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Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lies in store for the rest of the year. Japan stocks were lower after the close on Monday, as losses
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WTI crude prices fell on Monday as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply. U.S. West Texas Intermediate (WTI) crude futures were at $62.02 a barrel at 0350 GMT, down 32 cents, or 0.5 percent, from their previous close. Brent crude futures were at $65.85
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Dow futures fluctuated ahead of Friday’s open, as investors’ tried to shake off concerns surrounding the U.S. administration. The S&P 500 futures rose a point and a half or 0.05% to 2,756.75 as of 6:43 AM ET (10:43 GMT) while Dow futures decreased 17 points or 0.07% to 24,907.0. Meanwhile, Nasdaq 100 futures were down
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Australian shares rose on Friday, boosted by retail giant Wesfarmers which soared after announcing plans to spin off its Coles supermarket division but falls in banking stocks limited gains. The S&P/ASX 200 index rose 0.3 percent or 14.6 points to 5,935.4 by 0031 GMT but was set to finish the week lower. The benchmark fell
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Gold prices held lower on Thursday, hovering close to one-week highs as the previous session’s mixed U.S. data and political turmoil in Washington continued to pressure the dollar and support safe-haven demand. Gold futures were little changed at $1,325.9 a troy ounce by 07:00 GMT, just off the previous session’s one-week peak of $1,330.5. Sentiment
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WTI crude prices held steady on Thursday, supported by healthy global demand but capped by the relentless rise in U.S. production that is undermining efforts led by producer cartel OPEC to cut supplies and prop up markets. U.S. West Texas Intermediate (WTI) crude futures rose 7 cents, or 0.1 percent, to $61.03 a barrel by
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Gold surrendered its early gains to $1330 area, or one-week tops, and has now retreated to the lower end of the daily trading range. A combination of factors, ranging from fading Fed rate hike expectations and the latest White House exits, kept exerting downward pressure on the US Dollar and benefitted dollar-denominated commodities – like
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European market opened lower on Wednesday as investors monitor fresh cooperate earnings as well as political developments in the U.S. Euro Stoxx50 was 0.21% up at 3403.50 after a gap down opening. The FTSE 100 is seen down by 23 points at 7,110; the DAX 30 is seen off by 54 points at 12,141 and
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WTI crude prices dipped on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on markets. U.S. West Texas Intermediate (WTI) crude futures were at $61.18 a barrel at 0747 GMT, down 18 cents, or 0.3 percent, from their previous close. Brent crude futures were at $64.77 per
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Japan will urge its G20 counterparts at a meeting next week to beef up efforts to prevent cryptocurrencies from being used for money laundering, a government official with direct knowledge of the matter said. But the prospects for the G20 finance leaders to agree on specific global rules and mention them in a joint communiqué
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