No one can complain about a lack of volatility in financial markets at the moment.The tug-of-war between economic recovery and inflation risks continued on Wall Street on Friday and spilt out onto the street in Asia.
BENGALURU (March 5): Indonesia's rupiah fell to a four-month low on Friday as rising U.S. bond yields sent the dollar higher and hit appetite for Asia's emerging currency and stock markets.
NEW YORK (Reuters) - Oil prices were little changed on Tuesday before this week’s OPEC+ meeting, with producers in the group expected to ease supply curbs as economies start to recover from the coronavirus crisis.
Overnight, Wall Street's benchmark S&P 500 index climbed 2.4%, recovering most of its losses from the past week.That came after a selloff in U.S. Treasury bonds eased.
BEIJING (AP) — Global stock markets and Wall Street futures declined Tuesday after a selloff in U.S. Treasury debt eased, helping to allay concern about a possible rise in interest rates.Tokyo, Shanghai and Hong Kong closed lower and Frankfurt retreated in early trading.
US FDA approval of the one-shot Johnson and Johnson Covid-19 vaccine over the weekend has seen the global recovery trade reappear with a vengeance, at least overnight across the APAC region.Equities, energy and commodities all jumped higher, as have the cyclical Commonwealth currencies.
Global markets could be headed for a disruption following a major slump in value of Gold Details indicate that Gold Spot gold fell 2.8% to U$1,720.13 an ounce by 11:15 a.m. EST, on its way for a second straight weekly and monthly loss.
KUALA LUMPUR (Feb 27): The ringgit may continue to be pressured downward against the US dollar next week if the US Treasury yields remain elevated or increase further.
Gold price Today – PRECIOUS-Gold hits 8-month trough as U.S. Treasury yields rally * Gold down 1.4% for the week, 4.8% for the month so far * Platinum set for fourth straight monthly gain * Palladium set to register its best month in three (Updates prices) By Sumita Layek Feb
BENGALURU (Feb 23): Asian equities firmed on Tuesday, as rising commodity prices fuelled market expectations that global economic recovery was gathering steam, while bond yields remained elevated after the recent spike in US Treasury yields.
Bitcoin was lower Monday after Tesla (TSLA) - Get Report Founder and Co-Chief Executive Elon Musk suggested that prices for the cryptocurrency seemed high and market observers raised concern about that market overheating.Bitcoin at last check was down 7.3% to $53,208.
(Reuters) - Euro zone shares rose on Friday as data showed factory activity in February jumped to its highest in three years, while upbeat quarterly earnings updates from companies including Hermes boosted confidence in a broader economic recovery.
(Reuters) - European shares were muted on Friday as investors looked to business activity data for February to gauge the pace of a broader economic rebound, while Hermes jumped after issuing an upbeat quarterly earnings report.
Lola Evans SYDNEY, NSW, Australia - Energy and commodity stocks sank on Friday driving most indices lower.The Shanghai Composite, in its second day of trading since breaking for the Lunar New Year last week managed gains in late trading.
(Feb 18): Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time. The largest cryptocurrency was little changed in Asian trading Thursday at about $52,100 after a fivefold surge in the past year Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase.
Bitcoin jumped again on Wednesday to set another all-time high after breaching $50,000 for the first time a day earlier. The largest cryptocurrency rose as much as 4.8% to about $50,927, according to a composite of prices compiled by Bloomberg. The token is up more than fivefold in the past year. Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla
(Feb 17): Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past US$51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about US$51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a record. Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing
BANGKOK -- World shares started the week off with a rally, as Japan's Nikkei 225 index closed above 30,000 for the first time since August 1990. European markets closed sharply higher on Monday, following an advance in Asia. Shanghai and Hong Kong were closed for the Lunar New Year. U.S. markets remained closed Monday for Washington's Birthday. Optimism that the U.S. government will come through on trillions of dollars of more aid for the economy and encouraging company earnings reports have helped stocks