Data
US: S&P 500, Nasdaq hit intraday record highs after inflation data
Wall Street’s main indexes opened higher on Wednesday (May 15), with the Nasdaq and the S&P 500 hitting intraday record highs after consumer prices increased less than expected in...
JGB yields slide as US CPI data snags focus from BOJ policy
Japanese government bond (JGB) yields edged down on Wednesday (May 15) as investors hit pause on a recent sell-off in bonds to await a US inflation report believed to...
Gold prices edge lower as traders eye US data for Fed clues
GOLD prices inched down on Wednesday (May 15) ahead of a key US inflation data that could offer insight into the Federal Reserve’s interest rate trajectory.Spot gold was down...
Google launches Trillium chip, improving AI data centre performance five-fold
GOOGLE parent Alphabet on Tuesday (May 14) unveiled a product called Trillium in its artificial intelligence (AI) data centre chip family that it says is nearly five times as...
Oil settles lower as inflation data gives way to market jitters
OIL prices settled lower on Tuesday, after US data stoked concerns that interest rates may stay high, but potential risks to supply from Mideast tensions and wildfires in Canada put...
US: Nasdaq ends at record high ahead of consumer inflation data
THE Nasdaq finished at a new record on Tuesday as US stocks rallied, shrugging off data that showed April wholesale inflation that topped expectations.The tech-focused index closed at 16,511.18, up 0.8...
US: Wall St nearly flat at open after hot inflation data
Wall Street’s main indexes were little changed on Tuesday (May 14) as investors assessed stronger-than-expected producer prices data and awaited Federal Reserve Chair Jerome Powell’s speech later in the...
Greenback edges up as traders await US inflation data, sliding yen in focus
THE US dollar edged higher on Tuesday (May 14) as traders awaited US inflation data, while the yen hovered near a two-week low, stoking intervention worries.
The sterling fell sharply,...
