Tag: cent
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Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge
LONDON, Oct 12 : The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest rates.Oil prices were volatile after Yemen’s Iran-backed Houthis stepped up
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Shares seesaw in Asia as earnings loom, oil skids
SYDNEY, Oct 12 : Stock markets got off to an erratic start on Monday as earnings season loomed, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.While the conflict in the Gulf continued with strikes on shipping and airports, President Donald Trump’s announcement of
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Shares cautious in Asia as earnings loom, oil slips
SYDNEY, Oct 12 : Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf.There was considerable confusion about President Donald Trump’s announcement of an energy cea
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Euro falls, set for fifth straight weekly drop as oil prices rise
NEW YORK, Oct 9 : The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France’s beleaguered bond market steadied. The euro zone’s currency hit a 17-month low of $1.1161 on Monday as investors wor
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Euro falls as oil moves off lows, set for fifth straight weekly drop
NEW YORK, Oct 9 : The euro was headed for a fifth straight weekly drop on Friday, with early gains fading as oil prices recovered from earlier lows, but recent selling pressure eased as France’s beleaguered bond market steadied. The euro zone’s currency hit a 17-month low of $1.1161 on Monday as investors w
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China Golden Week spending per trip hits four-year low amid overseas travel jump
Average spending per domestic trip during the seven-day holiday fell 1.9 per cent to 893.92 yuan (US$133.51), the lowest since 2022.
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AI-centered US stock bull market nears four-year anniversary
NEW YORK, Oct 9 : The US bull market is going strong as it nears its four-year anniversary, driven by an AI spending engine that is propelling corporate profits and economic growth.The S&P 500 is trading around record-high levels ahead of October 12, which will mark four years since the benchmark stock index
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Shares slip as oil spikes and bond bashing rumbles on
BOSTON/LONDON/SYDNEY, Oct 8 : Global shares slid on Thursday as strains in sovereign bond markets were aggravated by a jump in oil prices and reports that some major tech firms were seeking to raise billions in debt in direct competition for limited funding.Wall Street got off to a bumpy start, with the S&P 5
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