Oil prices held steady in Asian trading on Wednesday (December 23rd) after posting five consecutive sessions of gains, supported by US-Venezuela tensions and strong US economic growth data. Brent prices rose 0.1% to $62.42 per barrel, while WTI also gained 0.1% to $58.42 per barrel. Geopolitics remains a key driver of oil prices, with tensions…
Japanese stocks are expected to move higher on Friday, following Wall Street’s record-breaking rally, fueled by OpenAI’s latest funding and eye-catching valuations. Nikkei futures on SGX rose 35 points to 45,050, signaling a positive opening. In the currency market, USD/JPY was at 147.14 (vs. 147.26 late Thursday in New York), indicating a relatively stable yen….
Oil futures declined on Tuesday, easing back after a more than 4% rally a day earlier as traders continued to assess the impact of the Israel-Gaza war on crude supplies in the Middle East. Despite the easing of prices, “the markets remain unsettled by the situation in Israel, which could still lead to further instability…
May 14 2025, 13:00 Oil prices fell on Wednesday as traders eyed a potential surge in U.S. crude inventories, although prices held near two-week highs amid optimism after the United States and China agreed to temporarily lower their tit-for-tat tariffs. Brent crude futures fell 39 cents, or 0.6%, to $66.24 a barrel by 0400 GMT….
Sep 23 2024, 07:27 Gold steadied near a record, with upcoming US data expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be the first in a series of aggressive cuts. Bullion traded near $2,620 an ounce after hitting an all-time high of $2,625.77 an ounce on Friday. A batch…
May 21 2025, 14:54 Both the STOXX 50 and STOXX 600 slipped 0.2% on Wednesday, retreating from nearly two-month highs reached the previous day, as traders awaited new catalysts amid concerns over stalled trade talks, weak economic data, and corporate earnings. Markets are closely watching the ongoing G7 finance ministers’ meeting for any signals that…
