Japanese investors raised their holdings in foreign stocks, driven by a benign U.S. core inflation report that fuelled expectations of Federal Reserve cuts and boosted global equities, while a strong yen also lifted domestic buying power.

The Bank of Japan is expected to raise interest rates at its January meeting as inflation pressures intensify, setting the stage for significant market reactions.

In a report released today, Richard Taylor from Barclays maintained a Buy rating on IG Group Holdings (IGG – Research Report), with a price

Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.

The dollar rallied on Tuesday after plunging the previous day and stocks rose as Donald Trump's return to the White House brought mixed messaging on tariffs

London stocks closed lower on Wednesday as investors reacted to higher-than-expected government borrowing figures for December.

EU mid-market update: Risk appetite surges while market is laser-focused on Trump transition on Monday; Cool UK retail sales joins recent inflation reading to reinforce case for more BOE rate cuts in 2025.

The day range on the loonie was 68.88 US cents to 69.98 US cents in early trading. The Canadian dollar was down about 0.45 per cent against the greenback over the past month. The U.S. dollar index, which weighs the greenback against a group of currencies, slid 0.55 per cent to 108.76.

Danica Patrick, the former NASCAR driver and IndyCar racer, attended Donald Trump's inauguration party and shared a post from it on Instagram afterwards.

Financial markets got an early reminder of life under US President Donald Trump as initial relief about the lack of immediate sweeping tariffs on all trade partners turned to queasiness for some as he pledged to impose levies on Mexico and Canada within weeks.

Global markets showed marginal gains ahead of U.S. consumer price data that could potentially shift the monetary policy outlook, while investors waited to see if earnings of big banks would match sky-high expectations. Wall Street futures were in positive territory after a mixed close yesterday.

13 Jan - A member of Show Lo's camp has recently denied speculations that the singer has reconciled with his former girlfriend, Grace Chow.