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Markets
Asian stocks rise after US inflation data clears way for rate cut
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Asian markets rose on Thursday after US inflation data…
Gold price reverses intraday dip to $2,700; flat lines amid mixed fundamental cues
Gold price witnesses an intraday turnaround from over a one-month top touched on Thursday.
Bet for a less dovish Fed and rising US bond yields undermine the…
Australian Dollar steadies as the US Dollar holds minor losses, US PPI awaited
The Australian Dollar appreciates following the domestic mixed labor market.
Australia’s Employment Change rose by 35,600 in November, exceeding the…
USD/INR climbs on US Dollar bids, RBI intervention might help limit losses
The Indian Rupee weakens in Thursday’s Asian session.
The weakening in the Chinese Yuan, firmer USD and dovish expectations following Malhotra's…
Japanese Yen trims part of its weekly losses against USD; upside potential seems limited
The Japanese Yen benefits from a modest USD downtick, though the upside seems limited.
The uncertainty around a December BoJ rate hike and the risk-on mood…
AUD/JPY gathers strength to near 97.50 as Australia’s Unemployment Rate falls in November
AUD/JPY climbs to near 97.40 in Thursday’s Asian session, adding 0.20% on the day.
The Australian dropped to 3.9% in November from 4.1% in October,…
BP and Shell rein in electricity ambitions to escape ‘valley of death’
BP and Shell spent a combined $18bn over five years to become major players in electricity. Now the oil majors are scaling back their ambitions in power generation after poor…
Breaking: Australia’s Unemployment Rate declines to 3.9% in November vs. 4.2% expected
Australia’s Unemployment Rate came in at 3.9% in November, compared with the previous figure of 4.1%, according to the official data released by the Australian…
Accurately predicting the next crash is impossible
Hari Seldon was a genius. He developed mathematical models that accurately predicted changes in mass behaviour. Unfortunately, Seldon was merely a creation of the sci-fi writer…
Chinese policymakers are considering a weaker Yuan as Trump trade risks loom
On Wednesday, China’s top leaders and policymakers are considering letting the Chinese Yuan fall to weather what is likely to be a sharp hike in tariffs, per…