Day: January 9, 2023

European Stocks Edge
Stock Market

European Stocks Edge Higher; German Industrial Production Impresses

European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as stronger-than-expected German industrial production. At 03:45 ET (08:45 GMT), the DAX index in Germany traded 0.3% higher, the CAC 40 in France gained 0.2% and the FTSE 100 in the U.K. climbed 0.2%. European markets […]

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Dow Futures Trade Lower As Tech Earnings Disappoint, Apple Sheds 2.8%
Dow Futures

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Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning
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Dow Futures Tick Higher, Fed Minutes In Focus
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Oil prices rebound
Economy

Oil Prices Rebound on China Reopening Optimism, Easing Fed Fears

Oil prices rose on Monday, recovering a measure of recent losses as investors bet that an economic reopening in China and a less hawkish rhetoric from the Federal Reserve will help spur a recovery in crude demand this year. China reopened its international borders for the first time since 2020, a clear indication that the […]

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Oil on Edge as Markets weigh Poland Strike, Sluggish Demand
oil in edge

Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while Read more

BoJ Holds Ultra-Low Interest Rates, Raises 2022 Inflation Forecast
Interest Rates

The Bank of Japan (BoJ) held interest rates at record lows as expected on Friday, and said inflation is likely Read more

Oil Prices Tread Water Between Tightening Supply, Recession Fears
Financial News

Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global Read more

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

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Asia FX
Economy

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its international borders, while hopes of a less hawkish rhetoric from the Federal Reserve also weighed on the dollar and supported regional units. The yuan jumped 0.7% to 6.7912 against the dollar, its strongest level since […]

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Oil prices creep

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Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets
Asia FX Weakens

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more

US discovers UK coronavirus variant in patient with no travel history
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‘Final throw of the dice’: UK, EU to resume talks in efforts to save Brexit
Deal or no deal, Britain to pay high price for Brexit

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