Yesterday’s market reaction to EMU and US eco data suggests that the bottom below core bond yields is becoming firmer after the significant November/December correction. Energy-related base effects and travel-related services costs caused a new uptick in national German/French inflation data, though in line with forecasts.
Japanese rescuers race to find survivors as quake death toll rises to 78
More than 50 people have been reported missing, as Japanese rescuers battle the cold to reach communities that remain cut off three days after a devastating earthquake struck the country’s western coast.
Storm Henk causes flooding and travel disruption in UK
LONDON: Hundreds of flood warnings were in place in the UK on Wednesday, after strong winds and rain lashed large parts of the country, hitting travel and cutting power.
Year in review: How the markets fared in 2023
Last year turned out to be a very good year for the stock market, as the major indexes all posted returns above their historical averages.
Australian Dollar hovers around a major level ahead of US employment data
The Australian Dollar (AUD) halts its losing streak on Thursday. The AUD/USD pair is under downward pressure due to risk-off sentiment and a general bearish session in the commodity complex. The softer Judo Bank Purchasing Managers Index (PMI) data further adds pressure on the Aussie Dollar (AUD).
Bitcoin price divergence suggests rally is impending; spot BTC ETF rejection report refuted
Bitcoin price took a hit on Thursday, resulting in the entire crypto market noting a dip. The sudden drop in price was nothing but a panicked reaction from the investors thanks to the emergence of a report from Matrixport.
Oil prices settle up 3% on supply concerns after oilfield shutdown in Libya
NEW YORK, Jan 3 (Reuters) – Oil prices climbed on Wednesday, settling up about 3% after a disruption at Libya’s top oilfield added to fears that mounting tensions in the Middle East could disrupt global oil supplies.
Flattish trend persists in India bond yields, traders eye Treasury move
MUMBAI: Indian government bond yields were moving sideways in the early session on Thursday as market participants continued to await fresh triggers after US yields started the New Year with an upward bias.
Crude oil price is recovering – Analysis – 04-01-2024
Crude oil price settles above the EMA50 after the strong bullish rally that it witnessed yesterday, to hint the attempt to recover and turn to rise, but we notice that stochastic shows clear negative signals that might force the price to decline again.
Denmark’s Crown Princess Mary to become first Australian-born Queen
The fairy tale rise of an Australian sales executive to the upper ranks of European royalty is set to be completed later this month when Crown Princess Mary Elizabeth of Denmark becomes the country’s Queen Consort.