Singapore Dollar Steady; Trump’s Potential Tariffs May Weigh
The Singapore dollar was steady against its U.S. counterpart in the Asian session but could be weighed by U.S. President-elect Trump’s potentia…
India’s Sensex Slips 0.3%, Dragged by Tech, Industrial Stocks
Indian shares fell, dragged by falls in tech and industrial stocks, as caution emerged ahead of the earnings season.
Oil Fall as Traders Digest EIA Report
Oil fell in the morning Asian session, as traders digested EIA’s report on weekly U.S. supplies of crude, gasoline, and distillates.
Port strike averted on East and Gulf coasts, in what both sides call ‘win-win agreement’
A union that represents thousands of workers on the East and Gulf coasts reached a tentative six-year agreement with their employers, according to a joint…
Gold Prices Flat Amid Risk-Off Sentiment
Gold prices were flat in early Asian trade. The recent rising trend of gold prices was likely due to higher demand from China’s central bank an…
S&P 500 starts January with gains after Santa rally busts. What to watch for next.
A pair of closely watched but overlapping stock-market phenomena delivered a split decision for investors looking for clues to possible full-year performance. A tiebreaker awaits.…
U.S. 10-Year Treasury Yield May Breach Last Year’s High, Charts Show
The U.S. 10-year Treasury yield may breach last year’s high of 4.739%, based on charts, UOB said.
Asian Currencies Consolidate; Abating Fed Rate-Cut Hopes May Weigh
Asian currencies consolidated against the dollar in the early morning session but may be weighed by abating Fed rate-cut hopes.
Costco’s holiday-season sales jump was not just about food, analyst says
Costco Wholesale Corp. on Wednesday reported a 9.9% year-over-year sales gain through the final stretch of the holiday-shopping season, marked by a big jump in…
Australia Shares to Open Lower After Five-Day Winning Streak
Australian stocks are expected to start the day in the red, with ASX futures down by 0.4% ahead of the open.