MARKET UPDATE
Oil prices rise on optimism. Oil prices rose on Thursday, extending the previous day’s rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline…
Read more
MARKET UPDATE
Asia shares stumble on China anxiety. Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have…
MARKET UPDATE
Oil prices little change. Oil prices were little changed on Tuesday after falling in the previous session as a U.S. plan to buy oil for the Strategic Petroleum Reserve (SPR)…
MARKET UPDATE
Asia stocks rise as Middle East fears ease. Most Asian stocks rose on Monday as concerns over the Israel-Iran conflict were soothed by a less severe than feared attack by…
MARKET UPDATE
Oil heads for weekly gain. Oil prices nudged higher on Friday and are on track for a weekly gain of more than 1%, as tensions in the world’s top oil-producing…
European stocks and U.S. futures rebound
European shares and U.S. stock futures rallied on Thursday after equity markets suffered a sell-off the previous day, while the dollar slipped as the euro, yen and pound perked up.…
MARKET UPDATE
Dollar stands tall on bets for slower Fed cuts. The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace…
MARKET UPDATE
Gold prices at record highs. Gold prices inched higher to a record high in Asian trade on Wednesday, extending a run of recent gains as anticipation of a tight U.S.…
MARKET UPDATE
Oil prices dip as Blinken arrives in Israel. Oil prices eased on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and…
MARKET UPDATE
Gold prices hit record high above $2,730. Gold prices hit a record high in Asian trade on Monday, extending a rally from last week as uncertainty over the U.S. election…
MARKET UPDATE
Oil steadies, but on track for biggest weekly loss. Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were…
Gold prices close to record highs
Gold prices rose slightly in Asian trade on Thursday, remaining close to record highs even as strength in the dollar- on speculation over a second Trump presidency- weighed on broader…
MARKET UPDATE
Asia FX muted amid China stimulus watch. Most Asian currencies were muted on Thursday as investors awaited cues on more stimulus in China, while the dollar steadied at 2-½ month…
MARKET UPDATE
Asia stocks dip as tech losses weigh. Most Asian stocks fell on Wednesday, as technology shares, particularly chipmakers, were battered by a weak outlook from industry bellwether ASML. Cooling optimism…
MARKET UPDATE
Asia stocks rise tracking Wall Steet. Most Asian stocks rose on Tuesday tracking record highs on Wall Street as the third-quarter earnings season approached, while Chinese stocks fell amid waning…
MARKET UPDATE
Chinese stocks rise. Chinese stocks brushed off initial volatility and clocked strong gains on Monday, rising even as the government provided middling cues on fiscal stimulus and as inflation data…
MARKET UPDATE
European stocks mixed. European stock markets traded in a lackluster fashion Thursday, with investors wary ahead of the release of key US inflation data. At 03:05 ET (07:05 GMT), the…
MARKET UPDATE
Asia stocks rise on tech gains. Most Asian stocks rose on Wednesday with technology shares tracking gains in their U.S. peers, while Chinese markets fell sharply as investors were disappointed…
MARKET UPDATE
Oil retreats as investors pare bets on Middle East war. Oil prices fell more than $1 a barrel on Tuesday as traders took profits from a rally in the previous…
MARKET UPDATE
Oil edges up on Middle East conflict. Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle…