News
Entertainment
Science & Technology
Life
Culture & Art
Hobbies
News
Entertainment
Science & Technology
Culture & Art
Hobbies
Global stocks wavering towards worst month since September
World equities have slipped this month as hopes of quick Fed rate reductions this year reduced after a series of hotter than expected U.S. inflation data Global stocks were teetering on Friday towards their worst month since September, although futures markets forecasted strong tech earnings would trigger a Wall Street relief rally later in the
Dollar drops after mixed US growth, inflation data
While the dollar was hardly shaken against the beleaguered yen, it otherwise only rose briefly after the Commerce Department reported that U.S. GDP rose at a 1.6% annualised rate in the January-March period The U.S. dollar dropped on Thursday, except against the yen, wavering after data showed unexpected slowing in economic growth and an unwelcome
Oil stable as demand concerns balance Middle East tensions
This week's supply report from the U.S. EIA on Wednesday showed gasoline stockpiles dropped less than predicted while distillate stockpiles increased against expectations of a drop, reflecting signs of slowing demand Oil steadied on Thursday after settling lower the previous day as signs of retreating fuel demand in the U.S., the world's largest oil user,
European shares follow Wall Street lower
The pan-European Stoxx 600 index dropped 0.43% at 505.61 by the end of trading European shares recorded slight losses on Wednesday with investors seemingly taking their cue from a weak start to the session in the US amid the latest raft of company results. The pan-European Stoxx 600 index dropped 0.43% at 505.61 by the
European markets rise after PMI data
The pan-European Stoxx 600 added 1.11% to reach 507.89, as the DAX advanced 1.58% to 18,142.58, CAC 40 rose 0.87% to settle at 8,110.41 and the FTSE 100 rose 0.26%, touching 8,044.81 European markets closed above the waterline on Tuesday, driven by positive survey data from the eurozone that bolstered investor sentiment. The pan-European Stoxx
Europe stocks close higher as Middle East tensions ease
The STOXX 600 index advanced 0.6%, bouncing back from last week's selloff sparked by geopolitical fears as well as concerns that the Fed will delay interest rate cuts European stocks ended higher on Monday, with British blue-chips nearing record levels as investors took comfort from easing tensions in the Middle East and looked ahead to
Currencies steady but cautious following a weary week
A cooling in Middle East tensions, which had driven the dollar, gold and crude oil prices sharply higher on Friday and battered stock markets, also helped temper volatility The euro and yen barely moved in Asian trading on Monday and the U.S. dollar was perched just off five-month highs after last week's hectic policy and
Yen hits new multi-year lows against dollar, euro
The euro, which jumped broadly after stronger than expected business activity data in France and Germany, hit 165.62 yen, its highest since 2008 The yen hit new multi-year lows against the dollar and the euro on Tuesday, keeping investors on heightened intervention watch ahead of the Bank of Japan's meeting this week, while dovish policy
Shares rise on Big Tech earnings, yen hits new 34-year low
The MSCI All-World index, which on Friday reached a two-month low, was up 0.2%, lifted by gains in Europe, where the FTSE 100 reached a record high, while the STOXX 600 traded at one-week highs Global shares rose on Tuesday, driven by a recovery on Wall Street, where investor focus is on earnings reports from
World stocks recover, while bonds, oil and gold slide
Shares gained on Monday, with the STOXX 600 0.25% higher and S&P 500 futures up 0.36% after MSCI's broadest index of Asia Pacific shares outside Japan added 0.8% World stocks recovered some losses on Monday and bonds, oil and gold slipped as investors reversed some of their more defensive positions taken going into the weekend
Oil jumps on supply disruption concerns
Brent futures were up $1.40, or 1.61%, at $88.51 a barrel Oil prices climbed on Friday as reports that Israel had attacked Iran roiled markets and triggered concerns that Middle East oil supply could be disrupted. The benchmark contracts soared more than $3 before easing marginally. At 0615 GMT, Brent futures were up $1.40, or
Asian stocks drop, Nikkei plunges 3.5%
S&P/ASX 200 slipped 1.7% to 7,512.70, Kospi declined 2.9% to 2,558.56, Hang Seng lost 1.4% to 16,161.24, while the Shanghai Composite pulled back 0.1% to 3,071.76 Asian stocks dropped Friday, with Japan’s Nikkei plunging 3.5% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across
S&P 500 drops for fifth consecutive session
The Dow Jones Industrial Average stayed just above the flatline, while the Nasdaq Composite slid 0.5%, extending tech's recent decline US stocks closed largely in the red on Thursday as April's doldrums lingered in the market. The S&P 500 dropped nearly 0.2% to notch its fifth consecutive session of declines, its longest losing streak of
Gold rises as escalating Middle East tensions boost demand
