News
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The Fed’s Fight for Survival — Markets Stay Calm While Economists Sound the Alarm
TradingKey - According to a recent Financial Times survey, most economists believe financial markets are still underestimating the long-term economic damage caused by President Donald Trump’s efforts to politicize the Federal Reserve, warning that an independent central bank could become a governmenTradingKey
Mon, Sep 1
Gold rallies to over four-month top amid Fed rate cut bets, weaker USD, geopolitical risks
Gold (XAU/USD) gains strong follow-through traction at the start of a new week – marking the sixth day of a positive move in the previous seven – and jumps to the $3,486 area, or the highest level since April 22, during the Asian session. The US inflation data released on Friday did little to dent m
Fxstreet
Mon, Sep 1
Asia factory activity shrinks as US tariffs bite, China bucks trend
TOKYO, Sept 1 (Reuters) - U.S. tariffs took a toll on factory activity across Asia, overshadowing a surprisingly upbeat performance in China, private surveys showed on Monday, keeping pressure on policymakers to underpin the region's fragile economic recovery.Reuters
Mon, Sep 1
Indian shares rise on upbeat sentiment; IT leads gains on US rate cut hopes
Sept 1 (Reuters) - India's equity benchmarks rose on Monday as better-than-expected domestic economic data encouraged investors, while information technology stocks led gains after data from the U.S. kept alive hopes of a Federal Reserve rate cut in September.Reuters
Mon, Sep 1
US Dollar Index steadies above 97.50 as Fed rate cut bets weigh on outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous four successive sessions and trading around 97.70 during the Asian hours on Monday. United States (US) markets will be closed on MondayFxstreet
Mon, Sep 1
METALS-Copper extends gains on tighter supply signs, softer dollar
By Lucas Liew Sept 1 (Reuters) - Copper prices rose further on Monday, buoyed by signs of tightening supply and a softer U.S. dollar.Three-month copper on the London Metal Exchange CMCU3 rose 0.24% to $9,926 per metric ton by 0229 GMTReuters
Mon, Sep 1
Spot Gold Rises Nearly 1% To 3,479.53/Oz
Spot gold rose nearly 1% to 3,479.53/oz as traders weighed the future of the Federal Reserve and uncertainty around US President Donald Trump’s tariffs ahead of key US jobs data due later this week.An emergency hearing on Trump’s move to fire Fed Governor Lisa Cook concluded without a decision on FrTiger News
Mon, Sep 1
Japan tech shares drag Nikkei to 3-week low as Advantest dives 9%
By Kevin Buckland TOKYO, Sept 1 (Reuters) - Japan's Nikkei share average slumped to a three-week low on Monday as chip-sector stocks tumbled, taking cues from a technology-led sell-off on Wall Street on Friday.The Nikkei .N225 dropped more than 2% to 41,849.82, as of the midday trading recess...Reuters
Mon, Sep 1
Fed's Daly: Policymakers will be ready to lower interest rates soon
Federal Reserve (Fed) Bank of San Francisco President Mary Daly said that policymakers will be ready to cut the interest rates soon, adding that inflation stemming from tariffs will likely prove temporary, Bloomberg reported on Sunday.Fxstreet
Mon, Sep 1
India and China are partners, not rivals, Modi and Xi say
Xi, Modi discuss expanding trade and investmentModi says atmosphere of 'peace and stability' created on disputed Himalayan border Meeting between Asian rivals comes five days after punishing US tariffs on India take effectXi, Modi seek to present united front against Western pressureBy Lauri...Reuters
Mon, Sep 1
Japan's factory activity shrinks on falling export orders, PMI shows
TOKYO, Sept 1 (Reuters) - Japan's factory activity shrank in August on decreasing orders from overseas, a private sector survey showed on Monday, as the impact of U.S. tariffs began to squeeze the country's export-reliant manufacturing sector.The S&P Global Japan Manufacturing Purchasing...Reuters
Mon, Sep 1
US still working on trade deals despite court ruling, USTR says
USTR says trading partners moving ahead with dealsWhite House optimistic on reversing court ruling, Navarro saysExpert says Trump administration could turn to 'backup options'By Jasper Ward and Andrea Shalal WASHINGTON, Aug 31 (Reuters) - The Trump administration is continuing its talks w...Reuters
Mon, Sep 1
China's NBS Manufacturing PMI rises to 49.4 in August, Non-Manufacturing PMI climbs to 50.3
China’s official Manufacturing Purchasing Managers' Index (PMI) rose to 49.4 in August, compared to 49.3 in the previous reading. The reading came in below the market consensus in the reported month.Fxstreet
Mon, Sep 1
South Korean negotiators struggle to close gaps with US despite summit, tariff deal
Negotiations slowed despite handshake agreement and summitTariff and defence issues remain unresolved, impacting progress$350 billion investment fund and agriculture market disagreements persistBy Hyunjoo Jin and Joyce Lee SEOUL, Aug 29 (Reuters) - Negotiations ranging from tariffs to defence betReuters
Mon, Sep 1
As Mini Labubu Sells Out Instantly, Is Pop Mart's ¥30B Revenue Goal Now Secure?
TradingKey - At 10:00 PM Beijing Time on August 28, POP MART's core IP THE MONSTERS "Heart Code" series mini LABUBU officially launched online, immediately triggering a global buying frenzy among consumers.TradingKey
Sat, Aug 30
