Market News

Market

Mixed Fortunes in Asia: A Closer Look at Market Reactions to Chinese and Australian Economic Data

Asia-Pacific stock markets showed mixed reactions to Australia's trade and retail data, and China's inflation report. Australia's S&P/ASX 200 dropped, while South Korea's Kospi Com...

Market

US Stock Markets Show Resilience Amid Federal Reserve's Inflation Concerns

US stock markets ended mostly higher despite Federal Reserve's inflation concerns highlighted in the December FOMC report. The Dow Jones Industrial Average rose, while the Nasdaq 1...

Market

European Markets Take a Hit as Economic Sentiment Dips Across the Eurozone

European stock markets closed lower as economic sentiment weakened across the Eurozone, with significant drops in Germany's industrial orders and a decline in the European Commissi...

Market

US Crude Oil Inventories Dip by 1 Million Barrels: EIA Weekly Report Unveils

The EIA reports a 1 million barrel decrease in US crude oil inventories for the week ending January 3, with refinery inputs increasing and gasoline production decreasing. Crude oil...

Market

US Stock Markets Show Little Movement at Open Amid Mixed Jobs Data Release

US stock markets opened flat as investors analyzed mixed jobs data, with private sector employment growth falling short of expectations and a decrease in initial jobless claims. Ma...

Market

eBay Shares Leap Nearly 12% Following Strategic Partnership Announcement with Meta

eBay's shares surged nearly 12% after announcing a partnership with Meta Platforms Inc., featuring eBay listings on Facebook Marketplace in France, Germany, and the US, aiming for ...

Market

British Pound Hits Lowest Against Dollar Since April 2024 Amid Economic Concerns

The British pound has weakened to its lowest level against the US dollar since April 2024, driven by economic uncertainties, rising bond yields, and a slowdown in key sectors. This...

Market

German 10-Year Bond Yield Climbs to 2.5%, Marking a Six-Month High

The yield on Germany's 10-year government bond has surged to 2.5%, the highest in six months, influenced by economic data from Europe and the US. Inflationary trends in Germany and...