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​Wall St wobbles following bumper rate cut
​Wall St wobbles following bumper rate cut
2024-09-19
Asian stocks rose after the Fed's rate cut, while US stocks fell amid volatility. Concerns grow that the cut signals economic trouble.
​Bullion risks pullback on a small rate hike
​Bullion risks pullback on a small rate hike
2024-09-18
Gold stayed close to last week's record high, up 25% this year and breaking multiple records as a top-performing commodity.
​Gold hits all-time high as Fed rate-cut hopes bolster appeal
​Gold hits all-time high as Fed rate-cut hopes bolster appeal
2024-09-13
Gold prices jumped 1.5% to a record high, fueled by expectations of a Fed rate cut after U.S. data signaled an economic slowdown.
​Japan stocks jump 3% as yen slips
​Japan stocks jump 3% as yen slips
2024-09-12
Asian stocks rose on Thursday, following Wall Street's tech rally. Japan's Nikkei 225 surged 3%, while Chinese markets continued to struggle.
US CPI Aug - July CPI growth met expectations
US CPI Aug - July CPI growth met expectations
2024-09-11
July inflation rose as expected due to higher housing costs, increasing the chance of a September rate cut, says the Labor Department.
Tropical storm offers loonie a respite
Tropical storm offers loonie a respite
2024-09-11
The Canadian dollar rose from a 3-week low as oil steadied, and the BOC cited challenges in hitting its 2% inflation target.
​US stocks firm after a nightmare week
​US stocks firm after a nightmare week
2024-09-10
US stocks rebounded Monday following the S&P 500's worst week of 2023, with investors focusing on inflation and its influence on potential rate cuts.
​DAX 40 Hits Record High with Worrying Outlook
​DAX 40 Hits Record High with Worrying Outlook
2024-09-09
Germany’s DAX Index set a new record last session, rebounding from August’s selloff on renewed optimism about interest rates.
​Tide May Be Turning Across Europe
​Tide May Be Turning Across Europe
2024-09-03
The UK government stated it has "no plans" to rejoin Erasmus+, surprising many as the new PM focuses on resetting relations with the EU.
​Swiss franc carry trades could blow up
​Swiss franc carry trades could blow up
2024-09-03
The Swiss franc eased Tuesday, but as investors use it over the yen for carry trades, the risk of a rapid rally remains a constant concern.
July PCE Price Index Shows Steady Decline in Prices
July PCE Price Index Shows Steady Decline in Prices
2024-09-03
An important Fed gauge showed June inflation eased slightly from last year, paving the way for a widely expected September rate cut.
​Sterling Rally Looks Shaky Amid Excess Speculative Bets
​Sterling Rally Looks Shaky Amid Excess Speculative Bets
2024-09-03
Sterling remained at a 2-year high Friday, with analysts warning that speculative rate bets driving the rise could quickly reverse.
​Oil in the Doldrums Despite Libya's Lower Output
​Oil in the Doldrums Despite Libya's Lower Output
2024-08-30
Oil prices stayed steady Thursday as a smaller US crude draw and worries over China demand balanced out Libyan supply disruptions.
Dow Smashes All-time High Before Nvidia Report
Dow Smashes All-time High Before Nvidia Report
2024-08-30
The S&P 500 rose on Tuesday, while the Dow Jones hit a record high. Both await Nvidia's quarterly report and upcoming economic data later this week.
Yen Slips Amid Hopes for Continued Rally
Yen Slips Amid Hopes for Continued Rally
2024-08-30
On Tuesday, the yen fell from a three-week high as carry trades unwound aggressively. Strategists warn the unwinding might not be over yet.