Stocks drift, dollar slips on US-China standoff – Apr 29 2025
Today’s Key Market Moves Wall Street’s big indexes sink as much as 1% intraday but recover by the close of trade. The Dow ends up 0.3%, the S&P 500 is essentially flat, and the Nasdaq dips 0.1%. U.S. tech stocks fall 0.2%; real estate and energy lead the gainers, rising 0.8% and 0.6%, respectively. India’s […]
Stocks jump with tech shares; dollar dips after recent gains – Apr 25 2025
Today’s Key Market Moves The S&P 500 closes up 2.02%, the Nasdaq Composite ends 2.74% higher and Dow Jones Industrial Average rises 1.23%. The dollar falls 0.6% against the yen, trading at 142.52. The euro rises 0.7%. Gold closes up 1.85%. The 10-year Treasury note yield falls 7.6 basis points to 4.311%. Brent crude oil […]
stocks, dollar drop, a day after relief rally – Apr 11 2025
Key reads Tariffs caused US Treasury market dislocations, raising longer term concerns Global investors hunker down for volatility even as tariff pause is welcomed Trump tariff pause does not change fundamentals for a Fed that sees risks ahead Wall Street’s week of whiplash brought fear, relief and caution Safe European home? Scared money seeks […]
Shares cling to hopes for tariff relief, bitcoin jumps – Mar 3 2025
Market Summary Asian stock markets : Bitcoin surges as Trump talks of crypto reserve Markets still unsure if U.S. tariffs will go ahead Nikkei rallies 1%, S&P 500 futures flat Euro up on hopes for progress on Ukraine-Russia deal Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 43,840.91 +601.41 +1.39%Positive trading […]
RBA poised, China tech booms, Japan GDP sizzles – Feb 18 2025
Today’s Market News HK comments leave the door open to use of cryptocurrencies as proof of wealth Indonesia books $3.45 billion trade surplus in January after weak imports India eyes to boost trade with US; January trade deficit as expected Japan braces for BOJ to lift rates sooner and higher China’s Xi holds rare meet […]
Asia shares mostly higher, yen buoyed by upbeat GDP – Feb 17 2025
Today’s Market News Russia’s Gazprom Neft says 2024 net profit down 25% to $5.2 billion India’s GlaxoSmithKline Pharma reports higher profit on strong demand for respiratory drugs Sri Lanka’s cenbank sees inflation peak above target in Q2 next year India’s January wholesale inflation steady at 2.31% y/y Japanese investors pull out of foreign stocks amid […]
Global stocks rally on Ukraine peace hopes, bonds sell off – Feb 13 2025
Today’s Market News S&P 500 ends down as hot US inflation data hints at fewer rate cuts Dollar gains on yen as consumer prices rise more than expected Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine Key developments to markets on Thursday: Philippines central bank policy decision Japan […]
Gold soars, stocks sanguine as investors weigh Trump’s latest tariff threat – Feb 11 2025
Today’s Market News Gold soars beyond $2,900 as Trump threatens fresh tariffs Dollar rises, stocks advance as latest tariff threat weighed Foxconn January revenue up 3.16% on year, sees strong growth in first quarter TSMC sees first-quarter revenue near lower end of guidance on January earthquake impact Japan runs record current account surplus in 2024 […]
Asia shares slip, dollar firm as tariffs loom – Feb 2 2025
Today’s Market News China’s consumer inflation at 5-month high, producer deflation persists India cenbank will be agile in responding to banks’ liquidity needs Russia may ban gasoline exports for a month to stabilise prices, TASS reports Oil India’s quarterly profit misses estimates as low prices outweigh demand Kia contests $14 million India tax demand for […]
Wall St whipsaws to mixed close as Amazon reports; NFP on tap – Feb 7 2025
Today’s Market News Wall Street ends mixed in choppy trading; Amazon, jobs report in focus Another cobalt bust but this time it’s different Amazon beats quarterly revenue estimates, cloud growth lags Key developments to markets on Friday: India rate decision Taiwan trade (January) China FX reserves Index Last Change % Change trading lower Dow Jones […]
