Global Markets

SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 1.1% to 1,115.4 tones on Monday.

Goldman Sachs Commodities Research raised its Brent crude oil price forecasts by $10 for the second and third quarters of 2021.

Volumes on wall street was 14.38 billion shares, compared with the 16.05 billion average for the full session over the last 20 trading days.

In Asia, China kept the one-year loan prime rate (LPR) unchanged at 3.85%, largely in line with expectations of traders and analysts

Hedge funds and money managers slashed their bullish positions in COMEX gold and raised them in silver contracts last week, the CFTC said.

For the first time since November, U.S. Oil drilling companies cut the number of oil rigs operating due to the cold and snow enveloping Texas

Global stocks set new highs again this week with a myriad of factors grabbing a piece of the spotlight, including Congressional hearings aimed at deciphering the recent GameStop trading frenzy.

Stocks on Wall Street closed near break-even on Friday as investors sold technology shares that have rallied through the pandemic and rotated into cyclical stocks set to benefit from pent-up demand once...

Stocks in Asia-Pacific were mixed on Friday following overnight declines for the major indexes on Wall Street. In Japan, the NIkkei 225 declined 0.72% to close at 30,017.92 while the Topix index shed 0.67%...

Oil prices slid as much as 2% in early trade on Friday, adding to overnight declines, on worries that refineries shut by a big freeze in the U.S. South will take some...

Gold Fundamentals Gold prices fell to their lowest in nearly three months on Friday and headed for their worst week since end-November, as recent strength in U.S. Treasury yields dented the non-yielding...

On wall Street, of the 11 major S&P 500 sectors, only utilities and consumer discretionary rose, while real estate barely fell, off 0.02%.

Stocks in Asia-Pacific were lower on Thursday, as mainland Chinese markets returned to trade after a long Lunar New Year break. By the Thursday market close on the mainland, the Shanghai composite rose 0.55%...

Oil prices rose as much as a dollar on Thursday, extending this week’s gains and hitting 13-month highs, as a cold snap sweeping Texas and surrounding regions shut at least a fifth...

Technology shares led losses on the S&P 500 and Nasdaq. Apple Inc, PayPal Holdings Inc and Nvidia Corp weighed most on both indexes.

Stocks in Asia-Pacific were mixed on Wednesday as investors monitored bond yields following a recent rise. In Japan, the Nikkei 225 slipped 0.58% on the day to 30,292.19 while the Topix index shed 0.18%...

Bullish oil prices marked time on Wednesday, as support from supply disruptions in the U.S. south caused by an Arctic blast was offset by expectations that OPEC+ producers may ease their output...

The Dow Jones Industrial Average notched a record closing high, joining a global march propelling stock indexes to record highs on Tuesday, as investors bet that COVID-19 vaccinations and U.S. stimulus will...

Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating as mainland China remain closed for the Lunar New Year holiday....

Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world’s biggest oil producer. Prices also gained...

Asian stock markets closed higher on Monday following the record closing highs on Wall Street on Friday and as a slowdown in the rate of coronavirus infections and rollouts of Covid-19 vaccine...

Oil prices rose to their highest in more than a year on Monday, after a Saudi-led coalition fighting in Yemen said it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group,...

Gold eased on Monday after U.S. Treasury yields jumped to their highest in nearly 11 months in the previous session, with platinum scaling a six-year peak on expectations of a supply shortfall....

Global Markets finished modestly positive for the week on strong earnings growth and the increasing likelihood of additional fiscal stimulus.  

The S&P 500 and Nasdaq set record closing highs on Friday as investors bought Bumble stock, a day after IPO, the energy, financial and materials shares and sold big tech stocks in...

Shares in Australia and Japan struggled for gains on Friday where trading volume was relatively low as many stock markets in the region are closed for the start of the Lunar New...

Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International Energy Agency said the market was still over-supplied. Brent crude was down 47 cents,...

The Nasdaq and S&P 500 eked out modest gains on Wall Street during Thursday's session with investors betting on more fiscal stimulus, but U.S. President Joe Biden said China was poised to...

Trading in Asia-Pacific was muted Thursday as multiple major markets in the region were closed for holidays. Hong Kong’s Hang Seng index rose 0.45% on the day to 30,173.57 while the Straits Times index in Singapore...

Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts and hopes that rollouts of vaccines will drive a recovery in demand....

On Wall Street, S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares...

Shares in Asia-Pacific were higher on Wednesday as Chinese stocks led gains among the region’s major markets. By the market close in mainland China, the Shanghai composite gained 1.43% to 3,655.09 while the Shenzhen component advanced...

Oil prices rose again on Wednesday, extending their more than week-long rally after industry data showing a fall in U.S. crude oil stocks added to optimism about an expected rise in global...

MSCI’s gauge of global stocks and the Nasdaq extended their runs to fresh highs on Tuesday, and oil prices pushed their rally into a seventh straight session as strong earnings and economic...

