About: josephine
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Gold prices steady despite uncertain US economic indicators
Gold prices are on track for a second consecutive weekly decline but remained stable on Friday morning at $2,301.49 per ounce as of 0215 GMT. The modest weekly loss of over 1% reflects a broader pullback from the record high of $2,431.29 reached earlier in April, with prices falling by $130 since that peak. U.S. Continue Reading
Written on August 20, 2026 at 2:57 am
Categories: Today's Analysis
Asian stocks and Yen show resilience
Key points Asia-Pacific stock indices surge despite market closures Despite the closure of markets in Japan and mainland China, the regional stock indices responded positively, with MSCI’s broadest index of Asia-Pacific shares outside Japan climbing 1.5%, poised for a consecutive weekly rise. Hong Kong’s Hang Seng Index notably advanced by 2%, tracking towards a weekly Continue Reading
Written on August 20, 2026 at 2:56 am
Categories: Today's Analysis
Australian shares rally before US jobs report release
3rd May 2024 — Australian shares exhibited an observable increase, with the S&P/ASX 200 Index climbing by 42.00 points or 0.6%, to settle at 7,629.00. This rise came as investors positioned themselves ahead of the release of the US jobs report, anticipated to show a decrease in job additions from March to April. SEE: ASX Continue Reading
Written on August 20, 2026 at 2:56 am
Categories: Today's Analysis
Gold prices fall due to dollar strength and awaited Federal Reserve comments
6th May 2024 – In the early trading hours on Monday in Asia, gold prices saw a decrease of 0.3%, with spot gold dropping to $2,294.97 per ounce as of 0040 GMT. Similarly, U.S. gold futures also experienced a dip of 0.3%, settling at $2,301.00 per ounce. This decline coincided with a slight firming of Continue Reading
Written on August 20, 2026 at 2:56 am
Categories: Today's Analysis
MARKETS TODAY: Asian stocks climb, Yen continues descent
Key Points: Asian stocks reached their highest levels in more than a year this Monday, driven by growing expectations that the U.S. Federal Reserve might reduce interest rates later this year. Although trading volumes were lower due to a holiday in Japan, the positive mood has seemingly spread across other major Asian markets. Asian market Continue Reading
Written on August 20, 2026 at 2:56 am
Categories: Today's Analysis
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