Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to […]
The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more
By Administrator_India Capital Sands A 20-something man from Colorado is the first American known to be infected with a new Read more
The Bank of Japan (BOJ) kept its benchmark interest rates unchanged as expected on Wednesday, and also maintained its current rate of yield curve control, ducking market expectations for more hawkish signals. The Japanese yen plummeted after the move, dropping over 2% to 130.75 against the dollar, while yields on benchmark Japanese government bonds slumped […]
Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions caused by the country’s now relaxed zero-COVID policy weighed heavily on business activity, although the reading still beat expectations. Chinese gross domestic product (GPD) grew at an annualized rate of 2.9% in the three months […]
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by Read more
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while Read more
The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve's November meeting showed that most Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
European stock markets are expected to open slightly higher Friday, with investors focusing on a deluge of important economic data, including U.K. growth data for November, as well as earnings from the U.S. banking sector. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed […]
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian currencies crept higher on Wednesday as markets awaited more cues on U.S. monetary policy from Federal Reserve Chair Read more
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual shift in the Federal Reserve’s hawkish stance, which also pushed the dollar to a seven-month low. The Japanese yen rose 0.1% to an over seven-month high against the dollar of 129.14, and was among the […]
Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve Read more
Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Read more
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more
Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more
Most Asian currencies fell slightly on Tuesday as fears of a potential recession persisted, while the Japanese yen rallied past its peers after the Bank of Japan tweaked its ultra-dovish policy, drumming up hopes for an eventual pivot. The yen jumped 2.7% to 133.14 – its strongest level against the dollar in four months. The […]
Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve Read more
Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Read more
Most Asian currencies crept higher on Friday and were headed for steep weekly gains on the prospect of an eventual Read more
Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more
Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after data showed U.S. consumer price index (CPI) inflation eased more than […]
Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by Read more
Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more
Chinese hotels and restaurants are seeking employees amid demand recovery in the services sector after the end of Beijing's zero-COVID Read more
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last week, amid growing concerns over a potential recession in 2023, which […]
Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more
Japan’s economy, the world’s third-largest, shrank less than initially estimated in the third quarter, bolstering a view that it is slowly recovering from COVID-19 doldrums even as major export markets show further signs of weakening. Separate data showed the economy had recorded its first current account deficit in eight years in October, reflecting high import […]
In the holiday-shortened Diwali week, Indian benchmark indices ended with a gain of one percent. After a positive start for Read more
U.S. dollar sank from a one-week top against a basket of major peers on Tuesday, as traders weighed the odds Read more
Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate […]
Japan's foreign reserves extended declines in October, following the previous month's record drop, the Ministry of Finance said on Tuesday, Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
