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Gold overshadows battered crude on US slowdown
2023-11-17
Asian oil prices are set for a fourth consecutive weekly drop, tumbling 5% to four-month lows amid demand worries on Thursday.
Gold meanders after quiet session
2023-11-16
Flat gold prices in early Asian hours on Thursday were due to a robust dollar, despite economic data easing worries of additional rate hikes.
Oil muted despite weakening dollar
2023-11-15
Middle East tensions lifted Wednesday's Asian oil prices, but they showed a limited response to Tuesday's US inflation-easing signs.
September CPI rose 3.7% YoY - US CPI in October
2023-11-13
In September, consumer prices increased 3.7% YoY, matching August's gain and slightly surpassing economists' 3.6% forecast.
U.S. CPI YoY June
2023-11-13
After the June jobs report showed a cooling but still-hot picture of the labour market, investors are looking to a key inflation report due Wednesday for more clues on the economy’s health.
Equity and bond funds shrug off Powell
2023-11-13
Wall Street rallied despite Powell's inflationary remarks; European shares fell from three-week highs on a luxury stock decline.
Gold under pressure of hawkish central banks
2023-11-10
Gold flat, set for the worst week in a month due to a strong dollar, Treasury yields post-Fed Chair Powell's hawkish comments.
Gold slips on rally in risk assets
2023-11-09
Gold prices rose as Treasury yields dipped. It had the largest daily loss since October 2 and fell for three consecutive days.
Oil hit over three-month low on supply increase
2023-11-08
Oil prices fell to a 3-month low, down over 4%, due to rising OPEC exports and a murky demand outlook, prompting market concerns.
Oil prices wobble ahead of China trade data
2023-11-07
Oil prices fell on Tuesday, erasing most prior gains amid renewed demand worries. Saudi Arabia and Russia confirmed extra supply cuts until year-end.
Gold steadies below 2000 after weak NFP
2023-11-06
Gold rose as weak job data reinforced the belief that the Fed might have peaked in raising rates, causing the US dollar and Treasury yields to fall.
Global shares celebrate interest rate peaks
2023-11-03
Wall Street's main indexes surged by 2%, and European shares rose over 1% on Thursday as central banks paused tightening.
The Fed's Nov 2023 meeting
2023-11-02
To curb surging inflation, the Fed has hiked rates 11 times since March 2022, with a September pause. Powell stays cautious about ending the battle.
Labor market contraction - NFP
2023-11-02
Nonfarm payrolls rose by 336,000 in September, surpassing the Dow Jones forecast of 170,000 and exceeding the prior month by over 100,000.
Crude rebounds from 3-week low on Iran’s threats
2023-11-02
Oil markets are tense due to the Middle East conflict. The Fed maintains rates, and economic data hints at a slowdown.
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