Browsing Tag

ICE Brent Crude (Oct'21)

Investors focused on Fed Jackson Hole symposium

SINGAPORE — Stock futures in Asia-Pacific pointed to a muted open on Friday, with investors looking ahead to the Federal Reserve's annual Jackson Hole symposium where Fed Chair Jerome Powell is due to speak.SPI futures in Australia traded down 0.14% and was a touch lower from the benchmark ASX 200's previous close at 7,491.2.Nikkei futures were…
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South Korea rate decision, oil and currencies

SINGAPORE — Asia-Pacific stocks were mixed in early trade on Thursday, as U.S. markets again surged to record highs. Meanwhile, investors look ahead to the Bank of Korea's upcoming rate decision.Japan's Nikkei 225 rose 0.36%, while the Topix edged up 0.14%.In Australia, the S&P/ASX 200 fell 0.31%.Over in South Korea, the Kospi gained…
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Oil falls for a sixth straight day, sinks to the lowest level since May on fears of slowing growth

Oil pumping rigs are situated next to a vineyard of table grapes as viewed on July 8, 2021, north of Bakersfield, California.George Rose | Getty ImagesOil dropped for a sixth-straight session on Thursday, falling to the lowest level since May as demand fears and comments from the Federal Reserve that it will suspend its bond-buying program sent…
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Reserve Bank of New Zealand keeps rates unchanged

SINGAPORE — Shares in Asia-Pacific were higher in Wednesday morning trade as investors reacted to the Reserve Bank of New Zealand's interest rate decision.In Japan, the Nikkei 225 rose 0.37% while the Topix index climbed 0.4%. Japan's government on Tuesday decided to extend the Covid-19 state of emergency in Tokyo and other areas to Sept. 12, local…
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Japan’s Nikkei 225 slips, Chinese economic data ahead

SINGAPORE — Asia-Pacific stocks slipped in Monday morning trade as investors await the release of Chinese economic data for July.In Japan, the Nikkei 225 dropped 1.37% in early trade while the Topix index shed 1.1%.Japan's GDP rose 0.3% in the second quarter as compared with the previous three months, when it contracted 0.9%, according to official…
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Oil falls after White House says OPEC should boost production to support the economic recovery

The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria.Ramzi Boudina | ReutersOil prices fell on Wednesday after the White House called on OPEC and its allies to increase oil production to support the global recovery from the pandemic.Futures contracts…
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