Key points: Nikkei jumps 1.5%, reaching 38,293.34, after Wall Street’s strength. BOJ’s dovish stance supports market sentiment, as chip-related stocks rally. The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by …
Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see …
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com
Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal …
As global markets brace for a slowdown in US growth, attention turns to Japan, where inflation pressures are already driving key decisions from the country’s central bank. The Bank of Japan’s decision to maintain its short-term interest rate at 0.25% …
The Federal Reserve’s decision to cut rates by 50 basis points sent the benchmark S&P 500 to its first closing all-time high in two months. So far, the index has gained 0.8% in September, a month historically known for weaker …
The Nikkei index surged by as much as 2.21% during early trading on Friday before paring gains later in the day, closing 1.53% higher at 37,723.91. This marks its best weekly performance in over a month, with a weekly rise …
The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com
Brent futures, which were trading down 26 cents or 0.4% at $73.62 a barrel early on Friday, have still gained 4.3% over the week. Similarly, US WTI crude, slightly down by 0.2% at $71.80, registered a 4.8% rise for the …