Oil hovers near six-month high as investors track US-Iran tensions
Oil prices dipped a few cents per barrel on Friday (Jan 30), consolidating recent gains and holding near six-month highs, supported by nagging tensions between the US and Iran.…
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Gold hovers near two-week low as investors book profits
Gold hovered near a two-week low on Tuesday (Dec 30) that it touched in the previous session, as year-end profit-taking caused all precious metals to stage a broad pullback from record…
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift economic growth and energy demand, while…
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technology, and other companies. The S&P 500 rose…
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s policy meeting next week Gold prices edged higher on…
Wall Street hovers near records ahead of earnings, inflation data this week
Stocks are climbing on Wall Street Monday and pulling near their records following last week’s roller-coaster ride. The S&P 500 rose 1% and got back within 0.4% of its all-time high set…
Gold hovers near record high on US shutdown concerns, Fed rate outlook
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on Wednesday (Oct 1), hovering near record levels as the US…
Gold hovers near record high on US rate-cut expectations
Gold prices held firm near an all-time high on Monday (Sep 8), inching closer to a key US$3,600 level, bolstered by mounting expectations of a US Federal Reserve rate cut this month…
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by a weaker US dollar and growing expectations for a…
Japan’s inflation hovers well above BOJ’s goal even as it slows
THE pace of Japan’s consumer inflation stayed well above the Bank of Japan’s target even as price growth moderated, supporting market speculation that the central bank will hike its…
Gold hovers near four-week peak on weaker US dollar, trade concerns
Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty over the US-China trade deal boosted demand for the safe-haven asset.…
Gold hovers near two-week peak as focus shifts to US inflation data
GOLD prices remained mostly unchanged on Tuesday (Dec 3), staying near a two-week high hit in the previous session, as investors awaited key US inflation data, due later this week, for…