Asian stocks edged up on Friday, drawing support from unexpectedly strong growth in China's economy at the end of last year, although gains were limited by caution ahead of Donald Trump's inauguration as U.
BoJ and RBA decisions dominate 2025’s early trends. Wage growth, inflation, and China’s stimulus measures drive Forex markets. Read key insights here.
The Kobeissi Letter indicated that China recorded lower interest rates for the first time in 30 years than Japan. The report also highlighted that China’s economy is currently described as a “deflationary spiral,
SINGAPORE--The yen was poised on Friday for its strongest weekly performance in over a month as expectations grow that the Bank of Japan will raise rates next week, putting the dollar on the back foot ahead of Donald Trump’s return to the White House.
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The tone in global stocks turned weaker on Friday as Asian shares tracked overnight losses on Wall Street, even as bond yields slid amid a revival in bets that the Federal Reserve will cut interest rates in June.
Alibaba's recent strong quarter, focusing on efficiency and shareholder returns, makes it a buy despite macroeconomic challenges in China. Read more on BABA here.
U.S. Focus will fall on Trump’s inauguration. Monday is a public holiday in the U.S. but policy announcements are widely expected to result in volatility across financial market
Global equities rose on Friday, adding to weekly gains, as declining bond yields, stronger than expected Chinese growth figures and upbeat earnings supported riskier assets.
Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in worrisome U.S. Treasury yields before Donald Trump's inauguration as president on Monday.
Wall Street was heading for more gains before the open on Friday as markets try to log their first winning week of 2025 on the final day of trading during
It doesn't really help either that the dollar is also positively correlating with a rising oil price. It's too much of a stretch to label the greenback a petrocurrency; nonetheless, as US shale-oil explorers have the ability to scale up, crude prices being buoyed by geopolitical tensions will only add to the dollar's resilience.