Trading
Trading
Oil Heads for Weekly Gain on China Stimulus Hopes
Trading
US Stocks Tread Water in Thin Trade, Benchmark US Yield Backs Off New High
Trading
European Shares Flat After Christmas Break; Set for Modest Weekly Gains
Trading
Finland Boards Oil Tanker Suspected of Causing Internet, Power Cable Outages
Oil Prices Ease as Markets Weigh China Stimulus Hopes
Date: December 27, 2024
By Nicole Jao NEW YORK (Reuters) -Oil edged lower on Thursday in light holiday trade as the dollar’s strength offset hopes for additional fiscal stimulus in China, the world’s biggest oil importer. Brent crude futures settled down 32 cents, or 0.43%, at $73.26 a barrel. U.S. West Texas Intermediate crude closed at $69.62, down 0.68%,...
Asian Stocks Drift, Yen at 5-month Low in Thin Year-End Trading
Date: December 27, 2024
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month lows in thin year-end trading as investors looked ahead to 2025, when the Federal Reserve is expected to be measured in its interest rate cuts. The Bank of Japan on the other hand...
Dollar Stays Resilient, Asia Shares Wobble
Date: December 26, 2024
By Rae Wee SINGAPORE (Reuters) -Asia shares eased in holiday-thinned trade on Thursday, paring some of their gains from earlier in the week, while the dollar rose alongside U.S. Treasury yields. As the year-end approaches, trading volumes have begun thinning out and the main focus for investors remains that of the Federal Reserve’s rate outlook....
Oil Prices Edge Higher on Hopes for More China Stimulus
Date: December 26, 2024
By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel...
Oil Prices Rise in Thin pre-Christmas Trade
Date: December 24, 2024
By Paul Carsten LONDON (Reuters) -Oil prices rose on Tuesday, reversing the prior session’s losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday. Brent crude futures were up 47 cents, or 0.7%, at $73.10 a barrel, and U.S. West Texas Intermediate crude futures rose...
Sterling Edges up in Holiday-Thinned Trading
Date: December 24, 2024
By Amanda Cooper LONDON (Reuters) – The British pound strengthened modestly in a holiday-shortened trading session on Tuesday, but could face a more uncertain path next year as global monetary policy diverges, analysts said. Sterling was last up 0.1% at $1.2544, set for a 1.6% loss in December, marking a third successive monthly loss. Against...