Category: wrap
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Asian Stocks Poised to Track US Gains; Oil Drops: Markets Wrap
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Breadcrumb links BMN Business Asian stocks are poised to track another strong performance on Wall Street, with stocks hitting all-time highs. The price of oil fell as concerns about Israel attacking Iranian energy facilities eased. Article writer: Bloomberg News Jason Scott Posted on October 14, 2024 • 4 minutes read…
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Chinese Stocks Gain in Volatile Trade, Oil Falls: Markets Wrap
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(Bloomberg) — Chinese stocks erased declines to advance in choppy trading as investors weighed the impact of measures announced by the Finance Ministry to revive growth. Most read from Bloomberg The local stock index rose as much as 1.7%. The yuan fell as oil fell, reflecting doubts among some traders…
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Chinese Stocks Gain in Volatile Trade, Oil Falls: Markets Wrap
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(Bloomberg) — Chinese stocks erased declines to advance in choppy trading as investors weighed the impact of measures announced by the Finance Ministry to revive growth. Most read from Bloomberg The local stock index rose as much as 1.7%. The yuan fell as oil fell, reflecting doubts among some traders…
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ForexLive Asia-Pacific FX news wrap: Poor news and data from China weighed on risk FX
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China “stimulus” briefing: Support for business and consumers, reduced financing costs Fed speakers on Tuesday included Kashkari, Waller and Kashkari for the second time NZD: Reserve Bank of New Zealand Deputy Governor Christian Hawksby will speak about financial stability on Tuesday Bank of England Monetary Policy Committee member Swati Dhingra…
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Forexlive Americas FX news wrap: Canadian jobs beat but CAD down for eighth day
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Markets: Gold rose $26 to $2,655 The yield on US 10-year bonds fell by one basis point to 4.08%. West Texas Intermediate crude fell 30 cents to $75.56 The New Zealand dollar advances, and the Japanese yen lags The S&P 500 rose 0.7%, reaching a new record high Friday has…
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Stocks Steady as Traders Await US Earnings Season: Markets Wrap
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(Bloomberg) — European stocks and U.S. futures were little changed, as traders digested hotter-than-expected U.S. inflation and braced for the start of earnings season. Most read from Bloomberg The Stoxx 600 and S&P 500 futures traded flat at the open, capping a week in which US stocks hit another record…
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Asian Stocks to Rally as US Record High Lifts Mood: Markets Wrap
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Breadcrumb links BMN Business Asian shares are poised to advance on Thursday after US stocks hit a new high ahead of inflation data that could determine the Federal Reserve’s policy easing in the coming months. Article writer: Bloomberg News Richard Henderson Published on October 09, 2024 • 3 minutes read…
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Forexlive Americas FX news wrap 9 Oct: Dollar, yields and stocks move higher ahead of CPI
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The Reserve Bank of New Zealand cut interest rates by 50 basis points causing the New Zealand dollar to fall against all major currencies. The largest decline was against the US dollar by -1.32%, and the US dollar was the strongest among the major currencies today: US CPI data will…
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Forexlive European FX news wrap: Tight ranges as we await the US CPI
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Chinese Stocks Drop, US Futures Decline on Google: Markets Wrap
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(Bloomberg) — Chinese stocks fell on Wednesday as traders weighed weak economic data from the Golden Week holiday and questioned Beijing’s commitment to further stimulus measures. Most read from Bloomberg The benchmark CSI 300 index underperformed the region, falling as much as 7.4% before paring some of its losses after…
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Chinese Stocks Drop, US Futures Decline on Google: Markets Wrap
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(Bloomberg) — Chinese stocks fell on Wednesday as traders weighed weak economic data from the Golden Week holiday and questioned Beijing’s commitment to further stimulus measures. Most read from Bloomberg The benchmark CSI 300 index underperformed the region, falling as much as 7.4% before paring some of its losses after…
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‘Mag Seven’ Rally as Nvidia’s Winning Run Hits 13%: Markets Wrap
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(Bloomberg) — A rally in the world’s largest technology companies sent stocks higher, with the market rebounding from its worst session in a month. The turmoil in Treasuries paused as traders delved into comments from Federal Reserve officials. Most read from Bloomberg The tech-heavy Nasdaq 100 rose 1.1%, with Nvidia…
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Forexlive European FX news wrap: Choppy price action persists
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Forexlive Americas FX news wrap: Oil continues to rally as Middle East response awaited
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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ForexLive Asia-Pacific FX news wrap: USD/JPY above 149, then verbal intervention and drop
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Forexlive Americas FX news wrap 4Oct:US jobs report is strong. USD, yields and stocks rise
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The US September jobs report beat expectations today, with non-farm payrolls rising by 254,000 compared to expectations of 140,000. The unemployment rate decreased slightly to 4.1%, approaching 4.0%, and the participation rate stabilized at 62.7%. Private sector payrolls rose by 223,000, while average hourly earnings rose 0.4% month-over-month and 4.0%…
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European Stocks Trade Steady Before US Jobs Data: Markets Wrap
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(Bloomberg) — European stocks and U.S. futures were volatile ahead of key U.S. jobs data that will help determine the course of interest rates. Oil prices fell after escalating tensions in the Middle East led to the largest single-day jump in almost a year. Most read from Bloomberg There was…
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ForexLive Asia-Pacific FX news wrap: Awaiting the US nonfarm payroll jobs report
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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ForexLive Asia-Pacific FX news wrap: BOJ: loose policy still needed. HK stocks pullback.
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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Forexlive Americas FX news wrap: US PCE inflation cools
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…