Trump wraps up MidEast tour

Trade tensions return after the US government pulls out of talks with European countries over their digital tax plans, dashing hopes of a global deal and reviving the prospect of tariffs. Brussels lau...

18 Jun 202025min

A retail rebound …. U.S. retail sales jump a record 17.7 per cent in May, beating expectations and helping the Dow close more than 500 points higher. But Fed chair Jerome Powell warns of significant u...

17 Jun 202027min

A big comeback for stocks, as US futures surge after Wall Street swings back from a negative session and the Nikkei gains more than 4 percent. The Fed says it will begin buying individual corporate bo...

16 Jun 202024min

Asian stock markets and US Futures begin the week in the red, after the Dow posts its worst weekly performance since the middle of March. This as Chinese industrial output in May misses expectations a...

15 Jun 202022min

The worst moves since March... The Dow Jones falls by almost 7 per cent, breaking a three-week winning streak. The broad market sell-off means all the major U.S. averages suffer their worst performanc...

12 Jun 202027min

Lower for longer…the U.S. Federal Reserve promises to keep rates near zero until at least 2022 to support the economic recovery in the wake of the Coronavirus pandemic, with chair Jerome Powell emphas...

11 Jun 202023min

Big tech breaks out… FAANG stocks help the Nasdaq briefly pass through the 10,000-point mark for the first time, while the Dow suffers its worst day in three weeks, snapping a six-day winning streak. ...

10 Jun 202024min

U.S. markets surge with the Nasdaq closing at a record high and the S&P 500 turns positive for 2020 as investors wait on this month’s Federal Reserve rate decision. Veteran hedge fund manager Stanley ...

9 Jun 202024min