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China Loses Record Amount of Foreign Investment Funds

China suffered a record withdrawal of foreign investment funds for the April to June period, losing almost $15 billion, data from the State Administration of Foreign Exchange indicated. This is a stark contrast from the $5 billion in withdrawals over the entire first six...

European Stocks Rises as Gold Hits Fresh Record

European stocks rose on Friday and Asian markets stuttered, with gold and oil advancing. This comes as tensions in the Middle East heighten and U.S. inflation data awaits, thereby contributing to widespread market uncertainty. Futures on the Euro Stoxx 50 rose 0.7%, while in the...

China Expected to Meet Economic Growth Goals for 2023

China appears to be on course to meet its economic growth goal for 2023, Yahoo Finance claimed, with economic data due on Wednesday expected to show that gross domestic product rose by 5.2% for the year. This comes despite the nation's struggles with a...

Futures Stagnant as New Year of Trading Kicks Off

Futures listed on the New York Stock Exchange showed little movement as trading for the year 2024 got underway. Contracts on the Dow Jones Industrial Average and the benchmark S&P 500 were little changed, while those listed on the tech-heavy Nasdaq Composite fell by...

Asian and European Stocks Rise as Japanese Interest Rates Remain Unchanged

Stocks across Asia and Europe rose during early trading on Tuesday after the Bank of Japan (BOJ) decided to keep its interest rates unchanged. The Japanese yen slumped 1.3% to a one-week low against the US dollar while global treasuries declined as well, with...

Stocks Fall Amid Weak Earnings and Rising Yields

Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index...