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Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally

Gold prices fell slightly in Asian trade on Thursday, extending steep losses from the prior session after Donald Trump’s victory in the 2024 elections sparked a rally in the dollar and risk assets.

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Asia FX at risk as dollar firms into US elections- JPM

Asian currencies are at risk of further weakness amid recent strength in the dollar, especially if the upcoming U.S. elections result in a Republican sweep, JPMorgan analysts wrote in a recent note.

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S&P 500 valuation suggests 1-2% price return over next decade: BofA

The S&P 500 is currently considered statistically expensive across 19 of 20 valuation metrics, indicating limited long-term price growth, Bank of America said in a Monday report.

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Pfizer management looks to show turnaround as Starboard looms

Pfizer (NYSE:PFE)'s quarterly financial report on Tuesday comes at a critical moment for the U.S. drugmaker and its CEO, as activist hedge fund Starboard Value ramps up the pressure to demonstrate concrete results of a promised turnaround.

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Dollar steady at start of action-packed week; euro edges higher

The U.S. dollar steadied Monday, on course for a hefty monthly gain, while the euro was steady at the start of an action-packed week.

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European airlines' Q3 struggle with plane delays, high costs

Europe's major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and limited planes, with no sign of delivery delays from planemakers Boeing (NYSE:BA) and Airbus improving any time soon.

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Bitcoin price today: steady at $67k after DOJ-Tether report stalls rally

Bitcoin rose slightly on Monday after logging a muted performance over the weekend as a push towards record highs was muddled by a report that the U.S. government was probing stablecoin giant Tether. 

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