August 05, 2020 10:35 am
Spot gold jumped to a record high of $2,030.72 per ounce on Wednesday as bond yields hit new lows. Prices have soared about 33% this year.
August 04, 2020 9:42 am
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9%, while shares in China nudged up 0.1%. Australian stocks gained 2% for the biggest intraday gain since July 21. Tokyo shares also jumped by more than 1%.
August 03, 2020 9:47 am
MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, though that was from a six-month top. Japan's Nikkei added 2.1% courtesy of a pullback in the yen, while South Korea shares were flat.
July 31, 2020 10:32 am
After rising in early trade, MSCI's broadest index of Asian shares outside Japan turned lower by late morning. It was last down 0.22%.
July 30, 2020 10:44 am
The confidence extended in Asia where Japan's Nikkei and South Korea's KOSPI were up 0.3% each, Australia's main index climbed 0.7% and Hong Kong's Hang Seng index rose 0.2%.
July 29, 2020 9:51 am
The Fed is expected to strike a dovish stance at its policy review later in the day and perhaps open the door to a higher tolerance for inflation - something dollar bears think could squash real yields and sink the currency even further.
July 28, 2020 10:44 am
The precious metal had stormed almost $40 higher at one point to reach $1,980 an ounce, only for a wave of selling to slap it back to $1,947 in wild trade.
July 27, 2020 11:06 am
Gold rose 1.0% to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe haven assets, especially those not tied to any specific country.
July 24, 2020 10:36 am
Chinese blue chips retreated 2.9% as a result, though were still up 0.5% for the week. MSCI's broadest index of Asia-Pacific shares outside Japan lost 1.3%, trimming its weekly gain to 0.6%.
July 23, 2020 9:59 am
After ticking higher earlier in the morning session, MSCI's broadest index of Asian shares ex-Japan was last down 0.3%, weighed down by slumping Chinese stocks. The Shanghai benchmark dropped 1.67% following four days of gains.