Bullion's upside came despite data showing U.S. weekly jobless claims were unchanged at low levels last week Safe-haven gold rose on Thursday as ongoing tensions in the Middle East added to the metal's appeal despite robust economic data from the U.S. that raised prospects of fewer interest rate cuts. Spot gold strengthened 1% at $2,384.83
Oil drops 3% as U.S. commercial inventories rise
Brent futures for June settled down $2.73, or 3%, at $87.29 a barrel, while U.S. crude futures for May settled down $2.67 or 3.1% at $82.69 a barrel, their biggest decline since March 20 Oil prices settled down 3% on Wednesday, pressured by an increase in U.S. commercial inventories, weaker economic data from China and
Dollar drops as investors consolidate gains on rate outlook
Top U.S. central bank officials, including Powell on Tuesday, have provided little indication into when rates may be cut, saying instead that monetary policy needs to be restrictive for longer The dollar on Wednesday dropped for the first time in six days, as investors consolidated gains after Fed officials repeated the interest rate-cutting cycle is
U.S. stocks down as crude drops on Fed, geopolitical worries
All three major U.S. stock indexes closed the session in the red, with the tech shares dragging the Nasdaq down 1.15% U.S. stocks closed lower on Wednesday as crude prices dropped and investors weighed cautious U.S. Fed commentary and ongoing geopolitical strife against mixed quarterly earnings. Benchmark U.S. Treasury yields and the dollar dropped from
U.S. stock futures edge higher as Wall Street steadies
S&P 500 Futures gained 0.2% to 5,103.0 points, while Nasdaq 100 Futures added 0.2% to 17,924.50 points and Dow Jones Futures advanced 0.2% to 38,125.0 points U.S. stock index futures gained slightly in evening deals on Tuesday, as Wall Street seemed to be steadying after concerns of higher-for-longer interest rates triggered a string of sharp
Wall Street mixed on rising yields, geopolitical concerns
While the S&P 500 and the Nasdaq closed the session modestly down, the blue-chip Dow was pushed into positive territory by UnitedHealth Group shares in the wake of its earnings report Wall Street wavered to a mixed close on Tuesday as increasing U.S. Treasury yields and elevated geopolitical concerns offset a generally positive string of
Dollar edges down as Fed, Middle East in focus
The dollar was last down 0.2% at 106.12, just short of the five-month high of 106.51 hit on Tuesday The dollar inched lower but was near 5-1/2-month highs on Wednesday as Fed officials reiterated the rate-cutting cycle was on hold pending new economic data, while the pricing of the monetary easing outlook for G10 central
Global stock markets mixed following Wall Street rebound
In Asian trading, the Nikkei 225 index ended 0.2% higher at 39,523.55, with the dollar standing at 153.28 Japanese yen, nearly matching the 34-year high of 153.32 yen that it hit on Wednesday European shares opened higher on Friday after most Asian markets pulled back despite a tech-fuelled bounce back on Wall Street the day
Pound hits five-month low as dollar gains
The pound was down 0.48% at $1.249, the lowest since mid-November Sterling dropped to a five-month low on Friday even as data showed the UK economy was on course to exit recession, with all major currencies coming under pressure from a strong dollar. The pound was down 0.48% at $1.249, the lowest since mid-November. It
European stocks on track to race ahead of Wall Street
Europe's broad Stoxx share index, added 1.1% on Friday morning as a weak euro flattered the domestic value of exporters' dollar earnings European stocks were on track to race ahead of Wall Street on Friday, with exporter shares in high demand as the continent's major currencies declined against dollar on bets the U.S. Fed would
Equity indexes drop, yields soar after US inflation data
With rising costs for gasoline and shelter, the U.S. CPI rose 0.4% last month, in line with February Treasury yields soared while equity indexes dipped on Wednesday after data showed U.S. consumer prices rose more than expected in March, diminishing hopes for how much and how soon the Fed can cut interest rates. In currencies,
Equities gain in Asia following tepid day on Wall Street
Hong Kong rose over 1%, while Sydney, Taipei and Wellington were also in the green, though Shanghai edged down Equities mostly gained in Asia on Wednesday following a tepid day on Wall Street, with investors focussing on the release of key US inflation data that could have a big impact on the outlook for interest
Oil prices rise on supply concerns
Brent crude futures were 25 cents higher at $89.67 per barrel, while U.S. WTI crude futures advanced 24 cents to $85.47 Oil prices rose on Wednesday after two consecutive days of losses, as the deadlock in Middle East ceasefire talks renewed uncertainty about the security of supplies from the Middle East, offsetting a bigger-than-expected build
Dollar edges higher ahead of key US inflation report
