Jan 20 2025, 09:59 The dollar weakened against major currencies on Monday as traders braced for a series of policy announcements following Donald Trump’s inauguration. Markets are focused on his plans to raise tariffs, tighten immigration, lower taxes and increase deregulation, which are expected to have an impact on inflation. However, trading volumes are expected…
The Hang Seng climbed 250 points or 1.4% to end at a 1-month top of 17,641 on Thursday, advancing for the second day as most sectors gained. The tech index soared 1.5%, amid a 9.3% surge in Xiaomi Corp. after the company logged strong revenue in Q2. Financials and consumers also gained robustly, as hopes…
Oil prices fell on Friday (January 30th) after a three-day rally, as risk-off sentiment swept the market: Asian stocks weakened and the dollar strengthened, making dollar-denominated commodities less attractive. In Asian trading, Brent fell back below $70/barrel and WTI weakened to around $64/barrel, after breaking through $70 the previous day for the first time since…
Nov 25 2024, 07:58 Minyak stabil setelah kenaikan mingguan terbesar dalam hampir dua bulan karena risiko geopolitik di Ukraina dan Timur Tengah membuat investor gelisah. Minyak mentah Brent diperdagangkan di atas $75 per barel setelah melonjak hampir 6% minggu lalu, dengan West Texas Intermediate mendekati $71. Perang Rusia di Ukraina telah meningkat dengan penggunaan rudal…
Tokyo stocks opened higher Monday following gains of US tech shares last week in thin holiday trade. The benchmark Nikkei 225 index added 0.61 percent, or 200.89 points, to 33,369.94 in early trade, while the broader Topix index added 0.60 percent, or 14.04 points, to 2,350.47. Source : AFP
Hong Kong stocks rose around 201 points (0.8%) to 25,733 in Thursday’s morning session, extending their gains for a second day. This rise was driven by positive sentiment from Wall Street after the Fed cut interest rates in line with market expectations. Traders remain hopeful of further easing, although the US central bank has signaled…
