Sep 24 2024, 09:10 Japan’s factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) fell to 49.6 in September from 49.8 in August. The index stayed below the…
Sep 23 2024, 09:57 The Japanese yen weakened past 144 per dollar in holiday-thinned trade on Monday, extending losses from last week amid concerns that the Bank of Japan is not in a hurry to raise interest rates. Last week, the yen lost over 2% as the BOJ kept its policy rate steady at 0.25%…
Sep 18 2024, 06:36 Oil steadied after closing at the highest in more than two weeks as traders assessed rising tensions in the Middle East, a mixed US stockpiles report, and the likely course of Federal Reserve interest-rate policy. West Texas Intermediate traded above $71 a barrel after rising by nearly 4% in the prior two…
Sep 16 2024, 12:17 Silver price (XAG/USD) continues its winning streak that began on September 9, trading around $31.00 per Troy ounce during Monday’s Asian session. The non-yielding Silver extends its upside due to growing speculation that the US Federal Reserve will opt for a jumbo 50 basis points rate cut at its upcoming monetary…
Sep 12 2024, 02:24 Oil futures rise as Hurricane Francine causes some U.S. offshore production to be shut in, with the rebound from yesterday’s heavy selling tempered by weekly builds in U.S. crude and product stockpiles. The EIA reported an 833,000 barrel increase in crude stocks, and 2.3 million barrel increases in gasoline and distillate…
The Nikkei 225 Index fell 0.3% to below 36,550 while the broader Topix Index dropped 0.5% to 2,607 on Friday, with Japanese shares sliding for the third straight session as a rallying yen continued to pressure domestic equities. The Nikkei and Topix indexes are also on track to decline about 5% and 4%, respectively, this…
