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Asian shares were cautiously higher on Wednesday as investors paused ahead of the US Federal Reserve’s policy decision while oil prices jumped on hopes demand will pick up as many countries lift some of the coronavirus-related restrictions. Asian Shares “The market narrative remained centered around recent competing themes with stimulus and reopening flagged as large […]
Gold was up in Asia on Wednesday morning, adding to its gains from the previous session. Gold futures were up 0.22% to $1,726 by 12:16 PM ET (5:16 AM GMT). They gained 0.10% during the previous session. The anticipation from a U.S. Federal Reserve meeting scheduled for later in the day. This has boosted investors’ confidence as well as this has increased confidence level as asian stocks gain and the dollar retreat. The […]
U.S. oil prices jumped on Wednesday, trimming some of this week’s losses, after U.S. stockpiles rose less than expected and on expectations demand will increase as some European countries and U.S. cities moved to ease coronavirus lockdowns. U.S. West Texas Intermediate (WTI) crude (CLc1) futures climbed to a high of $14.40 a barrel and were […]
European shares and Asian stocks on Tuesday as governments contemplated reopening their economies and the earnings season gathered pace. Crude oil extended its plunge, and the dollar weakened. Elsewhere, shares in Japan finished slightly higher and those in Australia edged down while South Korean and Hong Kong equities climbed in a choppy Asian session. Stocks […]
Global stocks climbed after new stimulus measures from Japan’s central bank highlighted the lengths policymakers are willing to go in a bid to shore up the world economy. Global Stocks The Stoxx 600, Europe’s composite index, rose 1.7 per cent in early Monday trading. London’s FTSE 100 gained 1.7 per cent. Frankfurt’s Dax rose 2.4 […]
Asian shares and U.S. stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat COVID-19 and new evidence of U.S. economic damage caused by the coronavirus pandemic. Stocks Futures on the S&P 500 fell 0.5% as of 1:08 p.m. in Tokyo. The S&P 500 closed little changed on […]