As the daily moving average convergence divergence is just turning positive amid divergence signals, the USD index must continue moving higher decisively or risks of pullback will increase, UOB said. The USD Index was 0.1% higher at 105.62. Source link
Oil prices were up in early Asian trade. Concerns such as China’s weak demand for oil have weighed on prices recently. Source link
Investing.com – Japan stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Tokyo, the added 0.18%. The best performers of the session on the were DeNA Co Ltd (TYO:), which rose 17.28% or 363.50 points to trade at 2,467.00 at the close. Meanwhile, Furukawa Electric Co., Ltd. (TYO:) added 14.80% or 700.00 points to end at 5,431.00
Investing.com – Taiwan stocks were higher after the close on Monday, as gains in the , and sectors led shares higher. At the close in Taiwan, the rose 0.62% to hit a new 3-months high. The best performers of the session on the were Arima Communications Corp (TW:), which rose 350.24% or 7.39 points to trade at 9.50 at the close. Meanwhile, Parpro Corp (TW:) added 9.89% or 3.20 points
Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according to the head of the Institute of International Finance. “The assumption is you’ll have higher inflation, higher interest rates than you would have in the absence of those tariffs,” Tim Adams, president and CEO of the IIF financial services industry trade group, told CNBC’s Karen Tso on
JGBs edged higher in the morning Tokyo session. Japanese government bond yields will probably face “some upward pressure in the near term,” JPMorgan said. Source link
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the gained 2.60% to hit a new all time high. The best performers of the session on the were NICE Ltd (TASE:), which rose 8.81% or 5,790.00 points to trade at 71,500.00 at the close. Meanwhile, Tower Semiconductor Ltd (TASE:) added 6.86% or
A jobseeker holds flyers during the New York Public Library’s annual Bronx Job Fair & Expo at the the Bronx Library Center in the Bronx borough of New York, US, on Friday, Sept. 6, 2024. Yuki Iwamura | Bloomberg | Getty Images The unemployment rate for white Americans inched higher in October, according to data released Friday by the Department of Labor. In October, white Americans saw their jobless rate
Investing.com– U.S. stock index futures edged marginally higher Friday, remaining near record highs as markets digested the Federal Reserve’s outlook on future rate cuts. At 9:34 ET (2:34 GMT), rose 0.1%, gained 0.2%, and fell 0.2%. The Wall Street indices received a hefty boost earlier this week after Donald Trump won the 2024 presidential election earlier this week, opening the door for more potentially expansionary policies in the coming years. The
