Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...
Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...
Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP
Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession. Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT. U.S. gold futures also fell 0.5% to $1,516.80 an ounce. The dollar index, against a basket of six major currencies, hovered near a two-week high reached on Friday, making greenback-denominated gold costlier for investors holding other...
Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP
U.S. stock markets on Tuesday opened modestly higher as investors wrestled with trade wars and political clashes in Hong Kong and worries about Sino-American trade.
The Dow Jones Industrial Average traded 45 points, or 0.2%, higher at 25,950, after tumbling more than 390 points on Monday. The S&P 500 index rose 0.3% to 2,892, while the Nasdaq Composite Index advanced 0.5% to 7,900.
A selloff in Hong Kong stocks accelerated, with the Hang Seng Index falling 2.1% amid continued unrest. Protesters thronged Hong Kong International Airport for a second day in a row Tuesday and have been protesting for the past 10 weeks, amid calls for an independent inquiry into alleged police abuses.
In economic news, the consumer-price index, a key measure of inflation, rose a seasonally adjusted 0.3% last month from June and 1.8% from July 2018, the Labor Department said. Economists had expected a rise 0.3% on the month.
Source : MarketWatch
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recession. Equities also got a boost after the U.S. agreed to extend a temporary reprieve to Chinese telecom gi...
European stocks rose on Monday as hopes emerged for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 closed up more than 1% t...
U.S. stocks opened higher, putting key equity benchmarks on course for a third straight positive session, after reports that Germany was open to the use of deficit spending in the event of a recession...
U.S. stock index futures point to a higher open on Monday morning. At around 04:39 a.m. ET, Dow futures rose 198 points, indicating a positive open of more than 224.99 points. Futures on the S&P ...
Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade talks by Donald Trump's top trade adviser. The Hang...
Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...
Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...
Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP
Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession. Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT. U.S. gold futures also fell 0.5% to $1,516.80 an ounce. The dollar index, against a basket of six major currencies, hovered near a two-week high reached on Friday, making greenback-denominated gold costlier for investors holding other...
Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP