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Oil Prices Pull Back as China Data Disappoint
Oil Prices Pull Back as China Data Disappoint
2024-06-21
Oil prices dipped Wednesday from seven-week highs as demand optimism and conflict concerns offset a rise in US crude inventories.
UK Stocks Surge as French Market Struggles
UK Stocks Surge as French Market Struggles
2024-06-21
French stocks and the euro are volatile as France Euro 2024 star Mbappe calls on young people to get involved in politics.
Euro May Fall Further Against Swiss Franc Amid Fear
Euro May Fall Further Against Swiss Franc Amid Fear
2024-06-21
On Wednesday, EU political turmoil pushed the euro near mid-February lows against the Swiss franc, boosting safe-haven appeal.
AI Rally Goes On and On Even Without Rate Cuts
AI Rally Goes On and On Even Without Rate Cuts
2024-06-18
The S&P 500 and Nasdaq 100 hit record highs as tech shares surged on AI enthusiasm, with less concern over Fed rate cuts this year.
Gold Prices Drop with Lingering Political Uncertainty
Gold Prices Drop with Lingering Political Uncertainty
2024-06-18
Gold prices fell Monday as Treasury yields rose. Despite high prices, Asian retail buyers remain keen to purchase more of the precious metal.
Oil Prices on Track for Weekly Gain Heading into Summer
Oil Prices on Track for Weekly Gain Heading into Summer
2024-06-18
Oil prices fell Friday but aimed for their first weekly gain in four weeks, balancing high US interest rates against strong demand outlooks.
Nikkei 225 Falters Amid Subdued Capex Trends
Nikkei 225 Falters Amid Subdued Capex Trends
2024-06-14
Nikkei 225 fell on Wednesday amid an ongoing poor performance. Speculation rises on the BOJ considering the interest rate hike to bolster the yen.
US Stocks Notch Records Before Fed Decision
US Stocks Notch Records Before Fed Decision
2024-06-14
Nasdaq 100 and S&P 500 hit all-time highs Tuesday. Investors expect no Fed rate change, but the FOMC will release its economic projections.
Bullion Caught Between China Buying and US Rate Changes
Bullion Caught Between China Buying and US Rate Changes
2024-06-14
Gold prices fell Thursday after an encouraging inflation report and the Fed reducing its rate cut expectations for this year from three to one.
​US CPI May - U.S. Inflation Fell Slightly in April
​US CPI May - U.S. Inflation Fell Slightly in April
2024-06-14
US inflation eased slightly in April, offering some relief to households. CPI rose 3.4% year-on-year, meeting expectations.
A Perfect Storm Lurks in Europe after Far-Right Gains
A Perfect Storm Lurks in Europe after Far-Right Gains
2024-06-12
The pound fell against the euro after Macron's snap election call and a far-right victory, leading to a decline in the common currency.
Aussie Dollar Faces Pressure Despite Higher Inflation
Aussie Dollar Faces Pressure Despite Higher Inflation
2024-06-10
The Aussie dollar is rebounding after a slump early this year, yet struggles with weak economic growth persist.
U.S. Job Creation Underwhelms in Latest NFP Report
U.S. Job Creation Underwhelms in Latest NFP Report
2024-06-10
U.S. April nonfarm job growth was below expectations, and the unemployment rate rose, raising the likelihood of a Fed rate cut soon.
US Equities Look Ahead to Golden July
US Equities Look Ahead to Golden July
2024-06-10
The S&P 500 and Nasdaq closed slightly lower on Thursday, pulling back from prior session highs, as investors anticipate a crucial labor market report.
Loonie on the Defensive after BOC Rate Cut
Loonie on the Defensive after BOC Rate Cut
2024-06-06
Canadian stocks and bonds surged as the BOC, first among the G7 central banks, slashed rates, pushing the loonie to a two-week low.