Oil Prices Rise, Markets Remain Uneasy

Oil prices rose about 1% on Monday (September 1st) as a weaker dollar and Russia-Ukraine tensions threatened supply, with Brent at $67.96 and WTI at $64.66. Despite the gains, the market remains clouded by the OPEC+ supply surplus and weakening global demand. Looking ahead, analysts estimate a...

Gold ticks up as Treasury yields slip and retail sales data in focus

  Gold prices inched higher on Wednesday, as U.S. Treasury yields eased, while market participants waited for more U.S. economic data to determine the number of interest rate cuts the Federal Reserve is likely to deliver in the near term.  Spot gold rose 0.3% to $2,667.97 per...

Gold ticks up as Treasury yields slip U.S. retail sales data in focus

  Gold prices inched higher on Wednesday, as U.S. Treasury yields eased, while market participants waited for more U.S. economic data to determine the number of interest rate cuts the Federal Reserve is likely to deliver in the near term.  Spot gold rose 0.3% to $2,667.97 per...

Stock futures are flat in overnight trading with key corporate earnings on deck

Stock futures were little changed in overnight trading Sunday as investors waited to assess whether the next batch of key corporate earnings could power the market to more records. Futures on the Dow Jones Industrial Average traded neat the flatline. S&P 500 index futures were flat, while...

European markets look set to keep positive momentum in the new trading week

European stocks are expected to start the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday’s rally on Wall Street. The U.K.’s FTSE Asia-Pacific markets mostly climbed overnight, led by Japan’s Nikkei 225 rising almost 2% as investors look ahead to a week of...

Japan’s Nikkei opens up 2% as Asia markets mostly climb ahead of a week of central bank decisions

Asia-Pacific markets mostly climbed on Monday, led by Japan’s Nikkei 225  gaining 2% as investors look ahead to a week of central bank decisions from around the region. Three central banks are set to release their interest rate decisions this week, namely the Bank of Korea, the Reserve Bank...

Stock futures are little changed after sluggish start to October

Stock futures were calm on Sunday evening as Wall Street looks to keep the momentum from Friday’s rally. S&P 500 futures  added 0.1%. Nasdaq 100  futures were up roughly 0.2%, while Dow Jones Industrial Average futures ticked up 53 points, or about 0.1%. The move in futures comes...

Stock futures are little changed as Wall Street awaits September jobs report

U.S. stock futures were flat early Friday as traders looked ahead to the widely anticipated release of September’s jobs report on Friday morning. Futures tied to the Dow Jones Industrial Average  lost 7 points,or 0.02%,S&P 500 futures,and Nasdaq 100 futures traded around the...

Hong Kong stocks rally more than 6% in return from public holiday

Hong Kong’s Hang Seng index was trading more than 6% higher Wednesday after returning from a public holiday on Tuesday, signaling further optimism about Beijing’s stimulus policies. Property developers fueled the gains, with China Vanke  Logan Group and Longfor Group leading, up over 40%,...

Asia-Pacific markets fall as investors monitor Middle East tensions

Asia-Pacific markets opened lower Wednesday morning, following a poor start to the trading month on Wall Street that saw major indexes fall amid rising Middle East tensions. Australia’s S&P/ASX 200 opened down 0.2%, while Japan’s Nikkei 225 started the trading day lower by 1.5%. South...

European stocks mostly edge higher eurozone inflation in spotlight

European stock markets edged mostly higher Tuesday, starting the new quarter on a positive note ahead of the release of key regional inflation data. At 03:05 ET (07:05 GMT), the DAX index in Germany traded 0.4% higher and the FTSE 100 in the U.K. climbed 0.1%, while the CAC 40 in France slipped...

Australian Dollar depreciates, the downside seems limited due to improved risk sentiment | Dolar Australia terdepresiasi, penurunannya tampak terbatas karena sentimen risiko yang membaik

The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday. The AUD/USD pair receives downward pressure from stable Greenback amid improved US Treasury yields. However, the downside of the risk-sensitive AUD could be retrained as news of further stimulus from China, its largest...

China stocks soar in stimulus afterglow; dollar sags on rate bets

Gold Hovers at Record Levels

Gold traded near $2,630 per ounce on Tuesday, hovering at record levels, as prospects of less restrictive monetary policy and elevated geopolitical risks magnified support for safe-haven assets. The significant rate cut by the Federal Reserve continued to enhance the appeal of the precious metal,...

Asia stocks hit 2-1/2-year high on China's stimulus measures

Asian stocks rose on Tuesday to their highest in more than two and half years, boosted by a slew of Chinese stimulus measures while expectations for more U.S. rate cuts kept risk sentiment aloft and the dollar under pressure. In an eagerly awaited press conference, China's top financial...

Market Review Friday, August 23, 2024

Nikkei Japanese stocks capped off the week with gains on Friday, even as Bank of Japan (BOJ) Governor Kazuo Ueda reiterated his intent to raise interest rates if inflation hits the 2% target. The Nikkei 225 rose 0.4%, or 153.26 points, closing at 38,364.27. The cautious stance comes amid...

Market Review Thursday, August 22, 2024

Nikkei Japanese stocks advance as expectations of US rate cuts supported shares ranging from technology companies to trading firms.  Topix Index rose 0.2% to 2,671.40 as of market close Tokyo time. Nikkei 225 advanced 0.7% to 38,211.01. Shin-Etsu Chemical contributed the most to the...

Market Review Wednesday, August 21, 2024

Nikkei Japanese shares slid on Wednesday as the stronger yen dampened investor sentiment and raised earnings concerns. The Nikkei 225 fell 0.29%, or 111.12 points, to end at 37,951.80. The yen steadied around 145 to the dollar after Tuesday's rally. Investors are cautious ahead of Friday's...

Market Review Tuesday, August 20, 2024

Nikkei In Tokyo, the Nikkei 225 Index rose 686 points or 1.84 percent on Tuesday. Leading the gains are M3 (7.64%), Secom (6.30%) and Yamaha (5.90%). Hang Seng The Hang Seng dropped 58 points or 0.3% to close at 17,511 on Tuesday, ending lower for the first session in four amid falls from most...

Market Review Monday, August 19, 2024

Nikkei Japanese stocks declined, halting a five-day advance, as the yen’s rebound against the dollar weighed on technology firms and exporters. Topix Index fell 1.4% to 2,641.14 at market close. Nikkei 225 declined 1.8% to 37,388.62. Tech companies were the heaviest drag on the Topix as the...