Thursday, October 1, 2015
Oil prices retreated in Asia Wednesday as traders focus on a U.S. crude stockpile report, a day after growing concerns over mainland China's economy sparked a massive sell-off in shares of commodity firms.
Wednesday, September 30, 2015
Resources firms led by mining giant Glencore headed a deep sell-off in Asian markets Tuesday following painful losses across Europe and New York as fears about mainland China's slowing growth resurfaced.
Tuesday, September 29, 2015
Global stocks were mostly lower Monday following Wall Street's loss last week as investors looked ahead to Chinese and U.S. economic data.
Oil prices fell in Asia Monday as investors looked for further clues about the health of the Chinese and U.S. economies, the world's top crude consumers.
Saturday, September 26, 2015
The U.S. dollar edged up against most currencies in Asia trade Friday after Federal Reserve chair Janet Yellen said she expects to hike U.S. interest rates before the year is over.
Oil prices edged up in Asian trade Friday following a decline in U.S. crude inventories, although heavier buying was tempered by expectations a return of Iranian crude into the market will further increase global supplies.
Friday, September 25, 2015
Asian traders shifted to safety Thursday with the U.S. dollar extending gains against emerging currencies as China concerns lingered ahead of a keenly awaited speech later in the day by U.S. Federal Reserve chief Janet Yellen.
Thursday, September 24, 2015
The Brazilian real closed at an all-time low Tuesday amid snowballing fears over a deepening economic crisis in the world's seventh-largest economy.
Wednesday, September 23, 2015
Comments from top U.S. Federal Reserve officials suggesting a U.S. interest rate rise is still likely this year pushed the U.S. dollar and Asian stocks higher Tuesday, as the Fed sought to ease concern about the state of the global economy.
The U.S. dollar was dominant in Asia Tuesday as Fed officials talked up expectations for an increase in interest rates within the year after deciding against a raise last week.