The Dow and S&P 500 posted record closing highs overnight, while the dollar and Treasury yields extended declines from the day before, when the Fed gave a less hawkish outlook than expected. Fed Chair Powell sounded balanced at a press conference, saying he did not "think a rate hike is anyone's

Oil extended is gains on Thursday after the US seized a sanctioned oil tanker off Venezuela's coast, escalating tensions between the two countries and raising concern over further supply disruptions. Traders said Asian buyers are demanding steep discounts on Venezuelan crude, pressured by a surge of

The yen looked wobbly on Wednesday after a sudden spill overnight, pressured by wide interest rate differentials between Japan and the rest of the world. The BOJ is likely to raise its policy rate at its December meeting and the government is set to tolerate the decision, sources told Reuters. Gover

Gold prices were muted on Tuesday ahead of the Fed's two-day policy meeting. Markets widely expect a 25-bp rate cut, with traders seeing a 90% probability despite Fed's leadership ambiguity. Meanwhile, the leaders of France, Germany and Britain staged a strong show of support for Ukraine in London a

The European currencies were largely unchanged on Monday after two weeks of selling of the greenback, ahead of a week crammed with central bank meetings, where a Fed's interest rate cut is all but priced in. Central Europe's main currencies including the Polish zloty may be close to a ceiling after

WTI oil prices were heading for weekly gains of close to 2% on Friday, supported by an expected Fed interest rate cut, escalating US-Venezuela tensions and stalled peace talks in Moscow. Trump reiterated o that the US will start striking alleged drug cartels on land in Venezuela very soon. Military

The Hang Seng Index firmed on Thursday as Wall St gained a solid footing overnight. The Russell 2000 was particularly strong although ADP showing an unexpected decline in November private payrolls. The index is trading at roughly 12 times earnings. That compares with a multiple of 28 for the S&P

The Australian dollar touched a three-week high in morning trade on Wednesday. Deutsche Bank strategist said there is scope for a roughly 2% drop in the US dollar through December. Australia's Q3 economic growth of 2.1% missed analysts' expectations, but clocked its fastest expansion in about two ye

Sterling traded near its highest levels in a month on Tuesday as the dollar remained under pressure on data showing US factory activity contracted for the ninth straight month in November. The head of Britain's fiscal watchdog resigned after the agency inadvertently released key details of the gover

Gold extended gains from the previous session, while silver hit another fresh record high. The RatingDog China General Manufacturing PMI unexpectedly contacted in November, missing analysts' expectations of 50.5. Gold has been on a tear this year, and now a Goldman Sachs survey shows many investors

Crude prices were little changed on Friday as investors eyed the progress of the Russia-Ukraine peace talks and the outcome of the OPEC+ meeting on Sunday for clues on potential changes in supply. Russian President Putin said on Thursday that outline draft peace proposals discussed by the US and Ukr

US investors poured nearly $92 billion into long-term funds in October, the largest inflow of 2025. Meanwhile, net US bond fund inflows cooled to a seven-week low of $4.11 billion in the week., LSEG Lipper data showed. But the 10-year Treasury yield has fallen to 4% for the first time in a month, af