Mining The Markets

Updated

Core inflation in Japan’s capital perks up, backs case for BOJ hikes

BY Reuters  • August 30, 2024August 30, 2024
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Core inflation in Japan’s capital accelerated for a fourth straight month in August, data showed on Friday, tracking comfortably above th[...]
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Morning Bid: Data deluge closes out rollercoaster month

BY Reuters  • August 29, 2024August 30, 2024
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Financial market trading in many Asian countries could be choppy on Friday, with investors hoping to close out a remarkabl[...]
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Stocks ease past Nvidia blues, crude oil rebounds

BY Reuters  • August 29, 2024August 29, 2024
By Chibuike Oguh NEW YORK (Reuters) -Global shares edged higher on Thursday, shrugging off investor disappointment at artificial intelligence powerhouse Nvidia’s results, while oil prices reboun[...]
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Dow closes at record high, Nvidia falls after forecast

BY Reuters  • August 29, 2024August 29, 2024
By Johann M Cherian and Noel Randewich (Reuters) – The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker N[...]
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US dollar gains for 2nd day after GDP backs smaller Fed cut

BY Reuters  • August 29, 2024August 29, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose for a second straight session on Thursday after data showed the world’s largest economy grew a little faster than expected in[...]
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US fiscal profile unlikely to change much after elections, says Fitch

BY Reuters  • August 29, 2024August 29, 2024
(Reuters) -Ratings agency Fitch said on Thursday the U.S. fiscal profile is likely to remain largely unchanged regardless of who wins the upcoming presidential election, as it affirmed the United Stat[...]
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Inflation data helps European stocks shake off Nvidia results; Delivery Hero surges

BY Reuters  • August 29, 2024August 29, 2024
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -Europe’s STOXX 600 rose on Thursday and Germany’s DAX closed at a record high, led by tech stocks, after softer inflation data lifte[...]
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Inflation down in six German states, pointing to national decline

BY Reuters  • August 29, 2024August 29, 2024
By Maria Martinez BERLIN (Reuters) -Inflation fell in six important German states in August due to lower energy prices, preliminary data showed on Thursday, suggesting Germany’s national inflati[...]
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South Korea’s Yoon says to ‘manage’ policy loan rates if housing market heats up

BY Reuters  • August 29, 2024August 29, 2024
SEOUL (Reuters) -South Korean President Yoon Suk Yeol said on Thursday there was a need to “manage” policy loan rates should expectations about lower borrowing costs lead to further price[...]
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