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The index of leading economic indicators in Japan, which is a gauge of the economy a few months ahead and is compiled using data such as job offers and consumer sentiment, climbed to 102.9 in April of 2022, matching the...

The dollar index traded around 104 on Monday, holding on to its last week’s declines and tracking recent weakness in Treasury yields, amid growing concerns about a possible recession. Federal Reserve Chair Jerome Powell said...

Stocks in Asia advanced on Monday, lifted by a rally on Wall Street Friday, as concerns of higher and faster rate hikes eased. The Hang Seng jumped almost 3% and the Shanghai Composite hit a near 4-month peak, boosted by the...

Newcastle coal futures, the benchmark for top consuming region Asia, consolidated below the $400-per-tonne mark as surging inventories and prospects for weaker demand amid signs of slowing global growth continued to pressure the...

In testimony to the Senate banking committee on Wednesday, Fed Chair Powell acknowledged that steep interest rate hikes may cause a recession in the US, and avoiding it mostly depends on the factors beyond Fed control. “The...

The dollar index traded around 104.1 on Thursday, holding on to its recent declines and tracking Treasury yields lower, amid growing concerns of a possible recession. Federal Reserve Chair Jerome Powell said in a testimony to...

Oil prices sank around 1.5% on Thursday, continuing a fall from the prior day and touching their lowest in over a month, on lingering worries that aggressive US interest rate hikes could trigger a recession and dent fuel demand....

The dollar index rose above 104.5 on Wednesday, recouping some losses from previous sessions and inching towards a 20-year high reached last week as expectations that the Federal Reserve will continue to aggressively tighten...

Asian equities lost significant ground on Wednesday as persistent concerns about tightening monetary conditions and soaring inflation remained a drag for markets. The Hang Seng index lost more than 2.5% to bottom around the...

Oil prices sank over 6% on Wednesday amid mounting fears about a possible recession as several central banks delivered big rate hikes to tame surging inflation. Meantime, US President Biden is set to meet with seven large oil...

European equity markets continued their recovery on Tuesday, as investors took advantage of lower valuations while assessing more aggressive central banks and the possibility of a recession. On Tuesday, Germany’s BDI...

The dollar index eased toward 104.3 on Tuesday, giving back some of its recent, but remains close to a 20-year high reached last week as expectations that the Federal Reserve will continue to aggressively tighten monetary...