in Two Years
2024-10-30
Oil prices rose Tuesday as the U.S. plan to buy 3 million barrels for SPR offered support, with Middle East developments remaining a key market focus.
​Yen Plunges After Ruling Coalition Loses Majority
​Yen Plunges After Ruling Coalition Loses Majority
2024-10-28
The yen fell to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority, likely slowing rate hikes.
​Sterling Wobbles with Labour Budget Around the Corner
​Sterling Wobbles with Labour Budget Around the Corner
2024-10-28
Sterling remained flat Friday ahead of Labour’s budget next week, with UK assets pressured by the party’s stance on potential tax changes.
​Yen Falters Amid US Election Pressures
​Yen Falters Amid US Election Pressures
2024-10-28
U.S. job strength and Trump’s election gains boosted the dollar, pushing the yen near 150 and fueling intervention expectations.
​Loonie Closer to Key Support on Easing Policy
​Loonie Closer to Key Support on Easing Policy
2024-10-25
The Canadian dollar rebounded from an 11-week low on Thursday after the BOC cut rates significantly, while the greenback extended its gains.
​US Stocks Muted as Investors Await Key Earnings
​US Stocks Muted as Investors Await Key Earnings
2024-10-24
US stocks retreated from record highs and six straight weekly gains on Monday as Treasury yields rose, with investors wary of high valuations.
​Silver Keeps Pace with Gold in the Fog of War
​Silver Keeps Pace with Gold in the Fog of War
2024-10-24
Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.
Asian Funds Face Uncertainty in Late 2024
Asian Funds Face Uncertainty in Late 2024
2024-10-23
A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.
​Euro Parity is More Likely Now
​Euro Parity is More Likely Now
2024-10-22
The euro steadied after the ECB's second rate cut but saw its third weekly loss vs. the dollar and its worst drop vs. the pound this year.
​Dow Nabs Closing Record on TSMC's Buoyant Report
​Dow Nabs Closing Record on TSMC's Buoyant Report
2024-10-22
The Dow hit its fourth record close in five sessions on Thursday, boosted by strong retail sales and TSMC's positive forecast.
Why European Stocks Face a Lower Bar in Today’s Market?
Why European Stocks Face a Lower Bar in Today’s Market?
2024-10-21
Analysts have lowered their earnings forecasts for European companies at the fastest rate in seven months, expecting less impact on stock prices.
​Bullion Eyes Record High Despite Dollar Comeback
​Bullion Eyes Record High Despite Dollar Comeback
2024-10-18
Gold reached its peak as Treasury yields fell. LBMA delegates forecast gold at $2,941 and silver at $45 within 12 months.
Oil Prices Stabilize After Sharp Decline
Oil Prices Stabilize After Sharp Decline
2024-10-18
Oil rose in early Asian trade Wednesday amid Middle East conflict uncertainty, after a $5 drop earlier this week to the lowest since early October.
Aussie Dollar Tug of War Analysis
Aussie Dollar Tug of War Analysis
2024-10-18
Institutional investors' long positions on the Australian dollar are at a high not seen since March 2021, as the Reserve Bank likely keeps rates high.