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Gold prices receive a Christmas gift
2023-12-25
Gold hit a 2-week high on lower Indian demand. It rose for 2 weeks as the dollar and yields fell, driven by rate-cut expectations.
Dollar in search of lifeline ahead of Christmas
2023-12-22
Thin holiday trading weighed on the dollar. Attention shifts to US PCE data are unlikely to halt the ongoing bearish trend.
Oil prices fall back amid demand uncertainty
2023-12-21
Thursday's oil price drop, driven by rising US crude inventory, outweighed Middle East tensions' supply disruption impact, raising demand concerns.
Loonie enjoys multiple tailwinds following inflation report
2023-12-20
Boosted by rising oil prices and a weaker US dollar, the Canadian dollar stood strong on Wednesday, hitting a 4.5-month high in the prior session.
Nasdaq 100 fires on all cylinders this year
2023-12-18
Asia stocks dip after a mixed US close amid a dollar and Treasury yield rally. Nasdaq 100 hits a new high, poised for the best year since 2009.
Franc weakens against euro after rate-cut pushback
2023-12-15
Friday saw European currencies rise, led by hawkish policymakers. The Swiss franc gained 5% against the euro this year, hitting a peak since Jan 2015.
Oi rebounds from 5-month low on fire in the Red Sea
2023-12-14
Asian oil prices surged, continuing the momentum from the US crude storage decline and the dovish Fed, with gains extending into Thursday's early trade.
The Fed expected a rate cut - The Fed's Dec meeting
2023-12-13
Investors believe the FOMC will maintain interest rates this month. They anticipate a 100 bps cut in 2024, raising doubts about its likelihood.
Gold poised for deeper correction under $2000
2023-12-13
Gold struggled as US consumer prices rose in November. Market eyes are on central bank meetings for 2024 interest rate clues.
U.S. CPI slows in October - US CPI in November
2023-12-12
US inflation dipped to 3.2% in October, marking the first four-month decline, driven by a drop in fuel prices and slightly below the anticipated 3.3%.
Wall St just hit a new yearly high
2023-12-12
Asian shares rose after new highs in US stocks on Tuesday. This week, central banks will scrutinize and test rate-cut expectations.
Oil rallies on US purchase after a 7-week drop
2023-12-11
Monday's oil price rise, fueled by US strategic reserve replenishment, faces oversupply worries due to record-high US output.
Yen jumps to a 3-month high on policy shift
2023-12-08
The Japanese yen rose as the BOJ considered exiting ultra-low rates. The Fed and ECB expect rate cuts to boost bullish sentiment.
Oil hits 6-months low on record US production
2023-12-07
Oil prices rebounded in early Asian trading but stayed near June's lows due to elevated US crude output and gasoline inventories.
The unemployment rate rises to 3.9% - NFP
2023-12-06
The United States added 150,000 nonfarm payrolls in October, and the unemployment rate rose to 3.9%, lower than expected.
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