Holly Ellyatt
European markets are expected to open in mixed territory Thursday, retreating from gains in the previous trading session as traders cheered a cooler-than-expected inflation print in the U.S.
Gold prices were stable on Thursday after hitting their highest levels in more than a month, as softer U.S. core inflation data lifted expectations of interest rate cuts, although news of a ceasefire accord between Israel and Hamas capped further gains.
Lee Ying Shan &Amala Balakrishner
Asia-Pacific markets mostly climbed Thursday, after U.S. markets soared on the back of an unexpected decline in core inflation numbers in December and strong bank earnings.
Chloe Taylor
European markets are set to open in mixed territory on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
Gold prices hovered near a four-week high on Friday, poised for their best week since mid-November, as investors awaited U.S. jobs data to gauge how aggressively the Federal Reserve might cut interest rates this year.
Lim Hui Jie
Asia-Pacific markets mostly fell Friday, with investors assessing November pay and household spending out from Japan.
Holly Ellyatt
European markets are expected to open broadly lower Wednesday as traders assessed the region’s economic outlook.
Gold prices edged lower on Wednesday, pressured by higher U.S. Treasury yields and a stronger dollar after data suggested the Federal Reserve might slow the pace of rate cuts this year.
Lee Ying Shan
Asia-Pacific markets traded mixed Wednesday, following Wall Street declines after Treasury yields rose and major U.S. tech stocks declined.
Holly Ellyatt
European markets are expected to start the new trading week mostly higher Monday.
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