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Markets
Australian Dollar holds gains as US Dollar corrects downwards despite cautious Fed
The Australian Dollar rises as the RBA intends to maintain a restrictive monetary policy.
The RBA Meeting Minutes indicated that the board remains vigilant…
Japanese Yen gains positive traction against USD, upside potential seems limited
The Japanese Yen strengthens against the USD, though it lacks bullish conviction amid BoJ uncertainty.
The upbeat market mood and elevated US bond yield…
Nvidia : When great isn’t enough
Markets
Nvidia, the titan of artificial intelligence and GPU innovation, crushed Wall Street’s third-quarter expectations with impressive sales and earnings…
ECB’s Stournaras: 2% inflation target to come in early 2025
The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday that the Eurozone is on the cusp of sustainably reaching 2%…
Live news: News Corp retains dual-class structure after activist proposal defeated
US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia.Wall…
NZD/USD drifts higher above 0.5850, focus on Fedspeak
NZD/USD gains ground to near 0.5875 in Thursday’s early Asian session.
Fed’s Bowman said inflation is still elevated and has moved sideways in the last few…
Nvidia beats estimates, but market enthusiasm is curbed
The time has come, and Nvidia has reported 3Q revenues above forecasts at $35.1bn, beating estimates of $33.2bn. Data centre revenue, which is the growth…
Playing hardball or facing hard times?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.So, uh . . . there are some interesting municipal-finance…
Dow Jones Industrial Average struggles to find topside momentum on Wednesday
The Dow Jones backslid another 150 points on Wednesday at its low point.
Equity markets with little data to chew on are awaiting key earnings reports.…
Australian Dollar pulls back from weekly high as USD rebounds
AUD/USD declined by 0.64% to 0.6494 on Wednesday.
The US Dollar strengthened due to geopolitical concerns and higher US yields.
A hawkish RBA might limit…