April 4 Reuters Shares of Asian companies with big cash balances are outperforming the broader market and analysts say the money will be a cushion against volatility and earnings downgrades. The shares of the top 300 listed Asian companies based on their net cash levels have risen about 9 this year, according to Refinitiv data, […]

TORONTO, April 5 Reuters The Canadian dollar is set to rally over the coming year, after a period in which it consolidates its recent gains, as an expected slowdown in economic activity stops short of a hard landing for the economy, a Reuters poll showed on Wednesday. Since early March the Canadian currency has rallied […]

PREVIOUS TRADING DAY EVENTS 04 April 2023 Announcements  According to the U.S. Bureau of Labor Statistics, the number of job openings decreased to 9.9 million on the last business day of February. Thats lower than the revised 10.56 million reported for January, based on the latest Job Openings and Labor Turnover Survey. Economists were expecting […]

Gold hits highest since March 2022 U.S. dollar index near 2month low Local gold prices in India hit record high April 5 Reuters Gold prices rose on Wednesday to their highest level since March 2022 after weak U.S. economic data spurred safehaven demand and expectations that the Federal Reserve might loosen its stance on monetary […]

World stocks pull back from 7week highs NZ dollar rallies after big rate hike LONDON, April 5 Reuters World stock markets stumbled on Wednesday as signs that the economic outlook is weakening spurred caution, while a biggerthanexpected interestrate hike from New Zealand lifted the kiwi dollar. European stocks fell with the broad STOXX 600 index […]

Kiwi hits a twomonth high after RBNZ raises rates Traders bet Fed may not raise rates in May Focus switches to Friday39;s U.S. nonfarm payroll LONDON, April 5 Reuters The dollar wallowed near twomonth lows on Wednesday after weak data supported the view that the Federal Reserve may not need to raise rates much further, […]

Stocks rise, led by miners, oil producers Dollar sags for a second day after drop in manufacturing Oil heads for biggest twoday jump in a year LONDON, April 4 Reuters Global stocks rose in cautious trade on Tuesday as investors grappled with the possibility of a flareup in inflation due to the OPEC group39;s surprise […]

62 bets of rate hike from Fed in May CME Fedwatch Gold sees support near 1,950 and 1,933 analyst April 4 Reuters Gold eased into a tight range on Tuesday, after rallying in the previous session as traders hunkered down for the U.S. Federal Reserve39;s next move after an OPECled surge in oil prices clouded […]