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Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar
Thu, Jan 25, 2018
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.
Global stocks, dollar sag after U.S. government shutdown
Mon, Jan 22, 2018
Financial markets in the United States and Asian stocks took a knock early on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration.
Global Markets: Asian shares dip as commodities ease, bitcoin licks wounds
Wed, Jan 17, 2018
Asian stocks stepped back from a record high on Wednesday as the region`s resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.
Gold prices steady, set for fourth straight weekly gain
Fri, Jan 05, 2018
Gold prices held steady on Friday after hitting 3-1/2 month highs in the previous session, remaining on track for their fourth straight weekly gain.FUNDAMENTALS * Spot gold was mostly unchanged at $1,322.50 an ounce at 0102 GMT.=>
Global Markets: Asia shares eye all-time top amid global growth cheer
Wed, Jan 03, 2018
Asian stocks struck a decade peak on Wednesday as risk appetites were whetted by a bevy of upbeat manufacturing surveys that confirmed a synchronised upturn in world growth was well under way.
Oil gains on pipeline outage tempered by robust U.S. output
Mon, Dec 18, 2017
Oil prices edged higher on Monday, supported by a North Sea pipeline outage and a workers` strike in the Nigerian energy industry. Still, growth in U.S. crude output cast a shadow over the market and continued to cap gains.
Brent crude prices near 2015 high after North Sea pipeline disruption
Tue, Dec 12, 2017
Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipeline for repairs, knocking out significant supplies from a market that was already tightening due to OPEC-led production cuts.
Asia wagers global cheer will outlive Fed tightening
Tue, Dec 12, 2017
Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week.
Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet
Mon, Dec 11, 2017
Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday`s Asian session on expectations the Federal Reserve will stick to its tightening path.
Asia stocks pressured by Wall Street losses, dollar sags
Wed, Dec 06, 2017
Asian stocks slipped on Wednesday, pressured by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term U.S. yields.
Asian shares subdued as tech blues offset U.S. tax cut hopes
Tue, Dec 05, 2017
Asian shares were subdued on Tuesday as investors` rotation out of technology shares took the toll on some of the region`s tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.
Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless
Mon, Dec 04, 2017
The U.S. dollar bounced to a two-week top on Monday and S&P futures rallied as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in the world`s largest economy.
Gold inches up as dollar weakens after US Senate tax bill stalls
Fri, Dec 01, 2017
Gold prices edged higher early Friday, after marking a 3-1/2 week low in the previous session, as the dollar weakened slightly after the progress on U.S. tax legislation hit a roadblock. FUNDAMENTALS
Oil prices fall on uncertainty over OPEC output cuts, pipeline restart
Tue, Nov 28, 2017
Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.
Global Markets: Asia stocks slip as China, S.Korea weakness weigh, euro hits 2-month high
Mon, Nov 27, 2017
Asian stocks gave back earlier modest gains and fell back from a decade high on Monday, weighed by weakness in the Chinese and South Korean markets, while the euro reached a two-month top against the dollar.
Asia shares cautious as mood turns skittish
Thu, Nov 16, 2017
Asian shares got off to a cautious start on Thursday after Wall Street stumbled despite upbeat U.S. economic news and the Treasury yield curve hit its flattest in a decade as investors priced in more U.S. rate hikes.
Strong rupee helps Indians buy homes in London for cheaper
Thu, Aug 17, 2017
Indian luxury home buyers found it cheaper to buy homes in London than the previous year.
Rupee hits over 2-yr high, foreign lenders sell dollars
Wed, Aug 02, 2017
The Indian rupee strengthened to its highest in more than two years amid heavy selling of dollars by foreign banks, with the central bank decision to cut interest rates having only a limited impact, according to traders.
Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines
Fri, Jul 28, 2017
Oil prices extended a rally into a sixth day on Friday, hovering near 8-week highs on a decline in U.S. inventories and OPEC`s ongoing efforts to curb production to ease a global glut.
Global Markets: Ebbing risk appetite grounds Asian stocks, dollar sulks as euro strengthens
Mon, Jul 24, 2017
Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro`s near-two-year high on the European Central Bank`s seeming lack of concern about its strength left the dollar languishing near a 13-month low.