Oil cools off highs as leaders' comments reignite Covid fears NEW YORK: Oil prices pulled back from multi-year highs on Friday, as Germany's chancellor and the US Federal Reserve... Published 23 Oct, 2021 04:01am
Markets Gold edges down as rising US bond yields weigh Gold prices edged lower in choppy trading on Thursday, pressured by rising US bond yields that countered support ... Published 22 Oct, 2021 12:16am
Markets US yields extend rise after soft 20-year auction; curve steepens for 2nd day NEW YORK: US long-dated Treasury yields rose on Wednesday, after a weak auction of 20-year notes, with the yield... Published 21 Oct, 2021 12:00am
Markets Gold pressured by rising US Treasury yields Gold edged lower on Monday as a rise in US Treasury yields dented its appeal, although a risk-off sentiment in wider... Published 19 Oct, 2021 12:53am
Business & Finance Dollar rally pauses as risk appetite improves NEW YORK: The dollar edged down against major peers on Thursday, touching a 10-day low as rising risk appetite put a... Published 15 Oct, 2021 04:08am
Markets Gold hits one-month peak in Europe LONDON: Gold prices hit a one-month high on Thursday, as the dollar and US bond yields eased while investors ... Published 15 Oct, 2021 04:08am
Markets Dollar falls to nine-day low as rally pauses; Aussie and Kiwi rebound LONDON: The dollar edged down against major peers on Thursday, reaching its lowest level in nine days in a pullback... Updated 14 Oct, 2021 01:26pm
Business & Finance Dollar hits one-year high LONDON/NEW YORK: The dollar rose to a one-year high on Tuesday on expectations the US Federal Reserve will announce ... Published 13 Oct, 2021 04:47am
Markets Latam FX dip as dollar rallies; Brazil's real slides to near 6-month low Most Latin American currencies weakened on Monday, with Brazil's real hitting near six-month lows as a dollar rally... Published 12 Oct, 2021 12:55am
Markets Copper falls on firmer dollar as Fed tapering looms Copper prices fell on Monday, weighed down by a stronger dollar on expectation that the US Federal Reserve will ... Published 11 Oct, 2021 10:53am
Markets Yields jump, 10-year tops 1.6pc for first time since June CHICAGO: US Treasury yields hit multi-month highs on Friday in the wake of a weaker-than-anticipated September... Published 09 Oct, 2021 01:35am
World Fed vice chair traded into stocks on eve of Powell pandemic statement: Bloomberg NEW YORK: US Federal Reserve Vice Chair Richard Clarida traded between $1 million and $5 million out of a bond fund... Updated 03 Oct, 2021 12:17pm
Opinion Fed’s Harker says economy close to achieving inflation goal for rate hikes The US Federal Reserve may be close to meeting the inflation mandate set for raising interest rates, Philadelphia ... Published 03 Oct, 2021 04:16am
Markets London copper set for 1st quarterly loss in six as Fed taper-talk weighs Copper prices in London were on track for their first quarterly loss since March 2020 as the prospect of the US... Published 30 Sep, 2021 12:34pm
Markets Gold inches higher ahead of Fed policy decision Spot gold rose 0.2% to $1,777.68 per ounce by 0356 GMT, while US gold futures were flat at $1,778.00 Published 22 Sep, 2021 11:26am
Markets Japan's 10-year bonds untraded on Evergrande fears, Fed meeting caution The 10-year JGB yield remained at 0.045%, while benchmark 10-year JGB futures rose 0.12 point to 151.83, with a trading volume of only 9,590 lots Published 21 Sep, 2021 01:22pm
Markets US MIDDAY: Gold firms on Evergrande risks; pre-Fed jitters cap gains NEW YORK: Gold rose on Monday as fears about the solvency of Chinese property group Evergrande sparked a flight to... Published 21 Sep, 2021 04:10am
Markets Russian rouble sinks to near two-week low after parliamentary election The rouble was 0.7% weaker against the dollar at 73.42, its weakest mark since Sept. 8 Published 20 Sep, 2021 01:57pm
Markets Gold hits over 1-month low as stronger dollar dents appeal Spot gold fell 0.3% to $1,748.13 per ounce by 0500 GMT, having earlier touched its lowest level since Aug. 12 at $1,741.86 Published 20 Sep, 2021 10:46am
Print Fed expected to stay cautious as economy sends mixed signals WASHINGTON: With the United States on the upswing from the Covid-19 pandemic, the Federal Reserve is expected to... Published 20 Sep, 2021 06:41am
Markets Central banks tiptoe towards tapering PARIS: To taper or not to taper? That is the question facing central bankers as they debate when they should unwind... Published 19 Sep, 2021 10:17am
Markets Gold resumes retreat on dollar strength with all eyes on Fed NEW YORK: Gold's slight rebound on Friday from a sharp selloff in the previous session lost steam as the dollar... Published 18 Sep, 2021 04:02am
Markets Gold slips off $1,800 pivot; investors seek direction from Fed NEW YORK: Gold retreated below the key $1,800 level on Wednesday, hit by a bout of technical selling after it failed... Published 16 Sep, 2021 04:02am
Business & Finance Sterling edges up after UK inflation jump LONDON: Sterling edged up on Wednesday after data showed British inflation hit a more than nine-year high last ... Published 16 Sep, 2021 04:02am
Business & Finance US dollar rises to two-week high NEW YORK/LONDON: The dollar climbed to a two-week peak against a basket of major currencies on Monday, as investors... Published 14 Sep, 2021 03:55am
Opinion Investors betting on ‘stable’ choice of Powell renomination at Fed A potential renomination of Jerome Powell at the helm of the US Federal Reserve would provide a needed sense of... Published 11 Sep, 2021 03:36am
Markets US MIDDAY: Gold gains as dollar slips NEW YORK: Gold firmed on Thursday, lifted by a slight retreat in the dollar, but renewed bets that the US Federal... Published 10 Sep, 2021 04:41am
Business & Finance Dollar, stocks hit as US jobs data disappoints LONDON: The dollar took a dive and stocks slumped after disappointing US jobs data, while Tokyo rose on stimulus... Published 06 Sep, 2021 06:14am
Markets US MIDDAY: Gold consolidates in run up to US payrolls data NEW YORK: Gold eased in range-bound trading on Thursday as investors ignored a subdued dollar and squared positions... Published 03 Sep, 2021 04:58am
Business & Finance Dollar falls to more than 3-week low NEW YORK: The dollar hit its lowest level in more than three-weeks against a basket of currencies on Tuesday, as... Published 01 Sep, 2021 03:59am