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Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Thu, Jan 25, 2018

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.

Global stocks, dollar sag after U.S. government shutdown

Global stocks, dollar sag after U.S. government shutdown

Mon, Jan 22, 2018

Financial markets in the United States and Asian stocks took a knock early on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration.

Global Markets: Asian shares dip as commodities ease, bitcoin licks wounds

Global Markets: Asian shares dip as commodities ease, bitcoin licks wounds

Wed, Jan 17, 2018

Asian stocks stepped back from a record high on Wednesday as the region`s resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.

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Gold prices steady, set for fourth straight weekly gain

Gold prices steady, set for fourth straight weekly gain

Fri, Jan 05, 2018

Gold prices held steady on Friday after hitting 3-1/2 month highs in the previous session, remaining on track for their fourth straight weekly gain.FUNDAMENTALS * Spot gold was mostly unchanged at $1,322.50 an ounce at 0102 GMT.=>

Global Markets: Asia shares eye all-time top amid global growth cheer

Global Markets: Asia shares eye all-time top amid global growth cheer

Wed, Jan 03, 2018

Asian stocks struck a decade peak on Wednesday as risk appetites were whetted by a bevy of upbeat manufacturing surveys that confirmed a synchronised upturn in world growth was well under way.

Oil gains on pipeline outage tempered by robust U.S. output

Oil gains on pipeline outage tempered by robust U.S. output

Mon, Dec 18, 2017

Oil prices edged higher on Monday, supported by a North Sea pipeline outage and a workers` strike in the Nigerian energy industry. Still, growth in U.S. crude output cast a shadow over the market and continued to cap gains.

Brent crude prices near 2015 high after North Sea pipeline disruption

Brent crude prices near 2015 high after North Sea pipeline disruption

Tue, Dec 12, 2017

Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipeline for repairs, knocking out significant supplies from a market that was already tightening due to OPEC-led production cuts.

Asia wagers global cheer will outlive Fed tightening

Asia wagers global cheer will outlive Fed tightening

Tue, Dec 12, 2017

Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week.

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Bitcoin futures make firm debut, dollar holds gains ahead of Fed meet

Mon, Dec 11, 2017

Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday`s Asian session on expectations the Federal Reserve will stick to its tightening path.

Asia stocks pressured by Wall Street losses, dollar sags

Asia stocks pressured by Wall Street losses, dollar sags

Wed, Dec 06, 2017

Asian stocks slipped on Wednesday, pressured by losses on Wall Street as the technology sector stuttered yet again after a brief rebound, while the dollar sagged on lower long-term U.S. yields.

Asian shares subdued as tech blues offset U.S. tax cut hopes

Asian shares subdued as tech blues offset U.S. tax cut hopes

Tue, Dec 05, 2017

Asian shares were subdued on Tuesday as investors` rotation out of technology shares took the toll on some of the region`s tech heavyweights although hopes of a major tax cut in the United States underpinned risk sentiment.

Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless

Global Markets: Dollar gains on U.S. tax cut progress; Asian shares listless

Mon, Dec 04, 2017

The U.S. dollar bounced to a two-week top on Monday and S&P futures rallied as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in the world`s largest economy.

Gold inches up as dollar weakens after US Senate tax bill stalls

Gold inches up as dollar weakens after US Senate tax bill stalls

Fri, Dec 01, 2017

Gold prices edged higher early Friday, after marking a 3-1/2 week low in the previous session, as the dollar weakened slightly after the progress on U.S. tax legislation hit a roadblock. FUNDAMENTALS

Oil prices fall on uncertainty over OPEC output cuts, pipeline restart

Oil prices fall on uncertainty over OPEC output cuts, pipeline restart

Tue, Nov 28, 2017

Oil prices slipped in early Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.

Global Markets: Asia stocks slip as China, S.Korea weakness weigh, euro hits 2-month high

Global Markets: Asia stocks slip as China, S.Korea weakness weigh, euro hits 2-month high

Mon, Nov 27, 2017

Asian stocks gave back earlier modest gains and fell back from a decade high on Monday, weighed by weakness in the Chinese and South Korean markets, while the euro reached a two-month top against the dollar.

Asia shares cautious as mood turns skittish

Asia shares cautious as mood turns skittish

Thu, Nov 16, 2017

Asian shares got off to a cautious start on Thursday after Wall Street stumbled despite upbeat U.S. economic news and the Treasury yield curve hit its flattest in a decade as investors priced in more U.S. rate hikes.

Strong rupee helps Indians buy homes in London for cheaper

Strong rupee helps Indians buy homes in London for cheaper

Thu, Aug 17, 2017

Indian luxury home buyers found it cheaper to buy homes in London than the previous year.

Rupee hits over 2-yr high, foreign lenders sell dollars

Rupee hits over 2-yr high, foreign lenders sell dollars

Wed, Aug 02, 2017

The Indian rupee strengthened to its highest in more than two years amid heavy selling of dollars by foreign banks, with the central bank decision to cut interest rates having only a limited impact, according to traders.

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Oil climbs for sixth day, near eight-week highs on U.S. crude stock declines

Fri, Jul 28, 2017

Oil prices extended a rally into a sixth day on Friday, hovering near 8-week highs on a decline in U.S. inventories and OPEC`s ongoing efforts to curb production to ease a global glut.

Global Markets: Ebbing risk appetite grounds Asian stocks, dollar sulks as euro strengthens

Global Markets: Ebbing risk appetite grounds Asian stocks, dollar sulks as euro strengthens

Mon, Jul 24, 2017

Asian stocks slipped on Monday as demand for riskier assets ebbed after recent strong gains, while the euro`s near-two-year high on the European Central Bank`s seeming lack of concern about its strength left the dollar languishing near a 13-month low.

Gold steady ahead of central bank meetings

Gold steady ahead of central bank meetings

Thu, Jul 20, 2017

Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. FUNDAMENTALS

Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike

Dollar capped after Yellen, Canadian dollar stands tall on BOC rate hike

Thu, Jul 13, 2017

The dollar was capped against a basket of currencies early on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near a 13-month high after its country`s central bank hiked interest rates for the first time since 201

Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike

Gold edges up ahead of Yellen testimony; Fed officials cautious on rate hike

Wed, Jul 12, 2017

Gold prices edged further away from a 4-month low on Wednesday, as investors awaited testimony from U.S. Federal Reserve Chair Janet Yellen and central bank officials expressed caution about further interest rate hikes. FUNDAMENTALS

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