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Read snapshots of the latest market news
US inflation edges higher
Inflation concerns persist globally, as U.S. inflation ticks up and central bankers in Europe caution on growth and policy impacts.
13 Nov 2024, 13:53
S&P breaks 6,000, Bitcoin tops $81K
Bitcoin: Surges past $81,000, driven by pro-crypto Trump stance and supportive lawmakers
11 Nov 2024, 07:25
Trump victory ignites market surge as stocks, dollar, and yields soar
Donald Trump's victory drove US stocks, the dollar, and Treasury yields higher, as investors bet on a revival of pro-growth policies.
6 Nov 2024, 13:28Trump wins: market reacts to red sweep
he U.S. Dollar strengthened significantly, rising about 1.5% as investors adjusted their positions in response to the election outcome
6 Nov 2024, 11:01US job growth slows to lowest rate since 2020
The U.S. economy added just 12,000 jobs in October, well below market expectations of 113,000 and following downward revisions to previous months, as hurricanes and strike actions weighed on hiring across key sectors
1 Nov 2024, 14:14U.S. growth slows, Eurozone surprises in Q3
The U.S. economy grew by 2.8% in Q3, slightly under expectations, while strong consumer spending and a resilient job market supported growth. In Europe, Germany’s inflation rose to 2%, and Eurozone GDP grew by 0.4%, with both Germany and France exceeding forecasts.
30 Oct 2024, 14:11Political shift lifts USD/JPY as Japan's ruling party loses ground
Mixed start with strong USD driven by rising yields and Fed rate cut expectations
28 Oct 2024, 05:55USD/JPY climbs, eyes on Japan's response.
Today's focus includes the US Crude Oil inventory report, ECB speeches, and major corporate earnings
22 Oct 2024, 07:19Gold extends record-breaking rally, China lowers rates
The People's Bank of China slashed key lending rates, with the 1-year LPR at 3.1% and the 5-year LPR at 3.6%. Meanwhile, gold prices continued their record-breaking rally, driven by rising geopolitical tensions
21 Oct 2024, 13:42Gold's five-day winning streak continues
Gold hit a new high of $2,720 per ounce last week, reaching above $2,730 on Monday during Asian trading, marking its fifth consecutive day of gains.
21 Oct 2024, 06:17