economy

PCE stable Fed cautious
Market News

PCE Stable, Fed Cautious: Asia Markets in Focus

PCE inflation stable, Powell cautious on rate cuts. Asia markets await activity post-Easter holiday closures, DXY opens lower.

Australian retail rebound dollar rises
Market News

Australian Retail Rebound: Dollar Rises Amidst Global Economic Focus

Australian retail sales rebounded in January, rising 1.1% MoM, signaling economic recovery; Aussie strengthened to 0.6540.

Australian Economy Slow Growth
Market News

Australian Economy Faces Slow Growth, Dollar Volatility Ahead

U.S. services sector expansion persists despite missing forecasts; Dollar weakens; Australian economy's growth remains sluggish, impacting AUD.

Nikkei 225 high S&P 500
Market News

Market Watch: Nikkei 225 Climbs, S&P 500 Breaks New Ground

The Nikkei 225 hits record highs above 40,000, while the FTSE 100 struggles and the S&P 500 surges towards 5,150.

Gold US PCE
Market News

Gold Bulls Stifled by Resistance as Focus Shifts to US PCE

Gold prices retreated on Monday, pressured by rising U.S. Treasury yields, with investors eyeing the upcoming US PCE data release.

Australia jobs slump dollar US retail
Market News

Australia Jobs Slump Hits Dollar, US Retail Seen Cooling

Australia's January labour report showed minimal job gains and a rise in unemployment, putting pressure on the Australian Dollar.

UK Recession
Market News

Pound Slips, Stocks Rally: UK Recession Hits as Growth Stalls

UK Recession Confirmed: Latest Q4 GDP data solidifies UK's recession status. GBP weakens, FTSE 100 cautiously optimistic amidst economic uncertainty.

RBA Cash Rate Steady
Market News

Global Market Focus: RBA Holds Cash Rate Steady

RBA keeps cash rate steady at 4.35%, citing inflation concerns; AUD rises slightly, impacting global currency and commodity markets.

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Latest News

Profit-Taking and Tech Sector Weakness Drive Down Asia-Pacific Markets
Market News

Profit-Taking and Tech Sector Weakness Drive Down Asia-Pacific Markets

Asia-Pacific markets declined on Friday, reflecting Wall Street’s tech stock sell-off. Japan’s inflation remained steady, and chip stocks showed resilience.

Asia-Pacific Markets Plunge on Chip Stock Declines: Market Watch
Market News

Asia-Pacific Markets Plunge on Chip Stock Declines: Market Watch

Asia-Pacific markets plummeted on chip stock declines, reflecting global economic uncertainties and geopolitical tensions, impacting regional indices sharply.

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