The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world’s largest economy is cooling that will likely give the Federal Reserve room to ease interest rates next year. The yen meanwhile steadied near its recent five-month peak on the prospect that the Bank of…
Tokyo stocks opened nearly flat Tuesday as investors searched for news while many exchanges across the globe remained closed for the Christmas holiday. The benchmark Nikkei 225 index was down 0.01 percent, or 4.14 points, to 33,249.89 in early trade, while the broader Topix index dipped 0.10 percent, or 2.31 points, to 2,335.09. Source :…
Oil steadied after posting the largest weekly advance in more than two months, with shipping disruptions in the Red Sea in focus after a spate of Houthi attacks against vessels in the vital waterway. West Texas Intermediate traded near $74 a barrel, after rallying by 3% in the prior week, the biggest advance since October. Ships…
