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Global property markets, shaken by the steepest interest rate hikes in a generation, are unlikely to see significant relief from the gradual easing of borrowing costs. There’s little hope of returning to the era of easy money that fueled a property boom. The multi-trillion-dollar industry, which flourished in the decade after the global financial […]
Analysis-Falling rates offers scant shelter from property storm Read More »
The U.S. dollar slipped on Thursday as traders increased their bets on a significant rate cut from the Federal Reserve later this month. The Japanese yen outperformed, benefiting from safe-haven demand as concerns over the U.S. economy’s growth outlook re-emerged. Global markets have been on edge, with stocks taking a hit after weaker-than-expected U.S. data
Dollar wobbles on rising bets of outsized Fed rate cut Read More »
Asian share markets attempted a rebound on Thursday following a sharp sell-off earlier in the week, while a rally in U.S. Treasuries weakened the dollar and strengthened the yen, as concerns about the U.S. economy increased the likelihood of significant interest rate cuts by the Federal Reserve. Oil prices held steady in early trading after
Asian shares try to stabilise after global sell-off; focus on US data Read More »
Oil prices continued their decline on Wednesday, extending the steep drop of over 4% from the previous day, and reaching their lowest levels since December. This downward trend was driven by expectations that a political dispute disrupting Libyan exports might be resolved, along with growing concerns about weak global demand. Brent crude futures for November
Oil extends drop on easing Libyan dispute, demand concerns Read More »
The U.S. dollar climbed to a two-week high against the euro as investors braced for a week packed with significant economic data, particularly the U.S. payrolls report due on Friday. As of 18:40 EST (22:40 GMT), EUR/USD remained relatively stable at 1.1046, while USD/JPY edged down 0.1% to 145.31. The upcoming jobs report is expected
US dollar little changed after hitting a 2-week high against the euro Read More »
A Look Ahead in European and Global Markets by Ankur Banerjee Optimism surrounding potential U.S. interest rate cuts has been tempered by uncertainty over upcoming economic data, sky-high expectations for Nvidia’s (NASDAQ: NVDA) earnings, and evolving tensions in the Middle East. These factors have left markets on edge, taking a pause as the yen hovers
European stocks fall on growth concerns; services PMI in focus Read More »
A Look Ahead in European and Global Markets by Ankur Banerjee Optimism surrounding potential U.S. interest rate cuts has been tempered by uncertainty over upcoming economic data, sky-high expectations for Nvidia’s (NASDAQ: NVDA) earnings, and evolving tensions in the Middle East. These factors have left markets on edge, taking a pause as the yen hovers
Morning Bid: Rate-cut relief doused by geopolitics Read More »
Most Asian stocks declined on Tuesday as sentiment towards Chinese markets worsened after Canada joined the U.S. and Europe in imposing significant import tariffs on China’s electric vehicle sector. Broader markets were also weighed down by speculation over U.S. interest rates, with caution setting in ahead of a highly anticipated earnings report from NVIDIA
Asian stocks edge lower, China hit by Canada EV tariffs Read More »
Gold prices declined in Asian trade on Tuesday, pressured by a rebound in the dollar. However, the outlook for lower interest rates and increased safe-haven demand kept the precious metal close to recent highs. In the industrial metals market, copper prices continued their upward trend, driven by expectations that lower interest rates could stimulate
Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500 Read More »
Oil prices paused their recent rally on Tuesday, pulling back slightly after surging over 7% in the past three sessions due to supply concerns stemming from fears of a broader Middle East conflict and potential disruptions in Libyan oil production. As of 0430 GMT, Brent crude futures dipped 18 cents, or 0.2%, to $81.25 a
Oil pauses gains after surging on Libyan outages, Middle East tensions Read More »