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The Watch
Yuan declines to 11-year low as investors flee trade war risk
China’s yuan hit an 11-year low in onshore trade and tumbled to a record low in offshore trade after a sharp…
Gold rises 2% after Powell speech, U.S. President Trump tweets
Gold rose 2 percent on Friday as investors interpreted U.S. Federal Reserve Chair Jerome Powell’s speech as leaning…
Dollar drops as U.S.-China trade tension intensifies
U.S. dollar dropped broadly on Friday after President Donald Trump ordered U.S. companies to start looking for an…
Oil falls 2.1% as U.S.-China trade war escalates
Oil fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking…
Oil rises after U.S. crude stocks fall , economic concerns weigh
Oil rose on Thursday after a draw down in U.S. crude inventories, but lingering worries over the global economy and…
Dollar rises after Fed minutes temper rate cut expectations
Dollar held gains on Thursday after minutes from the Federal Reserve’s last policy meeting hosed down some…
Gold steady, focus on Jackson Hole summit for rate cut direction
Gold was little changed on Thursday, holding above the key $1,500 an ounce level, as investors awaited the Federal…
Dollar near 3-week high as global stimulus talk lifts yields
Dollar hovered near a three-week peak on Tuesday, as expectations policymakers around the world would unleash fresh…
Oil holds steady on hopes trade tensions could ease
Crude oil held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that…
Gold prices steady after slide below key $1,500 level
Gold was flat on Tuesday, after declining more than one percent in the previous session hit by an uptick in risk…