Stocks in Asian markets mostly advanced Tuesday with Chinese mainland shares leading gains. The benchmark Shanghai composite rose 2.01% to 3,603.49 while the Shenzhen component advanced 2.36% to 15,630.57. In Hong Kong, the Hang Seng index...

Oil prices edged up on Tuesday to their highest in 13 months as supply cuts by major producers and optimism over fuel demand recovery support energy markets. Brent crude futures for April gained...

Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a speedier economic recovery from the global health crisis, driven by increased stimulus and an accelerated...

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for further economic...

Stocks in Asia-Pacific were mostly higher on Monday, as investors monitored shares of China’s tech giants following the release of new anti-monopoly guidelines over the weekend. Chinese tech shares were mixed as...

Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and hopes for further U.S. economic stimulus measures to boost demand. Brent crude for...

Global markets posted their best weekly gain since November, with major indexes closing at fresh record highs. Fiscal-stimulus expectations and progress on vaccine distribution continue to underpin the bullish market narrative. Crude...

The S&P 500 posted 34 new 52-week highs and no new lows; the Nasdaq Composite recorded 286 new highs and four new lows.

China’s Kuaishou Technology soared nearly 200% from its issue price as the stock made in its debut in Hong Kong on Friday.

Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude supply...

Stronger-than-expected results so far in the fourth quarter have driven up analysts’ expectations, and S&P 500 companies are now on track to post earnings growth for the quarter instead of a decline...

Shares in major Asia-Pacific markets slipped on Thursday, with South Korea leading the losses. The Kospi in South Korea declined 1.35% to close at 3,087.55. Mainland Chinese stocks also closed lower, with the Shanghai composite down...

Oil prices extended gains on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy, and as crude stockpiles in the United States fell to their lowest levels...

Visa is examining a suite of application programming interfaces (APIs) to allow banks to offer Cryptocurrency services. In a press statement, the payment giant said the Visa Crypto APIs pilot program will...

The Dow and S&P 500 rose slightly on Wednesday, registering a third straight session of gains, with Alphabet Inc’s shares hitting a record high following its strong quarterly results.

Stocks in Asia-Pacific were mixed on Wednesday as a private survey showed China’s services sector activity growth slowing sharply in January. Mainland Chinese stocks declined on the day, with the Shanghai composite down 0.46% to...

Oil prices rose in Asia on Wednesday after hitting their highest in about a year in the previous session, supported by an unexpected draw in U.S. crude stockpiles and an OPEC+ estimate...

All the 11 major S&P sectors advanced, with economy-linked energy, financial and industrials gaining the most.

Stocks in the Asian - Pacific regions rose on Tuesday following an overnight jump on Wall Street. The Shenzhen component in mainland China saw robust gains as it rose 2.073% on the day to...

Oil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their commitments on restraint, supporting a market thrown out of kilter by weak...

Silver, one of the most valued commodities has surged to an eight-year high after a critical exchange on social media last week to buy the metal to push up prices. The metal...

Robinhood, the U.S. online broker that has emerged as a gateway for amateur traders challenging Wall Street hedge funds, has held talks with banks about raising $1 billion in debt

Asian stock markets posted a surg on Monday as silver prices saw strong gains. South Korea’s Kospi led gains among the region’s major markets, jumping 2.7% to close at 3,056.53 as shares of biopharmaceutical...

Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, although patchy coronavirus vaccine rollouts, new infections and the discovery of new variants...

Global Markets logged one of the largest weekly loss in three months last week as volatile trading in certain pockets of the market continued, raising concerns about speculative excesses.

An army of retail investors returned to Wallstreet to trade shares in GameStop Corp and Koss Corp. The stocks sky-rocketed after brokers including Robinhood eased some of the restrictions they had placed...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.732 after rising from levels below 90.3 earlier in the week in Asia.

Oil prices were steady on Friday, sticking to ranges seen over the past three weeks, as investors looked for signs of changing supply and demand fundamentals. A cut in Saudi Arabia’s oil...

Heavyweights, including Microsoft Corp, Amazon.com and Alphabet Inc, were among the biggest boosts to the S&P 500, a day after the three major U.S. indexes suffered their biggest daily percentage drop in...

Shares in Asia-Pacific fell on Thursday following an overnight plunge on Wall Street that wiped out the S&P 500′s 2021 gains and left it in negative territory for the year. Mainland Chinese...

Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand, after England clamped down on travel and China, the world’s second-largest oil consumer, also sought to limit...

Volume on U.S. exchanges was 23.42 billion shares, well above the 14.31 billion average for the full session over the last 20 trading days.

The Nikkei 225 in Japan rose 0.31% to close at 28,635.21 while the Topix index gained 0.65% to finish its trading day at 1,860.07. South Korea’s Kospi closed 0.57% lower at 3,122.56.

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s second-biggest oil user, reported its lowest daily rise in Covid-19 cases, bolstering hopes of...