The main market focus on Wednesday is U.S. CPI for March, which traders have been awaiting for hints on the Fed's policy outlook The dollar edged higher on Wednesday ahead of a key inflation report later in the day, while the yen stayed near multi-decade lows, keeping traders on alert for signs Japanese authorities could
Global shares mixed ahead of U.S. data, ECB meeting
The pan-European STOXX 600 index dropped 0.1%, while futures on Wall Street were muted Global shares were mixed on Tuesday ahead of this week's U.S. inflation data and a key ECB meeting, while industrial metals prices extended recent gains on expectations of a global manufacturing rebound. The pan-European STOXX 600 index dropped 0.1% in early
Asia stocks rise as investors eye earnings, inflation signs
Nikkei 225 climbed 0.9% to 39,347.04, S&P/ASX 200 added 0.2% to 7,789.10, Kospi advanced 0.3% to 2,722.89, Hang Seng added 0.3% to 16,778.55 Asian stocks mostly gained Monday as investors looked ahead to earnings reports from top global companies and a consumer prices report that will be a gauge for U.S. inflation. Japan's benchmark Nikkei
Gold at record high on firm demand from Asian central banks
Spot gold was 0.3% higher at $2,335.70 per ounce, after reaching a record high of $2,353.79 earlier in the session Gold prices gained on Monday to hit a record high for the seventh successive session, a move that analysts anticipate could be driven by strong official sector demand from Asia, despite traditional headwinds from a
Dollar pauses as investors eye U.S. inflation data
The dollar index was broadly flat on Monday at 104.38, while U.S. Treasury yields, which reflect interest rate move expectations, pushed higher The dollar paused on Monday as investors eyed U.S. inflation data later this week, while the yen slid close to 34-year lows as traders remained on alert for any potential action in Tokyo
Gold edges down, snaps a record-setting rally
Spot gold was 0.1% lower at $2,290.29 per ounce after reaching a record high of $2,305.04 on Thursday Gold edged down on Friday, snapping a record-setting rally as focus shifted to U.S. non-farm payrolls data that could offer more clues on the Fed's monetary policy trajectory. Spot gold was 0.1% lower at $2,290.29 per ounce,
Asian shares mostly gain after firm finish on Wall Street
Nikkei 225 climbed 1.7% to 40,120.11, S&P/ASX 200 advanced 0.4% to 7,813.80, Kospi gained 0.8% to 2,728.82, Hang Seng shed 1.2% to 16,725.10, and the Shanghai Composite lost almost 0.2% to 3,069.30 Asian shares mostly gained Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year.
European stocks rise after soft US data
The continent-wide Stoxx 600 ended up 0.3%, recovering from a two-week intraday low European stocks gained Wednesday after a softer-than-expected US services sector data, while investors also evaluated softening eurozone inflation data that firmed the case for ECB interest rate cuts. The continent-wide Stoxx 600 ended up 0.3%, recovering from a two-week intraday low. The
Asia shares drop after Wall Street slips on rate concerns
Nikkei 225 slipped 0.8% to 39,511.88, S&P/ASX 200 slid 1.3% to 7,788.20, Kospi lost 1.3% to 2,716.65, Hang Seng shed 0.6% to 16,832.52, while the Shanghai Composite declined 0.3% to 3,066.66 Asian shares mostly declined Wednesday after Wall Street slipped, hitting pause on a strong rally. Japan's benchmark Nikkei 225 slipped 0.8% in morning trading
Gold at record high, oil rises on geopolitical tensions
The precious metal extended its strong record-breaking run, while oil prices rose to five-month highs Gold prices hit another historic high Tuesday and oil extended gains over growing tensions in the Middle East, while stocks dropped as traders worried whether the rally has run its course. The precious metal gained as much as $2,279.41 per
U.S. stocks drop, yields jump on rate cut outlook
MSCI's gauge of stocks across the globe closed down 0.49%, while on Wall Street, the DJIA dropped 1%, the S&P 500 shed 0.72% and the Nasdaq Composite lost 0.95% The three major U.S. stock indexes dropped around 1% on Tuesday and the yield on benchmark 10-year Treasuries reached a four-month high after data showing strong
Dollar stable, yen near its lowest in decades
The yen was last at 151.585 per dollar, staying near last month's slump to 34-year lows of 151.975 in the wake of the BOJ's historic policy shift The dollar was on the front foot on Wednesday, pinning the yen near its lowest in decades though the heightened possibility of currency intervention by Tokyo capped further
Asia stocks gain, dollar firms as rate cut hopes fade
MSCI's broadest index of Asia-Pacific shares outside Japan was 0.65% higher, Nikkei was 0.41% higher, while Hong Kong's Hang Seng Index was more than 2% higher Asian stocks gained on Tuesday and the dollar strengthened, keeping the yen pinned near the 152-per-dollar levels that has traders concerned about possible intervention, as expectations that the Fed
Oil prices rise on bets over tighter supply, China data
Brent crude gained 29 cents, or 0.3%, to $87.29 a barrel after increasing 2.4% last week Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and as upbeat Chinese manufacturing data supported outlooks for improving demand. Brent crude gained 29 cents, or 0.3%,