Tue, Mar 26, 2024
Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by75 bps by 2024 end despite recent high inflation readings.
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India was the top buyer of Russian oil last year after other groups retreated from purchases following Western sanctions on Moscow for its invasion on Ukraine in February 2022.
Thu, Feb 15, 2024
The Energy Information Administration (EIA) said U.S. crude inventories jumped by 12 million barrels to 439.5 million barrels in the week to Feb. 9, far exceeding analysts' expectations in a Reuters poll for a 2.6 million-barrel rise.
Mon, Jul 11, 2016
Asian share markets opened higher on Monday on the back of upbeat US job data. A report by Reuters stated that the data lessened immediate concerns about the world’s largest economy, though long-run fallout from Brexit kept sovereign yields near record lows.
Fri, Jul 08, 2016
Early trade on Friday saw Asian shares as steady.
Thu, Jul 07, 2016
Asian share markets opened higher on Thursday after US economic data that took some of the sting out of Brexit scare. The Australian dollar however slipped as the country’s triple A credit rating came under threat.
Wed, Jul 06, 2016
Asian share markets turned tail on Wednesday as fears over instability in the European Union returned with a vengeance, sending the pound to three-decade lows and hammering risk assets of all stripes.
Mon, Jul 04, 2016
Oil futures were steady on Monday following comments from the Saudi energy minister that the market was heading towards balance, although signs of slowing demand in Asia weighed.
Asian shares shrugged off early losses and edged higher on Monday, while the Australian dollar was under pressure after no clear winner emerged from a weekend election.
Fri, Jul 01, 2016
Asian stocks rose on Friday as risk appetite continued to recover from last week`s Brexit shock, but the pound came under renewed pressure after the Bank of England`s governor hinted at an interest rate cut ahead.
Thu, Jun 30, 2016
Oil prices fell in early trade on Thursday, with Brent futures struggling to defend $50.1 per barrel as fears over strike outages in Norway faded and as Nigeria`s production improved.
Mon, Jun 27, 2016
Oil prices dropped on Monday, extending sharp declines after Britain`s vote to leave the European Union sparked a sharp selloff in global markets on Friday.
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