U.S. faces market sell-off
Markets were spooked after Fed Chair Powell delivers a hawkish cut and signals less easing in 2025 and beyond, with the dollar spiking, treasury yields climbing, and U.S. equities sinking. More fuel w...
19 Dec 202426min
U.S. equities slip from record highs
Wall Street retreats from record highs, with the Dow dipping for a 9th straight session as Nvidia sinks deeper into correction territory. The Federal Reserve is gearing up to deliver its third interes...
18 Dec 202425min
Dow’s longest losing streak since 2018, Nasdaq-listed firms soar to record highs
The Dow hits its longest losing streak since 2018 while the Nasdaq soars, with Tesla, Google, Amazon and Apple hitting record highs. Meanwhile, Nvidia stumbles through, falling under correction territ...
17 Dec 202427min
Lacklustre Chinese data sends equities and bonds lower
Disappointing economic data sends Chinese equities lower and bond yields to record lows, renewing pressure on Beijing to boost domestic demand as stimulus impact fades. In South Korea, President Yoon ...
16 Dec 202424min
U.S. PPI data raises concerns for Fed
U.S. producer price inflation comes in hotter than expected on the back of the CPI data earlier in the week. The print potentially casts some doubt over next week’s widely anticipated Fed rate cut. Sp...
13 Dec 202428min
Nasdaq breaches 20,000 for the first time
On Wall Street the Nasdaq closed Thursday’s session above the 20k-mark for the first time ever after the CPI data hit expectations. A further rate cut by the Fed is now expected next week. Asian marke...
12 Dec 202426min
U.S. markets stuck in red ahead of inflation report
Wall Street is in the red with the Dow posting its fourth consecutive negative session ahead of today’s inflation print. President-elect Donald Trump’s selection of Treasury Secretary Scott Bessent gi...
11 Dec 202425min
China's Xi warns against trade war as November exports plunge
Chinese President Xi Jinping says that there are no winners in a trade war as his country’s November export growth slows and imports decline at their sharpest rate in 14 months. Nvidia shares drag Wal...
10 Dec 202425min
