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Read snapshots of the latest market news
Trading subdued amid low volatility
Trading was subdued due to low volatility from the Labor Day holiday, with investors cautious ahead of key economic data later this week.
2 Sep 2024, 12:46
US payroll data to be the focus of the week
Bloomberg forecasts 155,000 new jobs in August, with unemployment expected to dip from 4.3% to 4.2%.
2 Sep 2024, 08:39
US GDP growth for Q2 2024 revised up to 3%
US economic growth for Q2 2024 has been revised up to an annualized 3% from 2.8%, highlighting the economy’s resilience despite high interest rates.
29 Aug 2024, 13:58Aussie rises on inflation printing
The yen gained strength as BoJ Deputy Governor Ryozo Himino indicated potential rate hikes if economic confidence continues to grow.
28 Aug 2024, 13:38ECB’s Knot calls for tighter fiscal policy
ECB’s Klaas Knot urges tighter fiscal policies to aid inflation control, while German consumer sentiment hits a four-month low
27 Aug 2024, 13:36Japan's CPI rises to 2.7% in July
Japan's consumer prices rose to 2.7% in July, but core inflation slowed to 1.9%, the lowest since 2022.
23 Aug 2024, 08:44All roads lead to Jackson Hole
Jerome Powell’s highly anticipated Jackson Hole address will shape expectations on rate cuts and recession concerns.
19 Aug 2024, 13:06Gold hits all-time high
Spot gold prices hit a record $2,499 per ounce on Friday, driven by disappointing U.S. housing data that sparked renewed concerns over economic stability
16 Aug 2024, 13:48US jobless claims decline, retail sales surge
U.S. labor market data released Thursday showed initial jobless claims declining more than expected last week, while retail sales surged in July
15 Aug 2024, 13:21Gold prices slip ahead of US CPI
Gold prices fell for the second day as markets reacted to soft UK CPI and anticipated US inflation data, with a high-risk appetite pressuring the metal
14 Aug 2024, 06:24