Dollar edges lower as US election outcome cheers global marketsIn the aftermath of the Democrat wins during the US midterm elections, the dollar experienced a dip against various currencies. The results...
Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...
Global Market Today: Asian shares bend under AI stress; Apple earnings loomConcerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, w...
Global trading is mixed as worries about AI-related issues growOn the global stage, stock markets displayed a mixed bag of results as Alphabet's stock drop spurred worries about the trajectory of artifi...
Global Market: Chinese yuan hits four-year high, heads for fourth straight monthly gainChina’s yuan reached its strongest level against the US dollar in more than four years, supported by exporter dollar sales, robust exports ...
Global Market: BOJ to accelerate ETF sales, cut holdings overhaul timeline to 43 yearsThe Bank of Japan will accelerate the sale of its exchange-traded fund holdings, targeting annual disposals of 860 billion yen ($5.45 billi...
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollarThe yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, respondi...
US Market: AI boom could weaken dollar’s safe-haven appeal as foreign flows riseThe US dollar’s safe-haven status could face pressure if the AI investment boom unwinds, prompting foreign investors to pull back from Amer...
Dollar holds gains ahead of Fed policy signal, RBNZ decisionThe US dollar is sticking close to a two-week high ahead of crucial central bank policy announcements. The Federal Reserve is anticipated t...
Global Market: JGB yields climb as investors await BOJ, Fed policy decisionsJapanese government bond prices declined as a rally in AI-related equities reduced demand for safe-haven assets. The benchmark 10-year JGB ...
Yen slips ahead of central bank bonanza, dollar firms on tech reboundYen vs Dollar : The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Ban...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
World shares are mixed after Wall Street's AI-related losses, while oil prices jumpGlobal stock markets displayed a mix of outcomes while oil prices surged due to escalating tensions in Iran. Brent crude soared past $114 p...
Yen shines as AI jitters spur safe-haven rushThe Japanese yen reached its strongest level in over a month due to increased safe-haven demand. Concerns about the sustainability of the A...
Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
Global shares mostly decline after AI stocks lead a rebound on Wall StreetIn Asia, Japan's benchmark Nikkei 225 declined 1.3% to finish 64,075.42. Australia's S&P/ASX 200 lost 0.3% to 8,816.90. South Korea's Kospi...