Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets – Investing.com
Investing.com — The Japanese yen hit its strongest level against the dollar in nearly a month on Friday, as better-than-expected inflation data released in Tokyo strengthened expectations for the Bank of Japan to raise interest rates in December. The exchange rate of the yen, which is required to buy one dollar, fell by about 1% […]
Tech stocks spark Europe market rebound; inflation data looms By Reuters – Investing.com
Written by João Manuel Vicente Mauricio and Ankika Biswas (Reuters) – After two days of declines on concerns about possible U.S. tariffs and economic and political challenges in France, tech stocks led a rally in European stocks on Thursday, with investors now in the Interest rate cuts are closely monitoring inflation reports for clues about […]
Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises – Investing.com
Investing.com — Most Asian currencies fell on Friday after the U.S. dollar hovered near 13-month highs, while the Japanese yen weakened after consumer inflation was slightly higher than expected. remained steady. Currencies in the region have fallen in recent weeks, weighed down by a strong dollar and concerns about a slowdown in the pace of […]
Gold prices rise as Russia-Ukraine tensions fuel haven demand – Investing.com
Investing.com — Gold prices rose in Asian trade on Thursday as rising tensions between Russia and Ukraine supported demand for the safe-haven asset and helped gold bullion weather a stronger dollar. Gold prices rose for the fourth straight session, extending a rebound from more than two-month lows. However, the yellow metal's rise appears to be […]
US stock futures flat, Nvidia dips as guidance underwhelms – Investing.com
Investing.com — U.S. stock index futures were little moved in Wednesday night trading as the market digested artificial intelligence giant Nvidia's strong earnings report, but an outlook that was significantly lower than previously expected. . Futures were little moved after quiet trading on Wall Street as expectations for NVIDIA Corporation (NASDAQ:) earnings discouraged big bets. […]
Gold prices gain more ground as Russia-Ukraine fears persist – Investing.com
Investing.com — Gold prices rose on Wednesday, gaining further momentum as rising tensions over Russia and Ukraine boosted safe-haven demand, although a resilient dollar limited overall gains. increased. The yellow metal has seen some relief from the dollar's gradual weakness this week, rebounding sharply from two-month lows. However, on Wednesday, the US dollar strengthened from […]
Shares rise ahead of Nvidia results; BOJ's Ueda offers few rate hints By Reuters – Investing.com
Written by Lei Wee SINGAPORE (Reuters) – Global stock markets got off to a strong start this week ahead of Nvidia's (NASDAQ:) long-awaited results, but in Japan, a speech by the central bank governor left markets wondering about the country's interest rate outlook. I took a more enlightened view. Bank of Japan Governor Kazuo Ueda […]
Asia stocks dip as Trump rally cools, CPI data looms – Investing.com
Investing.com — Most Asian stocks fell on Wednesday, tracking losses on Wall Street as the post-election bull market appears to be subsiding, while expectations for key U.S. inflation data are also at risk. It spurred evasion. The internal market remains under pressure after China's new fiscal measures have largely disappointed, while uncertainty about what Donald […]
Gold prices steady near $2,700 as markets digest Fed rate cut, Trump 2.0 – Investing.com
Investing.com — Gold prices fell in Asian trading on Friday, as markets digested the effects of Donald Trump's second term as president, even as the dollar weakened following a Federal Reserve interest rate cut. Despite this, I felt little sense of security. The yellow metal took a hit this week as the dollar soared following […]
Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally – Investing.com
Investing.com — Gold prices fell slightly in Asian trade on Thursday, paring sharp declines from the previous session after Donald Trump's victory in the 2024 election triggered a rally in the dollar and risk assets. Expanded. The yellow metal also hit a series of record highs in the run-up to the election and was hit […]