Search Results for: Asian trade
Oil prices slip on profit-taking as investors await U.S. stockpile data
September 27th, 2016
Crude futures slipped in Asian trade on Tuesday as investors took profits after prices climbed more than 3 percent in the previous session. The dollar was also weighing on oil prices after rising against a basket of currencies, suggesting ...
Gold prices rise after Fed holds rates but high won’t last, says CEF CEO
September 22nd, 2016
Gold prices hit their highest level in 12 days after the Federal Reserveheld interest rates, but this rally may well be the last in the short-term, one gold pro says. Warren Gilman, chairman and CEO of CEF Holdings, the told CNBC’s “Squawk ...
Oil prices rise on trouble at Libya’s oil ports
September 19th, 2016
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia that until this month had controlled Libya’s oil ports for ...
Oil prices rebound on weaker dollar, supportive China manufacturing data
September 1st, 2016
Oil prices rose in Asian trade on Thursday as the U.S. dollar weakened, rebounding from a more than 3 percent drop in the previous session following surprisingly large builds in U.S. crude and distillate stockpiles last week. An unexpected ...
U.S. oil prices slide to near three-week low ahead of stockpile data
August 31st, 2016
U.S. oil prices slid to a near three-week low in early Asian trade Wednesday on expectations that U.S. crude stocks expanded last week, exacerbating the already oversupplied market. On the New York Mercantile Exchange, light, sweet crude futures for ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Japan stocks drop as oil prices slip
August 16th, 2016
Shares in Asia were mixed on Tuesday, with record gains in the U.S. market overnight offset by a dip in oil prices and a firmer yen. The Nikkei Stock Average NIK, -1.62% was down 1.1% in early morning trade, after flip-flopping ...
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
July 21st, 2016
The yen weakened against its rival currencies, hitting its six-week low against the dollar, during Asian trade on Thurdsay, on mounting hopes for strong policy steps Tokyo will likely put together later this month. The U.S. dollar USDJPY, +0.22% higher at ¥106.94, ...
Oil prices rise as market shrugs off Turkey coup bid
July 18th, 2016
Oil prices were virtually unchanged in choppy Asian trade on Monday following gains last week as traders shrugged off the impact of Friday’s attempted coup in Turkey, while upbeat economic data from the United States lent price support. Brent ...
Oil prices slump, gold rallies amid uncertainty over Brexit vote
June 24th, 2016
Oil and gold prices moved sharply in Asian trade on Friday as market sentiment swayed according to the results reported from the United Kingdom’s poll on its future in the European Union. With all 382 voting seats counted, the ...
