Posts in category All News
Australian Markets Edge Lower After Inflation Data (26-06-2024)
Australia inflation accelerated more than expected in May, suggesting the Reserve Bank will remain hawkish at the August meeting. Consumer price inflation rose to 4.0 percent in May from 3.6 percent in April, the Australian Bureau of Statistics reported Wednesday. Inflation was expected to rise to 3.8 percent.
Japanese Market Gains On Tech Stocks (26-06-2024)
Amid much uncertainty about the interest-rate outlook, investors braced for the release of key U.S. inflation reading, due later this week for directional cues.
Reserve money contracts marginally on weekly basis (26-06-2024)
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Oil edges higher on inventory drawdown outlook, Middle East risks (26-06-2024)
Oil prices inched up on Wednesday nearing their highest level in almost two months, driven by forecasts for an eventual inventory drawdown during the third quarter peak summer demand season and geopolitical risks from the Middle East conflict.