English News
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Asia-Pacific stocks drop as China cuts benchmark lending rate for first time since April 2020; oil prices fall
KEY POINTS . Asia-Pacific stocks were lower on Monday . China on Monday announced a cut in its one-year loan…
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Aussie, pound struggles on Omicron, lockdown fears; yen shines
KEY POINTS The U.S. dollar index was at 96.544 at 1231 GMT, not far from last month’s peak of 96.938,…
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Gold holds steady as Omicron sours risk sentiment
KEY POINTS Spot gold was steady at $1,797.07 per ounce U.S. gold futures shed 0.4% to $1,798.00 . . Gold prices were steady…
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European markets close lower as omicron worries intensify; Stoxx 600 down 1.4%
KEY POINTS The possibility of tighter restrictions being imposed over the Christmas holidays and into the new year looms over…
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Oil prices head for weekly loss on Omicron uncertainty
Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases…
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Gold heads for first weekly gain in five on muted dollar, inflation woes
KEY POINTS Spot gold rose 0.7% to $1,812.03 per ounce by 8:18 a.m. ET, on course for about a 1.6%…
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Dollar struggles after central banks show their hands
The dollar remained under pressure on Friday at the end of a week in which major central banks…
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Major indexes in China and India down more than 1% each
KEY POINTS Overnight, the Bank of England hiked interest rates on Thursday for the first time since the pandemic started…
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European stocks close lower as omicron, inflation worries weigh on sentiment
KEY POINTS The omicron variant is spreading at an alarming rate, with countries across Europe implementing containment measures in a…
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Gold benefits from dollar easing after Fed meeting
Gold was boosted on Thursday by a fall in the U.S. dollar, after the Federal Reserve decided to end its…
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Sterling jumps to December high vs dollar after BoE raises rates
Sterling jumped on Thursday after the Bank of England hiked interest rates but erased most of its gains…
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Oil hits $75 as U.S. demand and Fed outweigh virus concern
Oil nudged above $75 a barrel on Thursday, supported by record U.S. implied demand and falling crude stockpiles,…
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