The Dow and S&P 500 posted record closing highs overnight, while the dollar and Treasury yields extended declines from the day before, when the Fed gave a less hawkish outlook than expected. Fed Chair Powell sounded balanced at a press conference, saying he did not "think a rate hike is anyone's

The yen looked wobbly on Wednesday after a sudden spill overnight, pressured by wide interest rate differentials between Japan and the rest of the world. The BOJ is likely to raise its policy rate at its December meeting and the government is set to tolerate the decision, sources told Reuters. Gover

The dollar was on the back foot on Thursday, with trade thinned ahead of the US Thanksgiving holiday. The Australian dollar and New Zealand dollar saw remarkable gains following fresh economic releases. The RBNZ cut rates on Wednesday but said that a hold was discussed and flagged that the easing cy

Oil extended is gains on Thursday after the US seized a sanctioned oil tanker off Venezuela's coast, escalating tensions between the two countries and raising concern over further supply disruptions. Traders said Asian buyers are demanding steep discounts on Venezuelan crude, pressured by a surge of

Gold prices were muted on Tuesday ahead of the Fed's two-day policy meeting. Markets widely expect a 25-bp rate cut, with traders seeing a 90% probability despite Fed's leadership ambiguity. Meanwhile, the leaders of France, Germany and Britain staged a strong show of support for Ukraine in London a

The European currencies were largely unchanged on Monday after two weeks of selling of the greenback, ahead of a week crammed with central bank meetings, where a Fed's interest rate cut is all but priced in. Central Europe's main currencies including the Polish zloty may be close to a ceiling after

Sterling traded near its highest levels in a month on Tuesday as the dollar remained under pressure on data showing US factory activity contracted for the ninth straight month in November. The head of Britain's fiscal watchdog resigned after the agency inadvertently released key details of the gover

The Hang Seng Index firmed on Thursday as Wall St gained a solid footing overnight. The Russell 2000 was particularly strong although ADP showing an unexpected decline in November private payrolls. The index is trading at roughly 12 times earnings. That compares with a multiple of 28 for the S&P

WTI oil prices were heading for weekly gains of close to 2% on Friday, supported by an expected Fed interest rate cut, escalating US-Venezuela tensions and stalled peace talks in Moscow. Trump reiterated o that the US will start striking alleged drug cartels on land in Venezuela very soon. Military

The dollar was on track for its best week in over a month on Friday, while the yen briefly popped higher though government's off-the-cuff remark triggered Japan's biggest bust-up in years with China. Japan sees currency intervention as a possibility in dealing with excessively speculative moves in t

Gold extended gains from the previous session, while silver hit another fresh record high. The RatingDog China General Manufacturing PMI unexpectedly contacted in November, missing analysts' expectations of 50.5. Gold has been on a tear this year, and now a Goldman Sachs survey shows many investors

The Australian dollar touched a three-week high in morning trade on Wednesday. Deutsche Bank strategist said there is scope for a roughly 2% drop in the US dollar through December. Australia's Q3 economic growth of 2.1% missed analysts' expectations, but clocked its fastest expansion in about two ye