Wall Street shrugs off FOMC divisions
FOMC minutes show greater splits over last month’s jumbo 50bps rate cut than initially thought but sanguine U.S. equities shrug off news about September’s Fed decision. In Asia, Chinese stocks extend ...
10 Loka 202427min
China equities plunge following 10-day rally
Chinese equities come crashing back to Earth, snapping a 10-day winning streak following the PBOC’s recent stimulus measures as economic realities sober up markets. Stateside, the DoJ is considering a...
9 Loka 202424min
China markets reopen rally falters
The Chinese blue-chip CSI 300 Index pares gains of more than 10 per cent following the week-long National Day Holiday. An official CCP economic conference subsequently fails to wow investors. The Worl...
8 Loka 202425min
Hang Seng leads Asian gains
The Hang Seng stands out among strong Asia equities, hitting a two-and-a-half-year high following Friday’s bumper U.S. jobs data. Confidence is growing that the U.S. is set for a soft landing. Crude p...
7 Loka 202423min
Crude up as Iranian oil targets discussed
Crude prices spike once again as U.S. President Joe Biden appears to say that Israeli retaliatory strikes on Iranian oil facilities may be under discussion. Wall Street looks set to snap a three-week ...
4 Loka 202424min
Crude inches higher on MidEast tensions
Crude prices continue upwards as Israel ramps up strikes on Hezbollah in Beirut and considers retaliatory measures following Iran’s missile attack on Tuesday. OpenAI manages to raise $6.6bn in a new r...
3 Loka 202426min
Crude soars as Iran attacks Israel
Crude prices spike after Iran launches close to 200 missiles at Israel in retaliation for the killing of Hezbollah Hassan Nasrallah. In New York, Vice-Presidential candidates JD Vance and Tim Walz go ...
2 Loka 202424min
Wall Street hits fresh highs
The Dow and the S&P 500 notch new records while the Nasdaq enjoys its fourth consecutive quarter in the green. Federal Reserve Chairman Jerome Powell says the central bank does not have pre-set projec...
1 Loka 202426min
