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Asian stocks fell in thin holiday trade on Friday after Apple Inc. and Amazon.com Inc. warned of uncertainty ahead due to the coronavirus pandemic. Asian Stocks Markets in South Korea, China, India, Singapore, Taiwan, Hong Kong, Indonesia, Malaysia and Thailand were closed for holidays. Japanese shares fell from a near eight-week high, with chip-related firms […]
Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to override data showing the U.S. economy had logged its worst quarterly performance since 2009. Asian Shares Japan’s benchmark Nikkei 225 surged 2.6% in morning trading to 20,277.56. […]
Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up. West Texas Intermediate (WTI) crude futures climbed to a high of $17.75 a barrel and were up 9.2%, or $1.39, at $16.45 at […]
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 […]