Oil edged lower after a weekly drop as traders awaited a fresh raft of clues about global crude demand and balances in March and beyond. Brent dipped toward $82 a barrel after losing more than 2% last week, with US counterpart West Texas Intermediate above $76. Market outlooks will come this week from International Energy Week in London,…
Oil prices rose sharply Friday after a Ukrainian drone attack reportedly damaged a major oil depot in the Russian Black Sea port of Novorossiysk, potentially tightening global supply At 04:40 ET (09:40 GMT), Brent oil futures for January jumped 1.5% to $63.94 a barrel and West Texas Intermediate crude futures rose 1.7% to $59.67 a…
Saham-saham Jepang melemah karena yen menguat untuk hari keempat, memperdalam kekhawatiran bahwa pendapatan eksportir akan menyusut ketika dibawa kembali ke negaranya. Indeks Topix turun 0,3% menjadi 2,370.58 pada pukul 09:01 pagi waktu Tokyo. Indeks Nikkei 225 turun 0,4% menjadi 33.288,56. Perusahaan peralatan listrik dan perdagangan menjadi penghambat terberat Indeks Topix karena dolar terdepresiasi di tengah…
Nov 6 2024, 11:59 Gold is being weighed by a stronger U.S. dollar as investors eye the election results, says Phillip Nova’s Priyanka Sachdeva in a note. The U.S. dollar gained in early Asian trade as early election results trickled in. No matter whether Trump or Harris wins, gold remains the preferred hedge as the…
Hong Kong stocks opened on the front foot Tuesday morning, with investors brushing off losses on Wall Street as they prepare for a series of key US data this week. The Hang Seng Index added 0.45 percent, or 74.86 points, to 16,548.50. The Shanghai Composite Index was flat, inching up 0.62 points to 3,026.92, while…
Gold prices held steady after rising nearly 2% in the previous session, as traders weighed the uncertain US economic outlook, further complicated by a lack of official data. On Thursday, gold traded just below $4,200 an ounce, maintaining a fourth straight day of gains, its longest rally in a month. While US lawmakers are expected…
