Oil edged lower after a weekly drop as traders awaited a fresh raft of clues about global crude demand and balances in March and beyond. Brent dipped toward $82 a barrel after losing more than 2% last week, with US counterpart West Texas Intermediate above $76. Market outlooks will come this week from International Energy Week in London,…
Japanese equities are extending their rally after the Nikkei 225 reached a record high last week. Monday’s advance was led by gains in the wholesale trading sector after Berkshire Hathaway reported an unrealized gain in Japan’s five largest trading houses of $8 billion. Topix Index rose 0.4% to 2,671.78 as of 9:09 a.m. Tokyo time. Nikkei advanced 0.5% to…
Gold was steady following its biggest weekly gain in two months as the market waited for more clarity on when the Federal Reserve would start cutting interest rates. Bullion has largely held its ground this year despite investors pushing back expectations for how soon the Fed would start easing. Swaps markets suggest investors don’t see much chance…
