Oil stable on trade talk optimism and OPEC cuts, but slowdown looms
International Brent crude futures were at $57.43 per barrel at 0218 GMT, up 10 cents, or 0.1 percent from their last close
Gold up as U.S. Fed stance pricks dollar, stocks rally cap gains
Spot gold was up 0.3 percent at $1,288.60 per ounce, as of 0306 GMT and U.S. gold futures gained about 0.4 percent to $1,290.70 per ounce
Dollar slips on Powell views; optimism on trade talks aids Aussie dollar
The dollar index, a gauge of its value versus six major peers, stood at 95.96 at 0406 GMT Monday, down 0.2 percent from an intraday high of 96.16
Japan rebounds, Asia jumps on US data as trade talks begin
Japan’s benchmark, bouncing back from steep losses last week, started the day trading over 3 percent higher
Oil prices rise more than 1% on trade talks, supply cuts
Financial markets were being lifted early on Monday on expectations that face-to-face trade negotiations between delegates from Washington and Beijing, due to start on Monday, would lead to an easing in tensions between the two biggest economies in the world
Iran says despite U.S. sanctions, it has found new ‘potential’ oil buyers
Washington seeks to bring Iranian oil exports to zero in order to curb Tehran’s missile and nuclear programs and counter its growing military and political influence in the Middle East
Oil and LNG imports decline 11% YoY in December
During the first half (July-December) of the financial year 2018-19, imports declined by 17% YoY excluding LNG (-29% YoY)
Asian stocks skid after weak China factory readings
The Shanghai Composite Index lost 1.1 percent to 2,465.29 and Hong Kong’s Hang Seng fell 2.6 percent to 25,161.03
Oil opens 2019 with losses on surging supply, signs of economic slowdown
International Brent crude futures for March were at $53.27 per barrel at 0421 GMT, down 53 cents, or 1 percent, from their final close of 2018
Russia’s energy minister sees oil prices stabilizing in first-half 2019
Novak also said there were no proposals for an extraordinary meeting with OPEC, and he attributed the fall in oil prices to macroeconomic factors
Japan stocks plunge, other Asia markets fall after US losses
The Nikkei 225 fell by an unusually wide margin of 4.8 percent to 19,189.00 and Shanghai Composite Index lost 2.3 percent to 2,469.28
Markets far from merry as stock losses extend into seventh day
MSCI’s world equity index, which tracks shares in 47 countries, was 0.15 percent lower on the day and down almost 7 percent in the past seven sessions — its worst stretch of daily losses since January 2016
Gold rises as U.S. political uncertainty breeds risk-aversion
Spot gold was up 0.6 percent at $1,263.91 per ounce as of 0458 GMT. The metal had hit its highest since early July at $1,266.40 on Thursday
Asian shares mixed on US partial shutdown, Wall Street slump
South Korea’s Kospi dropped 0.2 percent to 2,058.19 while the Shanghai Composite index rose 0.1 percent to 2,519.71
Oil dips on oversupply concerns ahead of Christmas holidays
International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT