Gold traded near its record high, on course for a monthly gain, ahead of US inflation data this week that may help to clarify the pace at which the Federal Reserve will ease policy. Bullion edged higher, hovering around $2,520 an ounce after declining on Wednesday. Figures due Friday are expected to show the three-month annualized rate of…
Oil prices steadied on Thursday, after two sessions of losses, as supply concerns over Libya returned to focus, while a smaller-than-expected draw in U.S. crude inventories sapped demand expectations. Brent crude futures slipped 7 cents, or 0.09%, to $78.58 a barrel by 0812 GMT, while U.S. West Texas Intermediate crude futures edged 1 cent lower,…
Japanese equities were mixed as tech shares slumped after the yen edged higher and underwhelming earnings from Nvidia damped the outlook for the chip sector. The wholesale trade sector gained on rotational flows. Topix Index was virtually unchanged at 2,693.02 as of 3pm market close in Tokyo. Nikkei 225 was virtually unchanged at 38,362.53. Out of 2,130…
