Gold nears record highs ahead of crucial rate decisions by central banks
Gold continues to hover near all-time highs, driven by a weakened US dollar, uncertain global economic outlooks, and escalating geopolitical tensions. The rally shows no…
Markets weekly look ahead: ECB interest rate decision in the spotlight
This week, the European Central Bank (ECB) is poised to decide on interest rates, a key event for both European stock markets and the euro.…
Weekly recap: European markets retreat amid risk-aversion sentiment
Major benchmark indices across Europe, the US, and Asia are largely on track for a negative weekly close, driven by prevailing risk-aversion sentiment following weak…
European stocks fall as PMIs revised lower, ASML hit by UBS downgrade
European stocks fell on Wednesday after a semiconductor-driven sell-off on Wall Street. Weaker-than-expected economic data, including downgrades to Eurozone PMIs, further weighed on sentiment. ADVERTISEMENTEuropean…
Week ahead in the markets: Eurozone to confirm the second quarter GDP
Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic…
Markets look ahead: EU inflation data in focus as ECB considers rate move
The Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB's interest rate decision in September. Nvidia's earnings…
Trading mixed as Bank of Japan governor warns markets are unstable
Trading in Asian markets were mixed and muted on Friday morning ahead of a key Fed Chair speech - and as the Bank of Japan…
Markets look ahead: Jackson Hole Symposium takes centre stage
This week, central bankers will convene in the US state of Wyoming to discuss economic outlooks and monetary policies. Key economic data is expected to…
Markets recap: Risk-on sentiment returns amid optimism over rate cuts
Major stock markets are set to end the week on a positive note as the rebound continued amid optimism over rate cuts. Technology shares, in…
Currency war ahead? Euro gains as US CPI boosts Fed rate cut expectations
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Markets look ahead: Crucial data may hold key to this week’s performance
Market sentiment may remain fragile following the recent rout, as investors turn their attention to key indicators from major economies this week. In particular, US…
‘Carry trades’: How did they contribute to the market mayhem?
The mayhem that swept across world markets this week was partly caused by a market strategy known as the "carry trade". ADVERTISEMENTJapan's benchmark Nikkei 225…
European markets set to open higher as global sell-off eases
European markets are set to open in the green on Tuesday morning as Japan's share benchmark soared nearly 11% overnight - after a massive sell-off.…
Wall Street sees sea of red as investors fear US economic slowdown
Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points. ADVERTISEMENTStocks opened sharply lower on Wall Street…
Week ahead for markets: Sell-off raises fears of continuing slide
Risk-off sentiment may continue to shape market trends following a turbulent week. Novo Nordisk's earnings will be in the spotlight as investors gauge the growth…
Oil prices rise as Middle East tensions weigh on investors
The price of US crude and Brent climbed on Wednesday as tensions in the Middle East weighed on the minds of investors. ADVERTISEMENTAt the time…
China cuts 1-year benchmark rate to boost economy as world markets lag
China ratcheted up its effort to reinvigorate its economy on Thursday by cutting a key policy rate and interest paid on bank deposits. ADVERTISEMENTThe move…
Biden’s decision to leave US election race: Implications for the markets
The financial markets, including currencies, shares, cryptocurrencies, and commodities, are set to react to US President Joe Biden's withdrawal from the 2024 presidential race. While…
Weekly Recap: Markets rebound as Europe shrugs off political jitters
Global stock markets are mostly higher for the week as expectations for central banks to lower interest rates strengthened, while fears of European political disruptions…
Markets rally on bets Le Pen will fall short in French second round
The euro opened higher on Monday as the first round of French parliamentary elections indicated that Marine Le Pen's National Rally (NR) may not secure…