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Gold prices climbed to a one-month high in Asian trading on Thursday, supported by a decline in the dollar and Treasury yields after softer consumer inflation data fueled expectations of interest rate cuts this year. The precious metal approached $2,700 per ounce for the first time since early December, amid…

Oil prices rose for a second consecutive session on Thursday, bolstered by concerns over supply disruptions stemming from U.S. sanctions on Russia, a sharper-than-expected decline in U.S. crude oil inventories, and an improving outlook for global demand. By 0446 GMT, Brent crude futures increased by 25 cents, or 0.3%, to…

The U.S. dollar eased on Wednesday as traders exercised caution ahead of a key U.S. consumer price report, while sterling slipped following a mild inflation reading in the UK. At 04:45 ET (09:45 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, fell 0.2%…

Bitcoin Extends Rally Amid Bullish Sentiment and Whale Activity Bitcoin continued its upward trajectory on Wednesday following a sharp rebound in previous sessions, bolstered by a bullish outlook for the cryptocurrency. Investors appeared unfazed by concerns over U.S. interest rates ahead of the release of inflation data. As of 01:50…

Oil Prices Steady as Markets Eye U.S. Inflation Data Oil prices remained largely unchanged during Asian trading on Wednesday, with traders exercising caution ahead of a key U.S. inflation report. Prices continued to hover near a four-month high. As of 20:58 ET (01:58 GMT), Brent Oil Futures were flat at…

Asian Currencies Range-Bound as Dollar Eases Ahead of CPI Data Most Asian currencies traded within a narrow range on Wednesday, while the dollar retreated from over two-year highs as markets awaited key U.S. consumer inflation data, which could influence future interest rate decisions. Investor focus remained on U.S. President Donald…

Investors flocked to global money market funds during the week ending January 8, driven by concerns over potential tariff hikes linked to the upcoming U.S. administration change and caution ahead of a key jobs report that could influence expectations for Federal Reserve rate cuts. LSEG Lipper data shows that investors…

The dollar remained stable in Asia on Friday and appeared poised to extend its longest winning streak in over a year, supported by rising bond yields and expectations of another strong U.S. jobs report. This week, the dollar gained 0.5% against the yen, reaching 158.405 yen, and nearly 1% against…

Oil prices increased in early Asian trading and are on track for a third consecutive week of gains, driven by rising fuel demand for heating due to cold weather in parts of the United States and Europe. Brent crude futures rose by 40 cents, or 0.5%, to $77.32 a barrel…

Asian Currencies Slide as Dollar Holds Near 2-Year High Ahead of Payrolls Data Most Asian currencies weakened on Friday as the dollar remained near its strongest level in over two years, with traders anticipating a potentially robust nonfarm payrolls report due later in the day. Weak Chinese Data and BOJ…