Japanese equities were mixed as investors await the Friday release of the Fed’s preferred measure of inflation — the personal consumption expenditures price index. Topix Index fell 0.2% to 2,340.90 as of 9:06 a.m. Tokyo time Nikkei advanced 0.1% to 31,920.22 Mitsubishi UFJ Financial Group contributed the most to the Topix’s decline, decreasing 1.5%. Out of 2,156…
Oil was steady near $92 a barrel after dropping the most in eight weeks in the previous session on technical resistance and speculation the Saudis will start restoring output if prices get too high. West Texas Intermediate was subdued after a rollercoaster session on Thursday in which it rose above $95 a barrel at one point but…
Gold headed for its biggest weekly decline in eight months, with the higher-for-longer interest rate environment taking its toll on the precious metal. Bullion was steady on Friday after declining for the previous four sessions to below the $1,870-an-ounce mark that analysts had flagged as an important technical level. Commentary by the Federal Reserve indicating it…
