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Bitcoin hovers near all-time peak as crypto draws record inflows
BITCOIN is sustaining a record-breaking run, lifted by the unprecedented amounts of capital flowing into crypto products as well as a looming reduction in the digital token’s supply growth. The…
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Gold’s record run stalls ahead of US inflation print
GOLD prices were steady on Tuesday (Mar 12), as traders refrained from taking new positions after bullion’s record run ahead of United States consumer prices data that could offer clues…
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Crypto product inflows soar to record high, CoinShares says
A WAVE of investor interest is driving billions of US dollars into cryptocurrency assets this year, pushing inflows to record-breaking levels, according to CoinShares International. A record US$2.7 billion flowed…
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Nvidia ETF that delivers double gains sees record flows
ARTIFICIAL intelligence (AI) bulls are increasingly gravitating towards an exchange-traded fund (ETF) that amps up bets on Nvidia as trading volumes and inflows hit all-time highs. After notching a record…
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Yen climbs as traders eye BOJ hike, Bitcoin hits new record
THE yen continued to rise on Monday (Mar 11) as an upward revision in Japan’s growth figures bolstered investors’ bets that interest rates could increase this month, while Bitcoin hit…
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Bitcoin Zooms To Record Beyond $72,000
Bitcoin raced to an all-time peak above $72,000 Monday as the world’s most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. The virtual unit struck $72,234…
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Australian shares skid off record high as banks, miners drag down benchmark
AUSTRALIAN shares retreated from record high levels on Monday (Mar 11), with heavyweight mining and banking stocks dragging down the benchmark as investors turn their attention to the central bank’s…
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Chinese buying set stage for gold’s latest record run
LAST week’s gold rush may have been triggered by bets on the US Federal Reserve’s long-anticipated pivot to looser monetary policy, but the foundations for the record rally were laid…
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US: Wall Street slips as chip stocks slide from record highs
WALL Street’s two major indexes turned red on Friday (Mar 8) with Nasdaq leading losses as high-flying chip stocks went into reverse and a labor market report showed that while…
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2023-24 Winter Warmest On Record For Mainland US
The 2023-24 winter season was the warmest ever recorded for the mainland United States, official data showed Friday, in the latest sign the world is moving into unprecedented territory as…
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US: S&P 500, Nasdaq hit record highs as jobs data strengthens rate cut bets
THE S&P 500 and the Nasdaq hit new intra-day record highs on Friday (Mar 8) after data showing a rise in the unemployment rate and moderation in wage gains bolstered…
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Tech stocks see biggest weekly outflow on record, BofA says
INVESTORS dumped technology stocks at the fastest rate on record and continued to pour money into investment grade bonds and cash equivalents in the week to Wednesday (Mar 6), Bank…
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Banks drive Australian shares to record high on firming rate-cut bets
AUSTRALIAN shares ended at a record high on Friday (Mar 8), boosted by interest rate-sensitive financial stocks, while investors continued to bet on monetary policy easing after the US Federal…
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Europe: Stoxx 600 jumps 1% after ECB rate decision; Novo Nordisk hits record high
EUROPE’S main index leapt on Thursday, after the European Central Bank kept rates steady on signs of cooling inflation and as Novo Nordisk hit a record peak on encouraging trial data of…
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Gold at record levels as Powell says Fed cuts likely this year
GOLD prices on Wednesday (Mar 6) hovered near a record peak hit in the previous session after US Federal Reserve chair Jerome Powell said interest rate cuts are still likely…
