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Dollar strength prompts PBOC's defence of yuan
The dollar index soars to its highest level since late 2022, prompting the PBOC to ramp up efforts in a bid to protect the yuan. Chinese trade data f…
1 year, 5 months ago
Jitters over soaring global bond yields
Global markets are spooked by elevated yields with the 10-year Treasury yield sitting at a near-eight month high while UK Treasury seeks to reassure …
1 year, 5 months ago
Global bond sell-off accelerates
The bond market sell-off continues around the world with the benchmark yield rising in the UK, Germany, Japan and the U.S. The 10-year yield is now a…
1 year, 5 months ago
Strong jobs, services data dampens Fed rate cut hopes
A strengthening services and jobs scenario Stateside again dampens expectations of further Fed rate cuts this year with tech stocks pushing U.S. indi…
1 year, 5 months ago
Nvidia's Huang outlines new ambitions at CES
Nvidia shares are at a record high as CEO Jensen Huang announces at CES his company’s ambitions to expand in robotics, gaming and autonomous vehicles…
1 year, 5 months ago
Chinese services activity at 7-month high
Chinese services activity hits a seven-month high on the back of strong domestic demand. The strength of the dollar pushes the yuan to a 16-month low…
1 year, 5 months ago
Wall Street kicks off 2025 in the red
The S&P 500 and the Nasdaq begin the year in the red - their fifth-straight negative session. However, the dollar extends its rally into 2025 with th…
1 year, 5 months ago
U.S. on high security alert following truck attacks
The U.S. is on high alert as the new year begins with a terror attack involving a pick-up truck ramming into revellers in New Orleans, killing 15 peo…
1 year, 5 months ago
Stoxx 600 to post second straight positive year
European equities are largely flat in the holiday-shortened session but the Stoxx 600 is set to deliver a second year in the green for the first time…
1 year, 5 months ago
175 dead in South Korea air disaster
The Jeju Air disaster becomes South Korea’s worst air disaster in history with Boeing shares opening lower on the Frankfurt bourse. European equities…
1 year, 5 months ago