Asian shares fall as China drags, dollar in demand By Reuters – Investing.com
Stella Chiu SYDNEY (Reuters) – Asian shares fell on Tuesday as investors pondered a possible Donald Trump victory and its impact on China, while the dollar rose for a second straight day despite dovish comments from the Federal Reserve that raised expectations of a U.S. interest rate cut this year. MSCI’s broadest index of Asia-Pacific […]
Treasuries slip, dollar firm as markets grapple with US politics By Reuters – Investing.com
Investing.com — The Dow Jones Industrial Average closed at a record high on Monday as expectations of a rate cut in September increased after Federal Reserve Chairman Jerome Powell said recent inflation readings boosted confidence. As of 4 PM ET (9 PM GMT), the was up 210 points, or 0.5%, to close at a record […]
Aussie banks to return $19 million charged in high fee to low-income customers By Reuters – Investing.com
(Reuters) – Four Australian banks will refund a combined A$28 million (U.S. $18.95 million) to low-income customers after an investigation by the corporate regulator found they were kept in bank accounts that charged high fees when they were eligible for cheaper products. A report released on Monday by the Australian Securities and Investments Commission (ASIC) […]
Bitcoin Whales Unleash Crazy $4.26 Billion Shopping Spree By U.Today – Investing.com
U.Today – According to the latest data from IntoTheBlock, BTC whales took advantage of the recent BTC price drop to significantly increase their holdings by 71,000 BTC this week. The Large Holders Netflow metric, which tracks the activity of investors holding more than 0.1% of Bitcoin’s total supply, shows significant accumulation by these large players. […]
Gold prices edge lower as dollar firms after Trump attack – Investing.com
Investing.com — Gold prices were slightly lower at the start of Asian trading on Monday, holding near record highs but seeing little boost in safe-haven demand following the alleged assassination attempt on former U.S. President Donald Trump. The dollar recovered some of its recent losses on Monday as safe-haven buying supported it amid growing political […]
Japan households' inflation expectations heighten, quarterly survey shows By Reuters – Investing.com
(Refiled to remove unnecessary figures from paragraph 7. Article previously amended to correct comparison period in same paragraph) Medha Singh and Ankika Biswas (Reuters) – Wall Street got off to a subdued start on Friday as investors digested mixed earnings from big banks, while a slightly better-than-expected producer price index helped temper expectations that the […]
Gold prices steady above $2,400 as soft CPI data fuels rate cut bets – Investing.com
Investing.com — Gold prices were slightly lower in Asian markets on Friday but were still up sharply from the previous day’s trading after weaker-than-expected U.S. inflation data strengthened expectations of a rate cut in September. Gold prices benefited from a sharp drop in the dollar on Thursday, breaking through the closely watched $2,400 an ounce […]
Asian stocks sink as tech profit-taking overshadows rate cut cheer – Investing.com
Investing.com — Most Asian stocks fell on Friday, with tech-heavy indexes dropping sharply as profit-taking hurt technology shares despite a weak U.S. inflation reading that boosted optimism for interest rate cuts. Regional stocks largely tracked Wall Street’s overnight decline, falling nearly 2 percent as profit-taking hit big technology stocks, especially chipmakers and artificial intelligence stocks. […]
Gold prices advance, rate cuts in focus as CPI data looms – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, helped by a decline in the dollar and Treasury yields on growing expectations of a U.S. interest rate cut ahead of the release of a key inflation reading. Gold edged higher this week, buoyed by reports that emerging market central banks are stockpiling the metal, […]
Storm Beryl kills three, knocks out power for 2.7 million in Texas By Reuters – Investing.com
Investing.com — Gold prices edged up in Asian markets on Wednesday after comments from Federal Reserve Chairman Jerome Powell increased speculation about when the central bank might start cutting interest rates. Among industrial metals, copper prices fell, losing much of their recent recovery following mixed inflation signals from China, the largest copper importer. Gold has […]