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BOC Business Survey Puts Loonie on Back Foot
2024-07-17
The Canadian dollar hit a 12-day low on Tuesday after a BOC survey indicated declining inflation, increasing expectations for a rate cut this month.
Gold stays above 2,400 after Trump shooting
2024-07-15
Gold steadied above $2,400 on Monday as cooling inflation and a drop in US consumer prices raised hopes for a Fed rate cut in September.
Australian Dollar Steady Before China Data
2024-07-15
Australian dollar nears six-month highs Friday, expecting two Fed rate cuts, faces challenges from upcoming China economic data next week.
Crude Prices Edge Up on Balanced Market
2024-07-12
Oil prices rose early Friday in Asia due to strong summer demand and easing US inflation, boosting investor confidence.
Retail Interest in Japan Stocks Mirrors Wall Street
2024-07-12
Japan’s Nikkei 225 hit a new record high with a nearly 2% rise on Tuesday, fueled by surging investor interest from both local and foreign markets.
More Short-Selling Curbs Send Chinese Stocks Higher
2024-07-12
The FTSE China A50 Index and Hang Seng Index rebounded sharply Thursday but still lag other major stock markets that hit record highs this year.
US CPI June - U.S. Prices are Unexpectedly Flat
2024-07-12
In May, US consumer prices were flat as cheaper gasoline offset higher rental costs, but inflation remains too high for Fed rate cuts.
Bulls Yet to Have Tired Legs as Tech Stocks Advance
2024-07-11
Global equities fell Tuesday, Treasury yields rose on Powell's cautious tone, while the S&P 500 and Nasdaq 100 continued their record highs.
Gold Prices Wobble as Asia Purchase Stalls
2024-07-10
Gold steadied on Tuesday after a 1% decline due to a stock market rally and investor profit-taking. Asian buying enthusiasm also cooled down.
French Stocks Eye Relief Rally After Leftists' Victory
2024-07-09
European shares fell on Friday due to losses in banks and energy stocks ahead of France's second round of parliamentary elections.
June NFP - Unemployment Rate Increase to 4%
2024-07-09
In May, the US added 272k non-farm jobs, surpassing Wall Street's expected 185k, with a slight uptick in unemployment to 4%.
Labour's Landslide: Impact on Large-Cap UK Stocks
2024-07-09
Labour achieved a historic landslide victory in the UK election, returning to power after 14 years. The outcome aligned closely with exit polls.
Australian dollar hits six-month high due to iron ore rally
2024-07-05
The Australian dollar hit a 6-month high on Friday on the US slowdown and iron ore price rise, driven by China steel demand bets.
Gold Hit Near Two-week High on US Slowing
2024-07-05
Gold prices neared a two-week high on Thursday, boosted by expectations of a Fed interest rate cut in September following labor market easing.
Stock Investors Embrace High Concentration and Valuation
2024-07-04
The US stock market rose over 14% in H1, led by tech giants Nvidia, Microsoft, Amazon, Meta, and Apple, boosting the S&P 500's performance.
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