Oct 28 2024, 07:45 The yen fell to its weakest level in almost three months after Japan’s ruling coalition failed to win a majority in parliament at the weekend’s election. Crude tumbled after Israeli strikes on Iran avoided oil facilities. The Japanese currency fell as much as 0.6% to 153.27 per dollar Monday as political…
Oct 28 2024, 14:02 The Nikkei 225 Index jumped 1.82% to close at 38,605 while the broad-based Topix Index gained 1.51% to 2,658 on Monday, recovering most of the losses from last week as the yen weakened further in the aftermath of Japan’s weekend election. The Liberal Democratic Party and its coalition partner Komeito lost…
Oct 28 2024, 07:13 Gold edged down from its highest level since Israel’s weekend strikes on Iran appeared more contained than many had expected. Bullion traded lower near $2,739 an ounce on Monday after Israeli aircraft struck military targets across Iran on Saturday, avoiding oil and nuclear facilities. Tehran did not immediately promise to respond,…
Oct 26 2024, 02:08 Gold prices edged up on Friday after recovering from a profit-taking bout as Middle East tensions and U.S. election jitters supported prices, while palladium prices extended gains to 10-month highs. Spot gold was up 0.2% at $2,741.50 per ounce by 01:44 p.m. ET (1744 GMT). Prices hit a record $2,758.37 on…
Oct 26 2024, 02:14 WTI crude oil futures rallied 2.3% to settle at $71.8 per barrel on Friday, bouncing back from a two-day decline and securing a weekly gain of 3.7%. Investors are closely monitoring ongoing tensions in the Middle East, ceasefire negotiations, and the upcoming U.S. elections. The anticipated talks between Israel and Hamas…
Oct 26 2024, 03:21 The Nasdaq Composite climbed to an all-time high on Friday, boosted by megacap tech stocks. The tech-heavy index rose 0.56% to 18,518.61, while the S&P 500 inched 0.03% lower to end at 5,808.12. The Dow Jones Industrial Average shed 259.96 points, or 0.61%, to close at 42,114.40. Tech stocks boosted the…
