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    Global stocks wobble ahead of US jobs data; bonds in the spotlight

    Global stocks wobble ahead of US jobs data; bonds in the spotlight

    10 Jan 2025

    Global stocks were under pressure on Friday ahead of a US jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound...

    Global stock markets mostly end in green on US optimism

    Global stock markets mostly end in green on US optimism

    07 Jan 2025

    European and Asian stock markets mostly rose Tuesday following another tech rally on Wall Street.Traders also assessed tariff plans of incoming US president Donald Trump following a report he may...

    US trade deficit widens in November as imports jump

    US trade deficit widens in November as imports jump

    07 Jan 2025

    The US trade gap widened in November according to government data released on Tuesday, as imports rose faster than exports ahead of President-elect Donald Trump’s return to the White House.With...

    Nippon, US Steel file suit against Biden team after $15b deal scuttled

    Nippon, US Steel file suit against Biden team after $15b deal scuttled

    06 Jan 2025

    Nippon Steel and US Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head...

    China’s yuan briefly hits weakest against dollar since Nov 2023

    China’s yuan briefly hits weakest against dollar since Nov 2023

    05 Jan 2025

    China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, which traders say could reflect authorities’ desire...

    US central bank’s job on taming surging inflation is not yet done

    US central bank’s job on taming surging inflation is not yet done

    05 Jan 2025

    Two Federal Reserve policymakers said they feel the US central bank’s job on taming inflation is not yet done, but also signaled they do not want to risk damaging the...

    Biden’s decision to block Nippon Steel takeover creates uncertainty

    Biden’s decision to block Nippon Steel takeover creates uncertainty

    05 Jan 2025

    By blocking a Japanese company’s takeover of US Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.In...

    Trump’s first actions and job data to test market in January

    Trump’s first actions and job data to test market in January

    29 Dec 2024

    After closing the books on a banner year for US stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power...

    US registers 18.1 per cent record increase in homelessness this year

    US registers 18.1 per cent record increase in homelessness this year

    29 Dec 2024

    The United States saw an 18.1% increase in homelessness this year, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a...

    Dollar set for big annual gain as traders brace for high US rates

    Dollar set for big annual gain as traders brace for high US rates

    27 Dec 2024

    The US dollar headed towards an almost 7% annual gain on Friday and Japan’s yen for a fourth consecutive year of losses as traders anticipated robust US growth would make...

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