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Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month. Global shares MSCI’s broadest index of Asia-Pacific shares added over 8 percent. In February, the index rose 1.3 percent. The pan-European STOXX 600 index was up 0.4 percent. E-mini futures for the S&P 500 index of […]

Crude prices were higher on Monday after news that the U.S. and China could be close to a trade deal and signs that American oil rigs are slowing production. West Texas Intermediate crude futures rose 47 cents, or 0.84%, at $56.27 a barrel. Brent crude futures, the benchmark for oil prices outside the U.S., traded up 55 cents, […]

Asian markets rose on Friday, driven by a rally in Chinese markets after index publisher MSCI announced it would boost the proportion of mainland shares in its global benchmarks, while strong U.S. economic data helped the dollar higher. Asian markets South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan up more than 0.3 […]

The dollar hovered near a 10-week high against the yen on Friday, thanks to a surge in Treasury yields after U.S. gross domestic product data topped expectations. U.S dollar was slightly higher at 111.445 yen and within striking distance of 111.495. It’s since Dec. 20 brushed overnight. The dollar index against a basket of six major currencies […]

Asian stocks struggled for traction on Thursday after cautious comments from U.S. Trade Representative Robert Lighthizer deflated some optimism that China and the United States were closing in on a trade deal. Asian Stocks South Korea’s KOSPI shed 0.25 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan slipped in and out of the red. The Shanghai Composite […]

Asian shares inched towards a five-month high on Wednesday and the dollar hovered near a three-week low after Federal Reserve Chairman Jerome Powell reinforced the U.S. central bank’s shift to a more “patient” approach on policy in the face of a slowing economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan advanced nearly 0.2 […]