Author Archive

Gold prices were steady on Tuesday as investors took a cautious stance ahead of the upcoming U.S. economic data that could provide insights into the Federal Reserve’s interest rate path.

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Lee Ying Shan

Asia-Pacific markets rose Tuesday, tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records overnight.

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Lim Hui Jie

Asia-Pacific markets traded slightly higher on Monday as the region kick-started a data-heavy week, with investors focused on economic readings from several countries, including Japan, South Korea and China.

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Sam Meredith

European stocks were mixed on Friday as investors awaited the release of euro zone inflation data.

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Gold prices rose on Friday, helped by a slight dip in the U.S. dollar and growing geopolitical tension, but remained on track for a weekly decline as markets awaited key U.S. data for further insights into the Federal Reserve’s monetary policy direction.

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Lim Hui Jie

Asia-Pacific markets mostly lost ground on Friday, led by losses in South Korean stocks after its industrial production declined for a second straight month in October.

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Jenni Reid & Holly Ellyatt

European markets were higher Thursday, rallying after a day in the doldrums during the previous session.

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Key Points

• Gold prices slipped on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data showing stalled inflation progress, suggesting the Federal Reserve might tread cautiously on further interest rate cuts.

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Anniek Bao

Asia-Pacific markets traded mostly higher on Thursday after Wall Street rally stalled overnight and as investors assessed a surprise interest rate cut by South Korea.

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Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts.

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