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Crude Oil Prices Rise for Third Day
Crude Oil Prices Rise for Third Day
2024-08-09
Oil prices increased for the third consecutive day after US crude stockpiles dropped significantly, rebounding from multi-month lows.
​Fast money fails to pull lira out of a death spiral
​Fast money fails to pull lira out of a death spiral
2024-08-07
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
​Yen rally halts when stocks make a spectacular comeback
​Yen rally halts when stocks make a spectacular comeback
2024-08-06
Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.
AI Reckoning May Have Begun
AI Reckoning May Have Begun
2024-08-06
The Nasdaq 100 entered correction territory on Friday, losing over $2 trillion in value in three weeks as traders unwound long-profitable bets.
Japanese Stocks Suffer Worst Day Since 1987
Japanese Stocks Suffer Worst Day Since 1987
2024-08-06
Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.
​Jul NFP - Immigration Affects Employment Data
​Jul NFP - Immigration Affects Employment Data
2024-08-05
The US labour market has been showing perplexing trends recently, marked by robust nonfarm payroll growth juxtaposed with a rising unemployment rate.
Oil Bulls Need More Than Israel's Conflict
Oil Bulls Need More Than Israel's Conflict
2024-08-05
Oil prices are caught between Middle East turmoil and a global slowdown. Israel's killing of two Hamas leaders this week escalates conflict concerns.
Stocks Plummet Amid Souring Sentiment Toward AI
Stocks Plummet Amid Souring Sentiment Toward AI
2024-08-05
Global equities fell Thursday as US data fueled economic worries, causing sell-offs on Wall Street and a major rout in European financial stocks.
​Israel Retaliation Sets Oil Prices on Fire
​Israel Retaliation Sets Oil Prices on Fire
2024-08-02
Oil prices rose Thursday in early Asian trading after a Hamas leader's killing in Iran heightened fears of a wider Middle East conflict.
The Fed's July Meeting: Rate-Cut Dilemma
The Fed's July Meeting: Rate-Cut Dilemma
2024-08-01
Fed officials are expected to keep the key interest rate steady this week, despite some economists suggesting July is the right time for a cut.
The Wealth May Give Bullion a Boost in H2
The Wealth May Give Bullion a Boost in H2
2024-08-01
Gold prices remained above $2,400 as investors anticipated that the Fed might signal a September rate cut at this week's policy meeting.
Hedge Funds Growing Bullish on Europe
Hedge Funds Growing Bullish on Europe
2024-07-31
European shares dipped Monday as investors were cautious at the start of earnings week, with the upcoming Fed meeting adding to uncertainty.
​Undervalued Norway's Krone Poised for a Rebound
​Undervalued Norway's Krone Poised for a Rebound
2024-07-31
Norway’s krone hit a year-low on Monday. Despite delayed policy easing compared to peers, it’s the worst-performing G10 currency this year.
Funds Snap Up UK Stocks Quickly
Funds Snap Up UK Stocks Quickly
2024-07-31
BlackRock and Allianz see a UK stock market turnaround, hoping an improving economy, lower interest rates, and political stability will help.
Euro Rally Against Sterling Defies Macro Shift
Euro Rally Against Sterling Defies Macro Shift
2024-07-31
The euro hovered around a two-week high against the pound on Friday, despite data showing the UK's recovery is outpacing the eurozone's.