Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of […]
Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more
Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more
Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese economic readings this week. Readings on China’s Purchasing Mangers’ Index (PMI) for February are due on Wednesday. Indicators for January had portrayed a somewhat mixed […]
Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and forecast a slight rise in profits this year. Adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of 9.96 billion euros ($10.58 billion) for the quarter, slightly exceeded consensus estimates of 9.9 […]
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns Read more
Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as caution kicked in ahead of the minutes of the Federal Reserve’s February meeting. Japan’s Nikkei 225, the Taiwan Weighted index, and South Korea’s KOSPI were the worst performers for the day, losing between 0.8% and […]
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in interest rates, raising the risk the economy could slip into recession. In a hawkish-sounding quarterly Statement on Monetary Policy, the Reserve Bank of Australia (RBA) said domestically-sourced cost pressures were still picking even if […]
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished mixed as investors grew cautious after a slew of mixed earnings reports. By 6:35pm ET (11:40pm GMT) Dow Jones Futures were down 0.2%, S&P 500 Futures fell 0.6% and Nasdaq 100 Futures were down 1.2%. In extended deals, Apple (NASDAQ:AAPL) […]
Most Asian currencies were muted on Friday amid growing concerns over the path of U.S. monetary policy, while the Chinese Read more
European stock markets edged higher Monday, with sentiment boosted by China’s decision to fully reopen its borders as well as Read more
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Oil prices fell on Wednesday after industry data pointed to a large weekly build in U.S. crude stockpiles, although losses were limited by the prospect of strong demand this year and as the dollar softened on expectations of slower interest rate hikes. Data from the American Petroleum Institute showed that U.S. crude stockpiles surged by […]
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery Read more
Following the change, Japan will not require visas for short-term travelers from the United States and certain other countries, and Read more
Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday season, although caution ahead of key economic readings kept gains limited. Data on Wednesday showed that U.S. crude inventories shrank far more than expected in the previous week, with decreases […]
U.S. stock futures were trading in a tight range during Tuesday’s evening session, after major benchmark averages finished higher as Read more
6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms Read more
With nearly 6 trillion dollars in volume traded on a daily basis, the market for online foreign exchange (forex) trading Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian currencies fell on Monday, while the dollar rose as markets hunkered down ahead of highly awaited signals on U.S. monetary policy from a Federal Reserve meeting and a reading on U.S. consumer inflation. Most regional units were also nursing losses from last week, amid growing concerns over a potential recession in 2023, which […]
Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese Read more
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Read more
Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries Read more
Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more
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Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets
Oil prices fell slightly on Friday as traders weighed the prospect of more economic headwinds from rising interest rates, although renewed optimism over a rebound in Chinese demand put prices on course for strong weekly gains. Crude markets logged wild swings in recent sessions amid a series of mixed cues. While better-than-expected Chinese business activity […]
Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns Read more
The Australian dollar reversed a recent rally on Thursday, as rising fears of a U.S. recession and soft local jobs Read more
Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more
South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more