MARKET UPDATE
Oil steadies as investors weigh OPEC+ output cut extension. Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts…
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Oil steadies as investors weigh OPEC+ output cut extension. Oil prices were little changed on Monday, as investors weighed a move by producer group OPEC+ to extend deep output cuts…
Gold prices steady with PCE test in focus. Gold prices steadied in Asian trade on Friday, with traders remaining wary of the yellow metal before key U.S. inflation data that…
Dollar steady ahead of inflation data. The dollar was bolstered on Wednesday by rising expectations the Federal Reserve is unlikely to cut rates until later this year ahead of crucial…
Gold prices steady as dollar drifts lower. Gold prices steadied in Asian trade on Tuesday, seeing some relief from a mildly weaker dollar as traders braced for a swathe of…
Gold prices rise slightly after weekly losses. Gold prices rose slightly in Asian trade on Monday, recouping some of last week’s losses as traders remained cautious towards metal markets ahead…
Gold prices steady but head for steep weekly losses. Gold prices steadied in Asian trade on Friday, but were nursing steep declines through the week as concerns over high for…
Dollar near one-week high. The dollar hovered near a one-week high on Thursday after its biggest daily percentage gain this month against a basket of peers a day before as…
Oil drops for third day. Oil prices fell over 1% on Wednesday, retreating for a third straight day on expectations the Federal Reserve might keep U.S. interest rates higher for…
Gold prices hit record high. Gold prices hit a record high in Asian trade on Monday as increased geopolitical tensions in the Middle East boosted safe haven demand, while a…
Asia FX muted, dollar steady. Most Asian currencies weakened slightly on Monday, while the dollar steadied as traders awaited more cues on interest rates from the Federal Reserve this week.…
Gold prices trim some weekly gains. Gold prices fell slightly on Friday, trimming some of their gains for the week as comments from a slew of Federal Reserve officials offered…
European stocks retreat on downbeat earnings. European stock markets edged lower Thursday despite the U.S. inflation-induced global rally, as investors digested some downbeat earnings. At 03:25 ET (07:25 GMT), the…
Gold prices steady as dollar eases. Gold prices steadied in Asian trade on Wednesday, taking advantage of a softer dollar as markets hunkered down before key U.S. consumer inflation data…
Asia FX muted as dollar steadies ahead of inflation data. Most Asian currencies moved little on Tuesday, tracking a steady dollar as traders remained largely focused on upcoming U.S. inflation…
Asia FX edges lower, dollar steadies. Most Asian currencies moved in a flat-to-low range on Monday, while the dollar steadied from recent swings as focus turned squarely to upcoming U.S.…
Gold prices rise, set for weekly gains. Gold prices rose in Asian trade on Friday, extending overnight gains as more signs of a cooling U.S. labor market weighed on the…
Gold prices tread water as dollar holds firm. Gold prices moved little in Asian trade, hovering well below recent record highs as investors remained largely biased towards the dollar before…
Asia FX weakens, dollar firm. Most Asian currencies weakened on Wednesday, while the dollar firmed as comments from Federal Reserve officials saw markets rethink expectations for U.S. interest rate cuts.…
Amazon to spend nearly $9 billion to expand cloud. Amazon.com plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore,…
Oil prices rebound. Oil prices rose on Thursday, rebounding from three days of losses, on expectations the lower levels may prompt the U.S., the world’s biggest crude consumer, to start…