Dow Jones Industrial Average fell 22.96 points, or 0.07%, to 30,937.04, the S&P 500 lost 5.74 points, or 0.15%, to 3,849.62 and the Nasdaq Composite dropped 9.93 points, or 0.07%, to 13,626.07.

Stocks in Asia declined in Tuesday trade, with Chinese stocks leading losses among the region’s major markets. The Hang Seng index in Hong Kong dropped 2.55% to close at 29,391.26. Hong Kong-listed shares of...

Oil prices eased on Tuesday, giving up some of the previous session’s gains, as hopes for rapid approval of new U.S. economic stimulus faded while new coronavirus infections around the world mount up. Brent...

Earlier on Monday, drugmaker Merck & Co said it would stop development of its two COVID-19 vaccines. Its shares managed to shrug off early losses and ended the session up 0.21%.

According to a United Nations Conference on Trade and Development report released on Sunday, China has overtaken the U.S. as the world's top destination for new foreign direct investment. Foreign direct investment...

In the afternoon of Asia - Pacific trading hours, the international benchmark Brent crude futures up 0.47% at $55.67 per barrel. U.S. crude futures gained 0.55% to $52.56 per barrel.

Oil prices slipped for a second straight session on Monday as renewed Covid-19 lockdowns raised fresh concerns about global fuel demand.

Global markets finished the week slightly off record highs, as investors continue to balance positive news with near-term challenges. In focus is the $1.9 trillion fiscal-stimulus proposal from the Biden administration

President Joe Biden said on Friday the U.S. economic crisis was deepening and that the government needs to take major action now to help struggling Americans.

In Japan, the Nikkei 225 slipped 0.44% to close at 28,631.45 while the Topix index shed 0.21% to finish its trading day at 1,856.64. South Korea’s Kospi declined 0.64% to close at 3,140.63.

U.S. West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel at 0445 GMT, after slipping 18 cents on Thursday.

Ford Motor Co jumped 6.17% extending gains for a second straight day after Deutsche Bank raised its price target on the U.S. automaker’s stock.

In December, Larry Fink the firm's Chief Executive Officer noted that the world's most popular cryptocurrency was seeing giant moves on a daily basis and could possibly unfold into a global market.

Shares in major Asia-Pacific markets rose on Thursday after stocks on Wall Street sailed to record highs as U.S. President Joe Biden was sworn into office.

The administration is also committed to ending new oil and gas leasing on federal lands, Biden’s press secretary said, although Biden has not laid out a timeline for achieving that goal.

Saudi Arabia hence became the top supplier to China for a second year in a row, after taking the spotlight from Russia in 2019 where It significantly raised its crude sales to...

The S&P 500 posted 54 new 52-week highs and no new lows; the Nasdaq Composite recorded 336 new highs and four new lows.

Stocks in major Asia-Pacific markets were mostly higher on Wednesday, with Hong Kong-listed shares of Chinese tech juggernaut Alibaba surging following the reappearance of founder Jack Ma. Shares of Alibaba listed in the city surged...

Six analysts polled by Reuters estimated, on average, that crude stocks fell by 300,000 barrels in the week to Jan. 15, but expect gasoline stockpiles rose by 3.0 million barrels. Distillate inventories,...

The S&P 500 posted 37 new 52-week highs and no new lows; the Nasdaq Composite recorded 296 new highs and nine new lows.

South Korea’s Kospi led gains among the region’s major markets, rising 2.61% to close at 3,092.66 as shares of automaker Hyundai Motor surged 8.51%.

Biden’s pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Tuesday, the Wall Street Journal reported.

Mainland Chinese stocks were higher on the day, with the Shanghai composite up 0.84% to 3,596.22 while the Shenzhen component advanced 1.58% to 15,269.27. The Hang Seng index in Hong Kong rose 0.87%, as of its final hour...

“The Relative Strength Indexes (RSI’s) on both contracts were in overbought territory, indicating a correction was on its way,” said Jeffrey Halley, senior market analyst at OANDA.

Turkish stocks, as measured by the BIST-100 Index, returned about -1.0%. T. Rowe Price sovereign analyst Peter Botoucharov has been reviewing the latest macroeconomic data from Turkey and notes that the country’s...

The Dow Jones Industrial Average fell 177.26 points, or 0.57%, to 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, to 3,768.25 and the Nasdaq Composite dropped 114.14 points, or 0.87%, to...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 90.409 following an earlier low of 90.223

“China, the global engine of oil demand growth, is wrestling with fresh COVID outbreaks,” it said.

Investors were waiting for the earnings season to kick into full swing with results from JPMorgan, Citigroup and Wells Fargo slated for Friday.

China’s exports rose 18.1% in December as compared with a year earlier, according to customs data released Thursday.

A hefty COVID-19 relief package, which U.S. President-elect Joe Biden is due to unveil on Thursday, also kept losses in check.

Earnings reports from big U.S. banks including JPMorgan and Citigroup were also on investors minds as they will mark the unofficial start to the fourth-quarter earnings season on Friday.