Gold prices fall, as dollar strengthens
The dollar strengthened against a basket of currencies and extended its gains against the yen to hit a fresh six-week high of 111.06 yen, supported by the relative strength of the U.S. economy and on prospects of further rate hikes from the Federal Reserve
Asian stocks fall on weak data ahead of US-China tariffs
Japan’s benchmark Nikkei 225 index lost 1.3 percent to 22,019.07 and South Korea’s Kospi shed 1.6 percent to 2,290.35
Oil plunges 1 percent amid Asian economic slowdown
Brent crude oil futures were at $78.16 per barrel at 0316 GMT, down $1.07, or 1.35 percent, from their last close
Asian stocks higher, as trade conflict uncertainty weighs in
Japan’s benchmark Nikkei 225-edged 0.1 percent higher to 22,296.69, while Australia’s S&P/ASX 200 was virtually unchanged at 6,217.00.
Oil dips as trade dispute threatens growth
Traders worry that escalating tariffs on export goods, including U.S. crude oil, will stall trading and eventually choke world economic growth.
Asian stock markets mixed over confusing US trade stance
Japan’s benchmark Nikkei 225 index dropped 0.4 percent to 22,177.58 and South Korea’s Kospi lost 0.6 percent to 2,327.22
Oil dips but markets remain tight due to disruptions, record demand
Oil prices have been rallying for much of 2018 on tightening market conditions due to record demand and voluntary supply cuts led by the Middle East dominated producer cartel of the Organization of the Petroleum Exporting Countries (OPEC)
Gold prices dip amid firm dollar; trade tensions limit downside
Spot gold was 0.1 percent lower at $1,267.23 an ounce as of 0432 GMT, while U.S. gold futures were down 0.2 percent at $1,268.80 per ounce
Asian stock markets fall after China move
The Shanghai Composite Index fell 0.2 percent to 2,883.20 and Tokyo’s Nikkei 225 lost 0.5 percent to 22,409.55
Oil prices fall 1.5 percent on OPEC’s deal to raise output
Brent crude futures were at $74.22 per barrel at 0455 GMT, down 1.8 percent from their last close
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
The United States, China and India had urged oil producers to release more supply to prevent an oil deficit that could undermine global economic growth
Asian stocks rise in midst of US-China trade tensions
apan’s benchmark Nikkei 225 index rose 0.8 percent to 22,734.28, but South Korea’s Kospi edged down by 0.2 percent to 2,360.25
Oil prices dip as Iran signals support for OPEC production increase
Brent crude futures were at $74.33 per barrel at 0426 GMT, down 41 cents, or 0.55 percent, from their last close
Rupee devaluation pushes steel prices to record highs
Due to continuing depreciation of the rupee against the greenback in inter-bank and kerb market, the rise in steel prices was expected
CGT collection plunges 52 percent in July-May FY18
CGT amounted to Rs6.2 billion during July-May FY18 against Rs12.76 billion in the corresponding period of last financial year