Sep 20 2024, 06:38 Oil was on track for the biggest weekly advance since February after a steep interest-rate cut by the Federal Reserve, while traders continued to monitor simmering tensions in the Middle East. West Texas Intermediate traded near $72 a barrel, and was up almost 5% for the week. Brent closed below $75 on…
Sep 20 2024, 07:35 Japanese stocks rose as optimism the US economy will achieve a soft landing spurred appetite for riskier assets. Investors are awaiting the Bank of Japan’s policy decision Friday. The Topix gained 1.4% to 2,654.45 as of 9:09 a.m. Tokyo time, while the Nikkei 225 Stock Average advanced 1.9% to 37,861.76. Toyota Motor Corp. contributed the…
Sep 20 2024, 06:50 Gold steadied near a record high, with markets assessing healthy US jobs data released a day after the Federal Reserve kicked off its monetary-easing cycle with a 50-basis-point cut. Bullion was on track for small weekly gain after closing 1.1% higher on Thursday, following a report that showed a slide in jobless…
