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15 Aug 2024 08:56

Asian stock markets mostly higher

Daily News

Asia-Pacific markets were mostly higher on Thursday after Japan’s GDP growth beat expectations. Asia-Pacific markets were mostly higher on Thursday after Japan’s ...

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15 Aug 2024 08:55

Japan's economy returns to growth in second quarter

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Japan’s economy grew at a much faster-than-expected annual pace in the second quarter. Japan’s economy grew at an annual rate of 3.1 percent from April to June, r...

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15 Aug 2024 08:54

Chicago Fed President Goolsbee's labor market concerns

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Chicago Fed President Goolsbee said he is more concerned about the labor market than inflation. Chicago Fed President Austan Goolsbee said he is more concerned ab...

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15 Aug 2024 08:54

Oil on the rise

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Oil prices rose after two days of declines overshadowed by concerns about a possible Iranian attack on Israel. Brent crude traded around $80 a barrel after fallin...

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15 Aug 2024 08:53

Weakening investment in China hits growth

Daily News

The risk of missing the government’s annual growth target has increased in China. As weak confidence in China weighs on consumption and investment, economic activ...

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15 Aug 2024 08:52

Instead of asking “Will interest rates decrease in September?” the question should be “How much of a discount?”

Daily News

In the US, the Fed has begun to debate how much of a rate cut rather than whether to make one. Following the July consumer inflation data announced in the US yest...

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14 Aug 2024 09:39

Oil rises as stocks shrink

Daily News

Oil rose after an industry report suggested U.S. inventories will decline. Oil rose after falling more than 2 percent on Tuesday, as industry reports pointed to a...

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14 Aug 2024 09:33

Starbucks' new CEO sends stocks soaring

Daily News

Starbucks has dismissed Laxman Narasimhan, who had been CEO for about a year, and appointed Chipotle CEO Brian Niccol in his place. In a statement made by Starbuc...

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14 Aug 2024 09:31

Global markets hold their breath for US CPI data

Daily News

All attention in global markets turned to the consumer price index data to be released in the US. After the latest producer inflation data released in the US stre...

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Wilson doesn't expect stock market crash, Kolanovic pessimistic

Daily News

Morgan Stanley strategist Mike Wilson sees the possibility of a full-fledged stock market crash as low, while former JPMorgan chief market strategist Marko Kolano...

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IEA cuts 2025 oil demand outlook

Daily News

The International Energy Agency has cut its global oil demand forecast for 2025, citing the impact of a weakening Chinese economy on consumption. The Internationa...

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14 Aug 2024 09:24

Markets have increased recession pricing

Daily News

The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle and slashed interest rates. The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle ...

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New Zealand cuts interest rates

Daily News

The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle and slashed interest rates. The Reserve Bank of New Zealand (RBNZ) has entered an easing cycle ...

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13 Aug 2024 09:37

Recovery continues in global markets

Daily News

Global markets are continuing to recover from last week's panic selling. Asian stock markets rose today, led by Japan. European and US futures indexes are rising ...

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13 Aug 2024 09:32

US election and rating commentary from Fitch

Daily News

Fitch stated that this year’s presidential election is not expected to directly affect the credit ratings of companies in the country, and added, “Rating actions ...

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13 Aug 2024 09:29

US budget deficit hits $244 billion

Daily News

The federal government budget deficit in the United States increased by 10 percent in July compared to the same month of the previous year, reaching $244 billion....

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13 Aug 2024 09:28

Oil retreats after five days of gains

Daily News

Brent crude traded around $82 a barrel after rising almost 8% in the previous five sessions, while U.S. crude oil fell back below $80. The U.S. believes the possi...

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Asian stock markets rise, led by Japan

Daily News

Asia-Pacific stocks led the gains, with the Nikkei up more than 2 percent. Japan’s major indexes gained more than 2 percent on Tuesday as markets resumed trading ...

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13 Aug 2024 09:09

Data optimism under

Daily News

Gold closed up nearly 1.9 percent on Thursday after U.S. data eased concerns that the world's largest economy was in for a hard landing. Thursday's gains brought ...

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13 Aug 2024 09:09

Data optimism under

Daily News

Gold closed up nearly 1.9 percent on Thursday after U.S. data eased concerns that the world's largest economy was in for a hard landing. Thursday's gains brought ...

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13 Aug 2024 09:07

Rise in producer prices accelerates in Japan

Daily News

Japan’s producer-price inflation accelerated for six months in a row, rising in July. The corporate commodity price index (CGPI), which measures the price Japanes...

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