Asia-Pacific markets fell Wednesday after Wall Street saw the Nasdaq Composite and the S&P500 indexes tumble on the first trading day of the year. Investors in Asia await India’s factory activity data from S&P Global for December, while oil prices will also be closely watched following Iran’s deployment of a destroyer to the Red Sea…
The dollar rose broadly on Wednesday and stood near a two-week high against its major peers, underpinned by a confluence of factors including elevated U.S. Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street. Trading was thinned in Asia with Japan out on a holiday, and with investors still returning…
Oil prices stabilised in early Asian trade on Wednesday after sharp moves earlier in the week, as markets weighed concerns about the U.S. economy and potential supply disruptions from ongoing tensions in the Red Sea. Brent crude slipped 1 cent, or 0.01%, to $75.88 a barrel by 0300 GMT, while U.S. West Texas Intermediate crude…
