Jan 13 2025, 08:46 Oil prices jumped on Friday as the U.S. Treasury Department announced sweeping sanctions against Russia’s oil industry. Brent gained $2.84, or 3.69%, to close at $79.76 per barrel, while U.S. crude oil advanced $2.65, or 3.58%, to settle at $76.57 per barrel. The benchmarks closed at their highest levels since October….
Jan 13 2025, 09:09 Asia-Pacific markets traded lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve. Hong Kong’s Hang Seng Index fell 1.6%, trading below 19,000 for the first time since last September, data from LSEG showed. Mainland China’s benchmark CSI 300 dropped 0.75%,…
Jan 13 2025, 07:56 Gold (XAU/USD) price traded with slight losses near $2,690 against the broadly stronger US Dollar (USD) during the early Asian session on Monday (13/1). However, safe-haven demand due to uncertainty surrounding the policies of President-elect Donald Trump’s administration could help limit Gold’s decline. A stronger-than-expected US employment data on Friday reinforced…
