Rusk

Share: Most Asian equities trade lower on Tuesday as markets turn cautious ahead of the key events. Positive news from major developers in China fails to lift market sentiment. The Federal Reserve (Fed), Bank of Japan (BoJ) monetary policy meetings will be in the spotlight this week. Asian stock mar

The German economy is set to contract slightly in the third quarter as private consumption is unlikely to contribute positively, Bundesbank said in its monthly report released Monday. Households are holding back spending despite somewhat slowing inflation and strong wage increases and robust labor m

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Share: Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Precious metals markets are trading quietly this week even as inflation data comes in hotter than expected. Gold prices are up a slight 0.3% since last Friday's close to trade at $1,935 an ounce. The silver market shows a small wee

Share: AUD/USD recovers as the US Dollar stays under pressure after the sticky inflation report. US headline inflation expanded at a 0.6% pace as anticipated due to higher gasoline prices. The Australian Dollar will dance to the tune of the labor market, which is scheduled for Thursday. The AUD/USD

Share: Markets UK Gilts outperformed yesterday following the latest labour market report. Job losses and a fresh uptick in the unemployment rate (4.3%, highest in 2 years) outweighed accelerating wages. It strengthens the UK stagflation case in which the Bank of England will soon err on the dovish s

Share: Asia market update: JP gov’t officials appear to walk back Ueda weekend comments; Asia equities claw back early losses; Country Garden lives to fight another day for now; US CPI tomorrow night. General trend - After the strong push back in the Yen and Yuan yesterday, today a much quieter day