Bank of Canada to Cut Rates Again Despite Soaring CPI It was the Bank of Canada that kicked off the central bank bonanza on Wednesday. The Bank of Canada resumed its rate-cutting cycle in September after a six-month pause and is expected to ease again in Octob...

This week has been another tumultuous week for global markets. The trade conflict dominated market volatility this week, while tougher U.S. sanctions on Russia reignited geopolitical risk premiums. After soaring to a record high of $4,381 on Monday, gold fell ...

On October 24, in early trading in Asia, spot gold was trading around $4,112 per ounce. Gold prices rose more than 1% on Thursday as renewed geopolitical risks spurred safe-haven demand and investors prepared for key U.S. inflation data released on Friday. U.S...

The U.S. dollar index hovered around 98.89 in Asian trading on Friday, with the dollar rising against the yen on Thursday as traders awaited U.S. consumer inflation data delayed until Friday and weighed the impact of new U.S. sanctions on Rosneft. The sanction...

1. The U.S. dollar: Good news and bad news are intertwined, with CPI becoming a key factor. The demand for hedging is rising: the United States and Russia canceled the Budapest talks, the Russian military launched strategic nuclear force exercises, and the Uni...

Markets remained relatively calm early Thursday, October 23, as investors avoided taking large positions while looking for the next big catalyst. Later in the day, the U.S. economic calendar will feature existing home sales and new home sales data. On Friday, ...

In the Asian market on Wednesday, the U.S. dollar index paused its rise after rising for three consecutive days. It once exceeded 99 during the session. As of now, the U.S. dollar is quoted at 98.98. Overview of foreign exchange market fundamentals U.S. Treasu...

On October 23, in the Asian market on Thursday, spot gold was trading around US$4,080 per ounce. The price of gold fell to a nearly two-week low as investors took profits before the United States released key inflation data this week. US crude oil was trading ...