Asia Markets Ex-China Decline, While Europe Gains; Gold Surpasses $2,400 - Global Markets Today While US Slept

The U.S. Stock markets ended mixed on Tuesday, April 16th. Wall Street experienced a decline amid volatile trading. The decline was driven by increasing Treasury yields and investor worries about high interest rates. Federal Reserve Chair Jerome Powell indicated that interest rates may need to stay higher.

Geopolitical Tensions Weigh On World Markets, Dollar Index And Gold Show Strength - Global Markets Today While US Slept

U.S. Stock markets closed lower on Monday, April 15, after strong March retail sales report. Japan's Nikkei 225 index ended the day lower by 1.88%. China's economy grew by 5.3% in Q1 2024, surpassing expectations. Asian stocks fell as strong US retail sales lifted dollar to five-month highs.

Weekly Report: what happened at FXC last week (0408-0412)?

Asia Markets Ex-China Dips, Europe Advances, While Gold Reaches $2,360 - Global Markets Today While US Slept

All major U.S. Stock markets closed sharply lower on Friday, April 12th. All major indices fell over 1% for the week, marking weekly declines. In economic data, export prices rose 0.3% in March and import prices climbed 0.4%.

Gold Clocks New High At $2,415, Asia Markets Sans Japan Dip, Europe Gains - Global Markets Today While US Slept

The U.S. Stock markets ended mostly higher on Thursday, April 11th. The Dow Jones Industrial Average declined 0.01% and the S&P 500 gained 0.74%. Higher-than-anticipated CPI data pushed Treasury yields to a peak not seen since November. Japan's Nikkei 225 index closed higher.

Where We Stand

Dollar Consolidates But Adjustment Is Not Over

Higher than expected US CPI for the third consecutive month drove US interest rates sharply higher and lifted the greenback broadly. The market appears to be catching its breath today, but the shallow consolidation suggests the moves are not over. The dollar has reached nearly JPY153.30. Gold fell by about $18.75 an ounce yesterday, its largest loss in about a month.

US Inflation Data Plays On Asia and Europe Markets, Gold Trades Above $2,350 - Global Markets Today While US Slept

Annual inflation rate in the U.S. Reached 3.5% in March, up from 3.2% in February. The major indexes ended the day lower after unexpectedly high inflation data reduced hopes for early Fed rate cuts. Japan's Nikkei 225 index ended the trading day lower on Thursday.

Bank of Canada Leaves The Door Open To A June Cut

Asia Markets Mixed, Europe Gains, Gold's Up Run Continues - Global Markets Today While US Slept

The U.S. Stock markets ended mixed on Tuesday, April 9th. Nasdaq and S&P 500 saw modest gains, driven by tech. Japan's Nikkei 225 index ended the day lower. China's stock market dipped due to struggling real estate shares. The NFIB Small Business Optimism Index fell for the third consecutive month.

U.S. CPI, New Security Initiatives With Tokyo And Manila, Bank Of Canada Meeting

The dollar has been confined to narrow ranges ahead of the US CPI report. The Reserve Bank of New Zealand signaled that it was in no hurry to cut rates. The New Zealand dollar is leading the G10 currencies higher. The Hang Seng and the mainland companies in Asia are leading the region. Gold is consolidating in about $2345-$2360.

Dollar Consolidates Softer Ahead Of Tomorrow's CPI

Dollar Consolidates Softer Ahead Of Tomorrow's CPI Apr. 09. The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. Most of the large Asia Pacific equity markets rallied. The March CPI and PPI are due first thing tomorrow. Gold hits a new record of $2365.35.

Asia Markets Mixed, Europe Fall As Gold Hits New Peak - Global Markets Today While US Slept

The U.S. Stock markets ended essentially flat on Monday, April 8th. Six of the S&P 500’s 11 main sectors ended the day down, with energy stocks experiencing the biggest percentage drop. A solar eclipse diverted attention from important inflation figures and the start of the first quarter earnings season. Gold prices edged up in Asia on Tuesday, as investors awaited updates on inflation and interest rates.

Will The Market Push The Dollar Above JPY152 As Japanese Prime Minister Heads To The U.S.?

Weekly Report: what happened at FXC last week (0401-0405)?

Asia Market Mixed, Europe Rises, Gold Hits New High At $2,350 - Global Markets Today While US Slept

The U.S. Stock markets ended higher on Friday after a strong jobs report. The Dow Jones Industrial Average rose 0.80% and the S&P 500 was up 1.11%. Japan's Nikkei 225 index finished the day up by 0.78%. Asian markets were also higher on Monday.

Week Ahead: Strong U.S. Jobs Data Failed To Sustain Dollar Rally, Can The March CPI Do Better?

Bank Of Canada Preview: Why The BoC Could Open The Door To A June Rate Cut

Bank of Canada is widely expected to leave the policy rate unchanged at 5% next week. Inflation is converging on target and labour market slack is increasing. The BoC doesn't want to cause a recession and we expect the BoC to open the door to a possible June rate cut. We expect the Canadian dollar to underperform other commodity currencies.

Asia And Europe Markets Decline, Crude Oil Hits $86, Gold Stays Near Record Highs - Global Markets Today While US Slept

U.S. Stock markets ended lower on Thursday, April 4th. Japan's Nikkei 225 index closed down 2.03% in its most challenging week since December 2022. All of the S&P 500 sectors experienced declines, with technology leading the downturn. The Dow Jones Industrial Average closed down 1.25% on the day.

Asia And Europe Markets Gain, Crude Oil Trades Above $85 And Gold Clocks New High At $2,310 - Global Markets Today While US Slept

On Wednesday, the U.S. Stock markets ended mixed as the S&P 500 and Nasdaq saw gains. Japan's Nikkei 225 index closed the session higher by 0.86%. The Dow Jones Industrial Average declined 0.11% to close at 39,127.14. The services sector added 184,000 jobs in March, but the ISM services PMI showed a slowdown.