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Day: June 12, 2019

Jun 12
Asian Share Markets declined as U.S. and European futures slid

Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there. Asian Share Markets MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.6% […]

Jun 12
Oil prices fell more than 1% on weaker oil demand growth

Oil prices fell more than 1% on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts. Brent crude futures, the international benchmark for oil prices, were down 87 cents, or 1.4%, at $61.42 a barrel by 0231 GMT. U.S. West Texas Intermediate (WTI) crude futures […]

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