Oil headed for the biggest weekly gain since April as Russia signaled it would extend export curbs and China fired another salvo of state support to bolster the economy in the world’s largest crude importer. West Texas Intermediate was up for a seventh day near $84 a barrel, which would...
Stock futures were higher Friday morning as investors came off a mixed trading session and closed out a month that saw losses for all three stock indexes. Futures tied to the Dow Jones Industrial Average added 87 points, or 0.25%. S&P 500 futures rose 0.24%, while...
The U.S. dollar edged lower in early European trade Friday, on course to end a six-week winning streak ahead of the release of the highly-anticipated monthly U.S. jobs report. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six...
European stocks were little changed as investors await readings of a key US jobs data to get clues on the Federal Reserve’s policy outlook. The Stoxx Europe 600 Index was steady as of 8:05 a.m. in London, and on track for its best weekly gain since mid-July. Energy...
Oil headed for a weekly gain after Russia signaled that it would extend export curbs and US inventories dropped further. West Texas Intermediate was steady above $83 a barrel, almost 5% higher this week. Moscow has agreed with OPEC+ partners on further cuts to exports, with details to be...
Hong Kong shares shot higher at the start of trade Wednesday following another strong day on Wall Street fuelled by data that eased concerns about another Federal Reserve interest rate hike. The Hang Seng Index jumped 0.95 percent, or 175.93 points, to 18,659.96. The Shanghai Composite Index...
According to the latest data published by the Australian Bureau of Statistics (ABS) on Wednesday, Australia’s monthly Consumer Price Index (CPI) rose 4.9% in the year to July 2023, as against the annual increase of 5.4% seen in June. The market had expected an increase of...
Oil advanced for a fifth day on signs of another substantial draw in US inventories and a buoyant mood across wider markets. West Texas Intermediate rose above $81 a barrel, on course for the longest winning streak since March. US stockpiles tumbled by 11.5 million barrels, according to...
Gold was steady after jumping to the highest in three weeks on speculation that the Federal Reserve is nearing the end of its tightening campaign. Treasury yields slumped to the lowest levels in more than a week after data on Tuesday showed US job openings fell by more than...
The dollar was tentative on Tuesday as traders resisted placing large bets ahead of a slew of economic data this week, while the yen struggled near levels that triggered intervention last year. The dollar index, which measures U.S. currency against six key rivals, eased 0.077% at...