English News
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High oil prices boost commodity currencies while dollar rally stalls
KEY POINTS The Aussie firmed 0.3%, extending advances from the previous day, and the Canadian dollar was heading back towards…
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Oil prices slip from 2014 highs, supply concerns limit losses
Oil slipped on Thursday as investors took profits after a recent price rally, but strong demand and…
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Gold holds around 2-month peaks as firmer U.S. yields weigh
KEY POINTS Spot gold was flat at $1,839.36 per ounce as of 0031 GMT, steadying near its highest since Nov.…
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Hong Kong’s Hang Seng jumps 3% as China cuts key lending rates; property, tech stocks soar
KEY POINTS China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR was…
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European markets choppy as investors monitor inflation, bond yields; Soitec falls 15%
KEY POINTS Global markets have been focused on rising U.S. bond yields and earnings this week Inflation concerns have dominated…
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Gold off one-week lows, U.S. rate hike bets cap gains
Gold edged up on Wednesday, but moves were fairly contained as the market looked to U.S. Federal…
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Oil rises to 7-year high as Turkey outage adds to tight supply outlook
Oil prices rose for a fourth day to a seven-year high as an outage on a pipeline from…
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Dollar holds near weekly high, sterling rises after inflation data
The dollar held near a weekly high on Wednesday after a surge in U.S. yields resulted in…
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Asia-Pacific markets fall after overnight sell-off on Wall Street; Sony shares tumble over 12%
KEY POINTS Asia-Pacific markets fell on Wednesday following an overnight sell-off on Wall Street . Oil prices hit a seven-year…
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European markets choppy after Wall Street sell-off; Bond yields, earnings watched
KEY POINTS The cautious trade in Europe comes after a sell-off on Wall Street triggered by surging bond yields sent…
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Higher U.S. yields support dollar; yen slips after BoJ meeting
A jump in U.S. Treasury yields pushed the dollar index to a six-day high on Tuesday, while Japan’s yen…
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Global benchmark Brent climbs to more than 7-year high on Middle East tensions
KEY POINTS Brent crude futures rose 85 cents, or 1%, to $87.33 a barrel by 0525 GMT, after earlier hitting…
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