The USD/JPY pair trades little positive to 108.60 by the time Tokyo markets open on Monday.
Even though lack of fresh developments concerning the US-China trade tussle and absence of major data confined market moves at the week™s start, the US Dollar (USD) pullback pleased buyers of ex-greenback majors during early Monday.
India recently became the second Asian country, other than China, to levy tariffs on the US goods. The democratic country announced tariffs on 28 items from the US to...
Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank meetings this week.
The benchmark Nikkei 225 index edged down 0.06 percent or 12.64 points to 21,104.25 in early trade, while the broader Topix index was down 0.24 percent or 3.75 points at 1,542.96.
Source : AFP
Gold dropped after hitting a 14-month high on Friday as upbeat economic data at the end of last week suggested that there wasn™t an urgent need for the Federal Reserve to cut interest rates.
Spot gold as much as -0.4% to $1,336.26/oz, and traded at $1,340.08 at 9:19am in Singapore. Prices rose to $1,358.26 on Friday, highest level since April 2018. Bloomberg Dollar Spot Index steady after +0.4% Friday.
U.S. stores and factories reported a pickup in activity...
Japanese share prices ticked up on Monday, erasing initial losses, after Hong Kong shares gained after Hong Kong™s leader indefinitely delayed an unpopular extradition bill that would allow citizens to be sent to mainland China for trial.
Still, uncertainties over the global economy, U.S.-China trade frictions and the U.S. Federal Reserve™s policy stance kept many investors on sidelines.
Japan™s Nikkei share average rose 0.11% to 21,140 but the broader Topix was down 0.24% at...
Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks on tankers last week.
Brent futures rose 27 cents, 0.4% to $62.28 a barrel by 0040 GMT. They rose 1.1% on Friday.
U.S. West Texas Intermediate (WTI) crude futures were up 18 cents, or 0.4%, at $52.69 a barrel. They rose 0.4% in the previous session.
Prices had jumped as much as 4.5% on...