Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand from Washington’s tariff threats and further signs of a U.S. economic slowdown outweighed supply concerns. The more active May Brent crude futures slipped 31 cents, or 0.4%, to $73.26 a barrel by 0348 […]
Most Asian currencies extended declines on Friday, as U.S. President Donald Trump reaffirmed his tariff timings, while the Japanese yen edged up after a strong inflation report from Tokyo. The US Dollar Index rose 0.1% in Asian trading, as market participants cautiously awaited the release of personal consumption expenditures (PCE) price index, due later in […]
Gold prices moved little in Asian trade on Wednesday after pulling back from recent record highs, although safe haven demand remained high in the face of uncertainty over U.S. trade tariffs and slowing growth. Copper prices, on the other hand, rose sharply as a major power outage in Chile- the world’s top copper producer- threatened […]
Oil prices rose marginally on Wednesday, bouncing off two-month lows hit in the prior session after an industry group reported U.S. crude stockpiles fell last week. Brent crude rose 20 cents, or 0.3%, to $73.22 a barrel by 0430 GMT. U.S. To $69.11, West Texas Intermediate crude oil futures gained 18 cents, or 0.3 percent. U.S. crude stocks […]
On Wednesday, the majority of Asian currencies traded within a narrow range after the U.S. The dollar fell to a 11-week low as concerns about a slowing U.S. economy grew, and President Donald Trump reiterated his threat of additional trade tariffs. Due to traders remaining largely risk-averse following Trump’s threats, regional currencies took little advantage […]
