Author Archive

Elliot Smith

LONDON — European markets are set for a modestly higher open on Monday, tracking Friday’s positive close stateside on the back of a strong round of economic data.

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Gold retreated back under $2,000 an ounce on Friday as the dollar and Treasury yields strengthened after traders trimmed bets for U.S. interest rate cuts to materialize by March following stronger-than-expected jobs data.

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Shreyashi Sanyal & Lim Hui Jie

China’s stocks slid Monday after data showed persistent deflationary pressures as the country’s economy suffers from weak domestic demand.

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Jenni Reid

European markets are set to open higher Friday after closing out their best month since January amid a global rally in stocks and bonds.

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Gold slipped on Thursday but posted a second straight monthly gain as expectations that the Federal Reserve may soon cut interest rates enhanced the appeal of non-yielding bullion.

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Lim Hui Jie

Asia-Pacific markets started Friday lower, breaking ranks with Wall Street which mostly advanced on Thursday, amid mixed economic data from across the region.

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Holly Ellyatt

European stocks are heading for a mixed open Wednesday as regional markets struggle to build positive momentum and assess comments from the U.S. Federal Reserve board members.

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Gold rose for a fourth consecutive session on Tuesday and hit a more than six-month high, driven by a retreating dollar and expectations that the U.S. Federal Reserve has finished hiking interest rates.

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Shreyashi Sanyal & Lim Hui Jie

Asia-Pacific markets largely fell, led by losses in Hong Kong as investors assess comments from the U.S. Federal Reserve board members and digest Australia’s October inflation figures.

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Holly Ellyatt

European markets are heading for a flat open Tuesday, continuing lackluster sentiment seen at the start of the week in the region and beyond.

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