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  • Asian Stocks Fall As Rate Hike Jitters Mount, China Leads Losses

    Asian Stocks Fall As Rate Hike Jitters Mount, China Leads Losses0

    Most Asian stock markets retreated on Thursday, tracking a weak lead-in from Wall Street as fears of rising interest rates and slowing economic growth kept traders wary of risk-driven assets. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes were among the worst performers for the day, down about 0.6% and 0.7%, respectively. Chinese markets

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  • Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes

    Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes0

    Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy from a string of upcoming Federal Reserve speakers and reports. The yellow metal retook the $2,000 level on Tuesday as the dollar and U.S. Treasury yields cooled after a recent recovery rally.

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