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May ADP - The Job Market Remains Strong
2024-06-06
The ADP report showed that the U.S. private sector added 192,000 jobs, hiring increased in various industries, and the labor market remained strong.
Fund Managers Choose Gas over Oil Dip
2024-06-05
Oil prices eased Tuesday, extending 4-month lows as investors fear supply increases later in the year. Losses continue from the previous session.
Canadian Dollar Strengthens Despite Economic Headwinds
2024-06-04
The Canadian dollar rose Monday as falling Treasury yields offset expectations of a BOC rate cut next week due to weak GDP data.
US Inflation Rises in April - PCE Price Index
2024-06-04
In March, the US core PCE price index remained at 2.8% year-on-year, showing solid consumer spending amid ongoing pressure.
OPEC+ Meeting Poised to Revitalize Sluggish Oil Markets
2024-06-04
Oil prices fell Friday as Fed officials said rate cuts were premature, and a surprise build in US gasoline stocks added pressure.
Gold and Silver Remain Strong Despite Recent Pullback
2024-05-31
Gold and silver prices fell Thursday amid inflation concerns. Despite recent declines, analysts foresee their strengthening in the coming year.
UK Stock Market at High Stake on Wednesday
2024-05-30
The FTSE 100 Index tumbled Tuesday as bids for two major companies neared a deadline. Foreign investors are snapping up discounted stocks.
Investors Increasingly Bullish on US Equities Before Holiday
2024-05-30
Asian stocks are flat Tuesday, awaiting global inflation data. Wall Street closed for Memorial Day. Investors are buying on cooling inflation signs.
Japan renews push to support yen along with G7
2024-05-27
Yen up Monday, but no convincing rebound. Traders were puzzled by the 11% yearly loss, despite expected policy convergence.
Japan's Two-Speed Economy Holds Back Policymakers
2024-05-27
Japanese Finance Minister Suzuki is concerned that the yen's depreciation will boost inflation and harm consumption and corporate profits.
UK Election Called for July Lifts Sterling
2024-05-27
Sterling rose as PM Rishi Sunak announced a parliamentary election on July 4, reducing political uncertainty, according to analysts.
Russia Supply and US Stock Plague Oil Markets
2024-05-27
Friday's oil prices held steady as investors digested the Fed's rate comments amidst inflation concerns, supported by seasonal fuel demand.
Bullion moves sideways on China shrinking import
2024-05-22
Gold prices held steady on Wednesday. China’s bullion imports slowed as demand weakened in the face of record prices.
Risk appetite shores up global stock markets
2024-05-21
Investors' risk appetite remained strong, potentially leading to further Asian gains. Japan's Nikkei surpassed 39,000 for the first time in a month.
Silver prices shoot up as a dual asset
2024-05-21
Gold and silver prices rose sharply on Monday after last week. Strategists expect they could hit new record highs in the coming months.
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