US stocks close at higher with major indices having their best week in 2024
The major US stock indices are closing solidly higher and with the best gains the 2024. The final numbers are showing: Dow industrial average rose 619.05 points or 1.56% at…
Read More »AUD/JPY Price Analysis: Gains capped near key resistance as bearish backdrop persists
The AUD/JPY pair posted a mild advance on Friday’s session, moving toward the 90.30 zone after notching a gain of over 0.30%.
Read More »US annual PPI inflation softens to 2.7% in March vs. 3.3% expected
The Producer Price Index (PPI) for final demand in the US rose 2.7% on a yearly basis in March, the data published by the US Bureau of Labor Statistics showed…
Read More »US March PPI +2.7% vs +3.3% expected
Prior was +3.2% PPI -0.4% m/m vs +0.2% expected Ex food and energy +3.3% y/y vs +3.6% expected Ex food and energy -0.1% m/m vs +0.3% expected Ex food, energy…
Read More »Malaysia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Malaysia on Friday, according to data compiled by FXStreet.
Read More »All eyes stay on the bond market in final trading day of the week
Despite a decent 30-year bond auction yesterday, yields are continuing to surge as broader market dislocations are persisting. 30-year yields in the US shot to a high of 4.95% earlier…
Read More »PBOC is expected to set the USD/CNY reference rate at 7.3484 – Reuters estimate
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the…
Read More »USD/CAD strengthens above 1.4100 on tariff pause
The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) due to…
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