English News

Oil prices climb as worries over fuel demand recede

      Oil prices extended gains on Tuesday with prices trading near the previous day’s one-month high on hopes that the omicron coronavirus variant will have a limited impact on fuel demand Brent crude rose $1.13, or 1.4%, to $79.73 per barrel. U.S. West Texas Intermediate (WTI) crude rose $1.24, or 1.6%, to $76.80 a barrel, …

Oil prices climb as worries over fuel demand recede قراءة المزيد »

Safe-haven yen sinks to one-month low as Omicron worries ebb

KEY POINTS The Japanese currency weakened as far as 114.935 yen per dollar for the first time since Nov. 26, approaching the year-to-date low of 115.525 reached Nov. 24 . . The S&P 500 ended at a record high on Monday after strong U.S. retail sales data eased worries from the highly infectious Omicron coronavirus …

Safe-haven yen sinks to one-month low as Omicron worries ebb قراءة المزيد »

European markets trade higher amid holiday-thinned trade

KEY POINTS European stocks traded higher on Tuesday as holiday-thinned trade continues in the region Markets in the U.K. and Ireland remain closed on Tuesday . . LONDON – European stocks traded higher on Tuesday as holiday-thinned trade continues in the region The pan-European Stoxx 600 index was almost 0.7% higher around midday with all sectors …

European markets trade higher amid holiday-thinned trade قراءة المزيد »

European markets finish mixed ahead of the holiday weekend

KEY POINTS London’s FTSE 100 ended the day up 0.2%, while the French CAC finished 0.3% lower Markets in Germany, Italy and Switzerland were closed to mark the Christmas holiday It comes as market players juggle concerns over coronavirus restrictions and tighter central bank policy with signs that the heavily mutated omicron strain of the …

European markets finish mixed ahead of the holiday weekend قراءة المزيد »

Asia-Pacific stocks mixed as multiple regional markets are closed for Christmas holidays

KEY POINTS Shares in Asia were mixed on Monday China’s industrial profits in November jumped 9% from last year, data released by China’s National Bureau of Statistics showed Major markets in Asia-Pacific such as Australia and Hong Kong were closed for the Christmas holidays . . . SINGAPORE — Shares in Asia-Pacific were mixed on …

Asia-Pacific stocks mixed as multiple regional markets are closed for Christmas holidays قراءة المزيد »

Gold hovers near 1-week high as Omicron unease offsets firmer dollar

KEY POINTS Spot gold was up 0.1% at $1,809.67 an ounce by 12:34 EDT, maintaining above the key $1,800 level reached last week U.S. gold futures gained 0.1% to $1,810.60 per ounce . . Gold prices reversed course to approach a one-week peak on Monday, as renewed risks to global economic growth from rising cases …

Gold hovers near 1-week high as Omicron unease offsets firmer dollar قراءة المزيد »

Asia-Pacific stocks mixed as some markets close early for Christmas Eve

KEY POINTS Shares in Asia-Pacific were mixed on Friday Some markets in Asia-Pacific, including Hong Kong and Singapore, closed early on Friday due to Christmas Eve Overnight stateside, the S&P 500 rose 0.62% to a close at a new record of 4,725.79 . . SINGAPORE — Shares in Asia-Pacific were mixed on Friday as some …

Asia-Pacific stocks mixed as some markets close early for Christmas Eve قراءة المزيد »

European markets finish mixed ahead of the holiday weekend

KEY POINTS London’s FTSE 100 ended the day up 0.2%, while the French CAC finished 0.3% lower Markets in Germany, Italy and Switzerland were closed to mark the Christmas holiday It comes as market players juggle concerns over coronavirus restrictions and tighter central bank policy with signs that the heavily mutated omicron strain of the …

European markets finish mixed ahead of the holiday weekend قراءة المزيد »

Asia-Pacific markets rise; JD shares in Hong Kong plunge 7% after Tencent says it will reduce stake

KEY POINTS Asia-Pacific markets rose in Thursday trade, seeing a continued rebound from fears over the omicron Covid variant . Hong Kong-listed shares of Chinese e-commerce titan JD.com plunged 7.02% while Tencent surged 4.24%. Those moves came after Tencent announced it will distribute majority of its shares in JD.com to its shareholders . Investors watched …

Asia-Pacific markets rise; JD shares in Hong Kong plunge 7% after Tencent says it will reduce stake قراءة المزيد »

Dollar firm but risk-sensitive currencies also rise

    The dollar edged higher against a basket of currencies on Thursday, but its gains were capped as easing fears of fallout from the Omicron coronavirus variant supported higher risk currencies such as the Australian dollar and British pound Ahead of the holidays and extended long weekend in the United States, most major currency …

Dollar firm but risk-sensitive currencies also rise قراءة المزيد »

Scroll to Top