Category: Trends

Investing.com– Asian stocks fell sharply on Friday, tracking an overnight rout on Wall Street on concerns over slowing economic growth, with a rout in Japanese markets deepening after the Bank of Japan struck a hawkish chord this week. Weak U.S....

Investing.com– Gold prices steadied in Asian trade on Thursday after surging close to record highs in the prior session after the Federal Reserve flagged the possibility of an interest rate cut in September. The yellow metal also saw increased safe...

Investing.com – The U.S. dollar traded largely flat Tuesday, with traders wary ahead of the start of the latest Federal Reserve rate-setting meeting. At 05:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six...

By Tom Westbrook SINGAPORE (Reuters) – Commodity currencies touched multi-week lows on Wednesday tracking weakness in Chinese demand, while the yen has surged as short-sellers bail out ahead of a central bank meeting. Purchasing managers’ index figures will be particularly...

As was widely anticipated, U.S. President Joe Biden has stepped down from the 2024 Presidential election. This follows weeks of supporters turning their backs on him amid his dismal debate performance against former President and Republican nominee Donald Trump. Biden...

Investing.com– President Joe Biden is likely to drop his bid for reelection, TD analysts said in a note, amid growing concerns over his health and whether he will be able to effectively run against Republican nominee Donald Trump.  “While the decision...

By Tom Westbrook SINGAPORE (Reuters) – Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. The euro, which...

By Shariq Khan NEW YORK (Reuters) – Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the prior session, as signs of weakening demand growth in China...

Gold prices might surge to $3,000 per ounce as financial flows show potential for significant expansion, according to a recent report from Citi analysts. The bank says that the weakening US labor market, coupled with a broader trend of disinflation...

Investing.com– U.S. stock index futures steadied in evening deals on Sunday amid speculation over whether an attack on presidential candidate Donald Trump improved his chances of victory. Uncertainty over the U.S. political situation kept risk appetite largely in check. Investors...