Oil falls on caution ahead of economic data, offsets trade deal optimism

Oil prices eased on Monday as traders took profit ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that…

November 4, 2019

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Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output

Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand. U.S. crude Clc1 surfaced…

November 1, 2019

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U.S. Fed cuts interest rates, signals it is on hold

The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world,…

October 31, 2019

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Global share rally pauses on trade risks ahead of Fed

A rally in global shares stalled, with Asian markets stuck in tight ranges early on Wednesday, as the prospect of a rate cut by the Federal Reserve was…

October 30, 2019

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U.S.-China trade deal hopes drive European shares to 21-month high

European shares touched their highest level since January 2018 on Monday, boosted by carmakers and miners on hopes that the United States and China were closer to getting…

October 29, 2019

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Oil holds steady as Russia reaffirms commitment to output cuts

Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in…

October 28, 2019

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U.S. business investment still weak; jobless claims fall

New orders for key U.S.-made capital goods fell more than expected in September and shipments also declined, a sign that business investment remains soft amid the fallout from…

October 25, 2019

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Japan factory activity shrinks at quickest pace since 2016 in October – flash PMI

Japanese factory activity shrank at the fastest pace in over three years in October, largely hurt by slumping new orders and output, in yet another sign of broadening…

October 24, 2019

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U.S. existing home sales drop more than expected in September

U.S. home sales fell more than expected in September as the market continues to struggle with a dearth of properties for sale, especially for cheaper homes. The National…

October 23, 2019

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