Oct 11 2024, 13:30 Japanese shares gained on Friday after Deputy Governor Ryozo Himino reaffirmed the Bank of Japan’s readiness to raise rates if economic projections hold, despite the formation of a new government. The Nikkei 225 closed up 0.57%, adding 224.9 points to hit 39,605.80. Himino’s comments, echoing the central bank’s July stance, came…
Oct 10 2024, 08:22 Topix Index added 0.4% to 2,718 on Thursday, extending gains from the previous session and tracking a rally on Wall Street . overnight as markets braced for the latest US consumer inflation report. Local equities also continued to benefit from a weaker yen which fell toward its lowest levels since early…
Oct 10 2024, 10:14 Gold rose above $2,610 per ounce on Thursday after falling for six consecutive sessions, ahead of the key US CPI data later today to seek further cues on the Fed’s interest rate outlook. Recently, gold prices had eased to its lowest level in nearly three weeks, weighed down by diminishing expectations…
Oct 10 2024, 08:58 Oil edged higher after a two-day decline as traders watched for an Israeli response to Iran’s missile attack early last week, while US crude stockpiles expanded the most since April. Brent traded near $77 a barrel and West Texas Intermediate was close to $74. The market remains on edge about Israel’s intentions…
Oct 8 2024, 16:07 The Hang Seng Index plunged 2,173 points, or 9.4%, finishing at 20,927 on Tuesday after surging in the previous two sessions, as investors took profits following the index’s rise to its highest level since early 2022. Market sentiment was further dampened by disappointment over a media briefing in China, where no…
Oct 8 2024, 14:38 Gold price (XAU/USD) ticks lower for the fifth straight day and drops to over a one-week low, closer to the $2,630 trading range support during the early European session on Tuesday. Investors have been paring their bets for another oversized interest rate cut by the Federal Reserve (Fed) in November, which,…
