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Oil and gas rally stalls on profit-taking
Oil and gas rally stalls on profit-taking
2023-10-31
Oil prices rebounded on Tuesday, recovering from a 3% drop the previous day. Concerns about supply disruptions due to the Israel-Hamas conflict eased.
Gold prices surpass $2000 amid safety rush
Gold prices surpass $2000 amid safety rush
2023-10-30
Gold, up three consecutive weeks, attracts investors amid a risk-off mood, holding above $2000 and defying elevated Treasury yields.
Risk assets tumbled despite upbeat earning season
Risk assets tumbled despite upbeat earning season
2023-10-27
US stocks fell Thursday, led by NASDAQ, as investors assessed mixed earnings and rising interest rates. All major indexes are set for weekly losses.
​Yen slides to weakest this year without intervention
​Yen slides to weakest this year without intervention
2023-10-26
The yen slumped back past 150 per dollar again, raising the risk of forex intervention and piling pressure on the BOJ to adjust monetary policy.
Oil finds no direction on mixed signals
Oil finds no direction on mixed signals
2023-10-26
Oil prices stabilize after three consecutive falls, with discouraging European economic data casting uncertainty on fuel demand.
Gold consolidates as Treasury yields retreat
Gold consolidates as Treasury yields retreat
2023-10-26
Gold prices rose as US Treasury yields retreated from above 5%, driven by the Israel-Hamas conflict, with gold surging in the past two weeks.
​Traders are on tenterhooks as yen gazes 150
​Traders are on tenterhooks as yen gazes 150
2023-10-26
The yen weakened past 150 against the dollar due to the Japan-US yield gap, driving carry trades and global efforts to manage Middle East tensions.
​Gold rallies to three-month high despite soaring yields
​Gold rallies to three-month high despite soaring yields
2023-10-26
Gold reached a 3-month high amid Middle East tension, while the Fed Chair voiced concerns over high inflation. Gains continue for a 2nd week.
Oil traders digest OPEC’s policy amid war
Oil traders digest OPEC’s policy amid war
2023-10-26
Oil prices dropped on Thu after a 2% gain. Iran seeks oil embargo on Israel, and US crude stocks fell exceeding forecasts.
Oil prices back above 90 on dual tailwinds
Oil prices back above 90 on dual tailwinds
2023-10-26
Middle East tension and Gaza hospital blast, with hundreds killed, raised concerns of oil supply disruption, causing oil price surge on Wednesday.
The Fed's January FOMC interest rate meeting
The Fed's January FOMC interest rate meeting
2023-10-23
The central question facing the Fed is what to do with interest rates at a time when the current economic data shows continued strength and inflation well above the Fed’s target, but stresses in the banking system threaten to derail growth. Traders are pricing in a quarter-point hike in January, according to the CME tool.
Oil rally snaps on hope for Venezuelan supply
Oil rally snaps on hope for Venezuelan supply
2023-10-17
Oil stabilized, with hopes rising for a US-Venezuela deal to ease sanctions on crude exports in exchange for monitored elections next year.
Oil rockets as Israeli-Palestinian tensions near boiling point
Oil rockets as Israeli-Palestinian tensions near boiling point
2023-10-16
Oil prices retreated after leaping nearly 6% on Friday when Brent posted its highest weekly gain since February, as tension boiled in Gaza.
​Yen bears cheer sticky US inflation
​Yen bears cheer sticky US inflation
2023-10-13
US consumer prices increased in September, but a steady moderation in underlying inflation pressures bolstered the case for the end of rate hikes.
Oil prices erase all gains since Hamas attack
Oil prices erase all gains since Hamas attack
2023-10-12
Oil prices extended its loss on Thursday after a drop of over 2% as Saudi Arabia pledged to help stabilise the market.