Dollar firm as inflation data douse bets for big Fed rate cut TOKYO: The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in US... Published 12 Sep, 2024 09:54am
Markets Gold edges lower as dollar gains BENGALURU: Gold dipped slightly on Wednesday, as a stronger dollar weighed on prices, while investors awaited US ... Published 09 May, 2024 03:11am
Markets Dollar steadies as traders weigh hotter-than-expected inflation TOKYO: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact... Published 13 Mar, 2024 09:55am
Markets Gulf bourses end higher ahead of US inflation data DUBAI: Most stock markets in the Gulf ended higher on Thursday ahead of key US inflation data, due later in the day,... Published 12 Jan, 2024 03:06am
Markets Oil falls 3%, extends losses after US inflation data LONDON: Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in... Updated 12 Dec, 2023 09:03pm
Markets Gold prices firm on expectations BENGALURU: Gold prices held steady on Friday but headed for their biggest weekly gain in four as the dollar and... Published 19 Nov, 2023 03:14am
Markets Dollar steady ahead of key US inflation data, yen retraces gains TOKYO: The dollar was broadly steady on Wednesday ahead of a key US inflation report later in the day, though it... Published 13 Sep, 2023 09:44am
Markets Gold listless as investors await US CPI data for Fed policy guidance Gold prices settled into a holding pattern on Tuesday as investors awaited US inflation figures that could provide... Published 12 Sep, 2023 10:17am
Business & Finance US consumer sentiment plummets to six-month low WASHINGTON: US consumer sentiment slumped to a six-month low in May on worries that political haggling over raising... Published 15 May, 2023 07:17am
Markets Wall St rallies on rebound in banks, rate hike bets NEW YORK: Battered US bank shares rebounded on Tuesday, driving Wall Street’s main indexes higher, while a slight... Published 15 Mar, 2023 06:01am
Markets Gold slips but holds above $1,900 on Fed slowdown hopes Gold prices slipped on Tuesday from a more than five-week high, but held just above the key $1,900 level as... Published 14 Mar, 2023 11:03am
Markets Gold hits 1-month low as dollar strengthens BENGALURU: Gold prices dropped to their more than one-month lows on Wednesday, weighed down by a stronger dollar as... Published 16 Feb, 2023 06:08am
Business & Finance Dollar rises as investors look to next week’s inflation report NEW YORK: The dollar gained on Friday as investors grew concerned about a US inflation report next week that could... Published 13 Feb, 2023 05:57am
Markets Oil up more than $1 on US inflation data NEW YORK: Oil prices rose by more than $1 a barrel on Thursday, extending gains after figures showed U.S consumer... Published 13 Jan, 2023 06:05am
Business & Finance Dollar falls to nearly 9-month low vs euro NEW YORK: The US dollar tumbled to a nearly 9-month low against the euro on Thursday after US inflation data... Published 13 Jan, 2023 06:05am
Business & Finance China consumer inflation accelerates in Dec; PPI falls with soft demand BEIJING: China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as... Published 12 Jan, 2023 09:55am
Markets Gold prices steady as focus shifts to Powell’s speech Gold prices were steady on Tuesday, with cautious traders largely focusing on Federal Reserve Chair Jerome Powell’s... Published 10 Jan, 2023 09:27am
Markets Most Gulf markets gain on US data DUBAI: Most stock markets in the Gulf ended higher on Wednesday as investors assessed the prospects of a pivot in... Published 15 Dec, 2022 06:00am
Markets Oil prices up amid forecasts of 2023 demand uptick LONDON: Oil prices rose on Wednesday after OPEC and the International Energy Agency (IEA) both forecast a rebound in... Updated 14 Dec, 2022 06:04pm
Markets Asian shares fall, dollar firms ahead of central bank rate hikes SYDNEY: Asian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets... Published 12 Dec, 2022 10:13am
Markets Gold climbs 2pc NEW YORK: Gold prices jumped 2% to a more than two-month high on Thursday as data showed US inflation cooled off a... Published 11 Nov, 2022 05:54am
Markets US yields tumble as October inflation cools off NEW YORK: US Treasury yields plunged on Thursday after data showed inflation in the United States cooled in October,... Published 10 Nov, 2022 11:17pm
Markets Indian shares fall as autos weigh, awaits US inflation data BENGALURU: Indian shares fell on Thursday, dragged by auto and metal companies, as investors braced for crucial US... Updated 10 Nov, 2022 04:02pm
Markets Gold slides NEW YORK: Gold prices dropped to a two-week low on Thursday as a higher-than-expected rise in US September inflation... Published 14 Oct, 2022 03:39am
Markets Japan stocks slump on US CPI data TOKYO: Japanese stocks fell the most in three months on Wednesday, after overnight Wall Street losses on an... Published 15 Sep, 2022 07:23am
Markets Tokyo shares fall sharply on US inflation, as yen concerns persist TOKYO: Tokyo stocks sank on Wednesday as investors shunned risk on worries about high US inflation, while the yen’s... Updated 14 Sep, 2022 03:48pm
World Monthly US consumer prices unexpectedly rise in August; core inflation picks up WASHINGTON: Monthly US consumer prices unexpectedly rose in August as declining gasoline prices were offset by gains... Published 13 Sep, 2022 06:02pm
Business & Finance Dollar falls ahead of US inflation data; euro jumps NEW YORK: The US dollar fell to its lowest level in about two weeks against a basket of currencies on Monday... Published 13 Sep, 2022 06:12am
Markets S&P, Nasdaq jump as cooling inflation eases rate hike bets NEW YORK: Wall Street rallied more than 1% on Wednesday after data showed US inflation slowed more than expected in... Published 11 Aug, 2022 04:35am
Markets Wall Street unnerved as hot inflation sparks fears of more combative Fed policy NEW YORK: US stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that... Published 11 Jun, 2022 06:08am