Gold prices steady below record highs with tariff fears, econ. data in focus

Gold prices rose slightly in Asian trade on Tuesday, remaining pinned below recent record highs amid easing concerns over the severity of U.S. President Donald Trump’s planned trade tariffs. But haven demand still remained relatively high amid uncertainty over just what tariffs will be imposed on Trump’s April 2 deadline. Investors were also cautious before […]

Oil steady as investors weigh impact of Trump tariffs

Oil prices were little changed on Tuesday as markets weighed the impact of newly announced U.S. tariffs on countries that buy Venezuelan oil and the uncertain outlook for global demand. Brent crude futures were up 1 cent at $73.01 a barrel by 0424 GMT. U.S. West Texas Intermediate crude dipped 1 cent to $69.10. Both […]

Asia FX muted as firm dollar, tariff risks weigh; rupiah hits 1998 crisis level

The dollar stabilized on Tuesday after four consecutive gains, while the Indonesian rupiah fell to its lowest level since the Asian financial crisis of 1998, weighed down by concerns about the country’s fiscal stability and economic growth. The majority of Asian currencies remained subdued on Tuesday. The US Dollar Index, which measures the greenback against […]

Oil slips as investors monitor Russia-Ukraine ceasefire talks

Oil prices slipped on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets. Brent crude futures were down 25 cents, or 0.4%, at $71.91 a barrel by 0409 GMT. U.S. West Texas Intermediate crude fell 20 cents, […]

Asia FX eases ahead of Trump tariffs; baht slumps as PM faces no-confidence vote

Most Asian currencies edged lower on Monday as the dollar remained firm ahead of fresh U.S. tariffs, while the Thai baht fell sharply on a no-confidence motion vote against the country’s prime minister, set to begin later in the day. The US Dollar Index, which measures the greenback against a basket of major currencies, edged […]

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