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​Wall St may slide the slope of hope
​Wall St may slide the slope of hope
2024-04-24
U.S. stocks are influenced by inflation, and experts are cautiously optimistic. Banks raised S&P 500 targets, expecting 5,500 by year-end.
Gold prices steady on shaky Treasuries
Gold prices steady on shaky Treasuries
2024-04-24
Gold prices steadied on Wednesday after reaching a two-week low from easing Middle East tensions. The fragile bond market may limit further declines.
Euro outruns sterling with BOE on tenterhooks
Euro outruns sterling with BOE on tenterhooks
2024-04-23
The euro stayed flat after rising against the pound last week. UK and EU banks signaled their readiness to act amid easing price pressures.
US stocks plummet before tech earnings season
US stocks plummet before tech earnings season
2024-04-22
US major stock indexes dropped Friday; Treasury yields fell amid weak earnings, interest rate uncertainties, and geopolitical tensions.
​Oil yet to grease the wheels on loonie
​Oil yet to grease the wheels on loonie
2024-04-19
The Canadian dollar weakened after the Bank of Canada held interest rates steady and hinted at possible monetary policy easing soon.
Wall St meanders as AI frenzy cools off
Wall St meanders as AI frenzy cools off
2024-04-19
Asian shares and bond yields fell as safe-haven assets rose during the Mideast conflict. Nasdaq 100 dropped for the fourth time in five sessions.
Oil prices climb as the West considers fresh sanctions
Oil prices climb as the West considers fresh sanctions
2024-04-18
Oil prices rose Thursday on supply concerns. The US plans to reinstate oil sanctions on Venezuela; the EU discusses new sanctions on Iran.
Australian dollar rebounds but concerns linger
Australian dollar rebounds but concerns linger
2024-04-17
The Australian dollar has rebounded from a 5-month low against the US dollar. China's Q1 GDP is up 5.3% YoY, boosted by external demand.
​Beleaguered yen braces for 160
​Beleaguered yen braces for 160
2024-04-16
On Tuesday, the Japanese yen fell below 154 against the dollar due to the dollar's strength following positive US economic data.
US stocks tumble for a second day as mood sours
US stocks tumble for a second day as mood sours
2024-04-16
Asian stocks fell on strong US retail sales, boosting the dollar to over five-month highs. US stocks plunged, hitting a six-month volatility peak.
Gold touches 2,400 as Iran flexes muscles
Gold touches 2,400 as Iran flexes muscles
2024-04-15
Gold prices rose Monday after hitting a record high. Amid Middle East tensions, bullion began a fourth consecutive week of gains.
Wall St sinks on worrisome CPI reading
Wall St sinks on worrisome CPI reading
2024-04-11
US stocks plunged Wednesday as unexpected inflation dashed hopes of a June rate cut. Treasury yields hit 4.5%, the highest since November.
US gas price heats up amid commodity boom
US gas price heats up amid commodity boom
2024-04-10
US gas prices rose Wednesday, buoyed by recovery signs in Europe and Asia and robust US growth, extending this month's rally with other commodities.
Silver has regained lustre near its two-year high
Silver has regained lustre near its two-year high
2024-04-09
Gold prices climb for the 8th day due to central bank buying and geopolitical tensions, ignoring the strong jobs report.
CPI-Fed delays rate cuts
CPI-Fed delays rate cuts
2024-04-08
The US March CPI at 3.2%, surpassing expectations, may delay Fed rate cuts. Energy costs are up 2.3%, a sustained trend for 9 months.