Gold at one-week high as soft dollar, Middle East turmoil lift demand
Gold prices rose to a nearly one-week high as a slight pullback in the U.S. dollar and growing tensions in the Middle East lifted bullion's safe-haven appeal.
Source: cnbc.com
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Stock market today: Asian shares are mostly higher ahead of US inflation report – Winnipeg Free Press
Breaking News, Sports, Manitoba, Canada
Source: winnipegfreepress.com
Stock market today: Asian shares are mostly higher ahead of US inflation report
Asian shares have gained in morning trading, as investors awaited an update on U.S. consumer inflation that might help set the Federal Reserve's policy on interest rates. Markets were closed
Source: newspressnow.com
Stock market today: World shares are mixed ahead of an...
European benchmarks have fallen in early trading after Asian shares mostly finished higher as investors await an update on U.S. consumer inflation that might help set the Federal Reserve's policy on interest rates
Source: accesswdun.com
Asia's equity shift: Foreigners retreat as bets fade on early US rate cuts
This change in investor behavior comes after two months of substantial buying in November and December 2023, with stock exchanges data showing a combined net sale of $779 million in India, Thailand, Taiwan, South Korea, the Philippines, Vietnam, and Indonesia. Yeap Jun Rong, a market strategist at IG, said these outflows were more indicative of strategic repositioning or profit-taking, rather than a fundamental shift in the broader risk environment. The MSCI Asia-Pacific index shed about 1.7% last month after having rallied a combined 13.4% in the previous two months through December.
Source: yahoo.com