Day: January 14, 2019

Jan 14
Asia markets fall as investors react to Chinese trade data

Asia markets started the week low as major indexed in South Korea, China, Hong-Kong and Singapore tumbled. The market in Japan is closed for a public holiday. Chinese government showed the data exports and imports of December where fell unexpectedly, deepening concerns of a slowdown in the world’s second-largest economy as Beijing’s trade war with […]

Jan 14
Oil Prices Fall 1% on Weak China Trade Data

Oil prices fell 1% on Monday in Asia after China reported weakening imports and exports in the world’s second-largest crude oil consumer. Crude Oil WTI Futures was down 1.1%, at $51.02 a barrel on the New York Mercantile Exchange by 12:37 AM ET (05:37 GMT) while Brent Oil Futures for March delivery also shed 1.1% to $59.83. “Crude […]

Jan 14
Dollar steady; Aussie, kiwi lower on profit taking

The dollar rose against most of its peers on Monday, although heightened investor expectations that the Federal Reserve will not raise rates this year are most likely to cap the greenback’s gains. The Australian dollarAnd New Zealand dollar edged lower versus the dollar in early Asian trade, falling 0.2 percent and 0.1 percent, respectively. Both […]