New Zealand Dollar Falls to a Two-Month Low
The New Zealand dollar fell to $0.6041 against the US dollar on Wednesday 16 December, its lowest point since 19 August. Earlier in the day,...
Category : WORLD
Russia Economy Could Suffer Due to Saudi Arabia
Russia’s wartime economy may struggle to maintain necessary oil revenue if Saudi Arabia significantly lowers global crude prices. Reports suggest the kingdom has indicated that...
Chinese Investors Expect USD 283 Billion of New Stimulus: Report
Economists, strategists and fund managers expect new fiscal stimulus if Finance Minister of China Lan Fo’an does not disclose it in China on Saturday, it...
Dollar Hits 10-week High Against Yen as Fed Bets ebb Ahead of CPI: Report
On Thursday, the value of the U.S. dollar compared to the Japanese yen reached its highest point in 10 weeks before decreasing as investors gained...
Asian Stocks Advance After Tech Lifts Wall Street
Asian equities climbed following a tech rally in Wall Street and expectations of Federal Reserve rate cuts. Chipmakers like Nvidia Corp. led market gains with...
Asian Shares Gain as US Jobs Reports Boost Sentiments
The Asian stock market grew after a more robust than-expected US jobs report, highlighting that the largest economy in the world is still strong, which...
Labour Strikes and Storm-Related Disruptions Causes Unemployment Claims to Rise
The number of growing Americans who are filing for unemployment benefits has seen a steady increase during last week. According to the latest reports from...
Oil Steadies as Mideast Tensions Vie With Libyan Supply Outlook
Brent for December traded near USD 72 a barrel after closing slightly higher on Monday, with West Texas Intermediate surpassing USD 68. Israel’s military announced...
Japanese Stocks Dropped on Interest Rate Hike Worries
Japanese stocks dropped on Monday due to expectations of further central bank interest rate hikes following the ruling party elections. Iron ore prices rose after...
Oil Heads for Deep Weekly Loss on Prospects for Jump in Supply
Brent crude approached the USD 71 per barrel mark and is down by more than 4% for the week, while West Texas Intermediate is trading...