Gold strengthened at the start of the Asian trading session as market participants grew more confident that the Federal Reserve would cut interest rates later this week. The price increase for this precious metal emerged after the release of key US inflation indicators, which were in line with expectations, providing no negative surprises for the…
The Hong Kong stock index weakened in Monday morning trading, dropping around 165 points or 0.6% to 25,915. This correction halted the previous two sessions’ rally. Most sectors fell, with financial and consumer stocks leading the decline. Investors have become more cautious after consecutive gains, opting to hold off while awaiting new data and sentiment….
The Japanese stock market opened lower at the start of trading after disappointing economic growth data showed results. Japan’s gross domestic product (GDP) fell 0.6% in the July-September quarter compared to the previous three months—worse than the expected 0.4% decline. This data immediately weighed on market sentiment and caused several leading stocks to decline. The…
The Hang Seng rose 175 points or 0.7% to close at 25,936 on Thursday, partly rebounding from a steep fall the prior day amid firmer U.S. futures ahead of Friday’s PCE index and the Fed’s final policy meeting of the year, where a 25bps rate cut is widely expected. Meanwhile, China may keep its 2026…
The Nikkei 225 Index jumped 2.33% to close at 51,028, while the broader Topix Index rose 1.92% to 3,398 on Thursday, with the latter hitting fresh record highs as robot makers and technology shares rallied on renewed investor interest. Fanuc led the advance, surging 13% after the automation company recently announced a partnership with Nvidia…
Oil prices continued their slight rise in recent trading. Brent traded around $63 per barrel after rising 0.4% in the previous session, while WTI held above $59 per barrel. This rise occurred amid market focus on two key geopolitical issues: the inconclusive Ukraine ceasefire talks and the escalating tensions between the United States and Venezuela….
