Oil Slips Amid Stronger Dollar, U.S. Fuel Stocks Build
Oil edged lower in early trade after falling more than 1% in the previous session due to a stronger dollar and a rise in U.S. fuel stockpiles.
Surge in U.K. Gilt Yields Continues, Raising Concern as Sterling Falls
Gilt yields continued to rise, more than other bond yields at the same time as sterling has fallen, and if the current moves continue, it could p…
Gold Rises Amid Growing Uncertainties
Gold prices edged higher in early trade despite a stronger dollar, with investors seeking safe-haven assets as market uncertainties grow.
Dollar Likely to Stay Firm on Prospect of Slower Rate Cuts
The dollar rose against a basket of currencies and was likely to remain firm after the minutes of the Fed’s latest meeting confirmed its more c…
Hong Kong Shares Edge 0.2% Lower as Markets Digest China’s CPI Data
The Hang Seng closed 0.2% lower as investors digested China’s inflation figures, with the reaction seen in Chinese equities suggesting market p…
Sterling Falls Sharply as Fiscal Concerns Weigh
Sterling fell to a one-year low against the dollar and a two-month low versus the euro on heightened fiscal concerns following a sharp selloff in…
Eurozone Bond Yields Edge Higher, Significant Supply Looms
Eurozone government bond yields rise but at a slower pace than Wednesday, while significant supply is awaited.
New Zealand Shares Close Lower as Healthcare, Utility Stocks Fall
New Zealand’s S&P/NZX 50 finished the day 0.8% lower at 12943.74, with healthcare and utility stocks leading declines.
Blackstone Invests in AI Data Company at a $5 Billion Valuation
DDN attracts a $300 million infusion from the private-equity firm.
Singapore Dollar Steady; Trump’s Potential Tariffs May Weigh
The Singapore dollar was steady against its U.S. counterpart in the Asian session but could be weighed by U.S. President-elect Trump’s potentia…