Saturday, October 31, 2015
Oil prices declined in Asia Friday as a midweek rally dissipated with no relief in sight to a global crude oversupply, analysts said.
Friday, October 30, 2015
The U.S. dollar held gains against its major peers Thursday and rallied against most emerging currencies, but equities were broadly lower after the U.S. Federal Reserve hinted at a possible December interest rate hike.
Oil prices tumbled in Asia Thursday, cutting short a rally the day before after hints of an interest rate hike in December by the U.S. Federal Reserve boosted the U.S. dollar.
The U.S. dollar rallied Thursday after the Federal Reserve gave an upbeat outlook for the U.S. economy and put a December interest rate rise on the table, while the yen rose on positive Japanese data that tempered talk of fresh central bank stimulus.
Wednesday, October 28, 2015
Most equities markets eased Tuesday after the previous day's rally while the U.S. dollar slipped against its major peers as investors look ahead to key central bank meetings in the United States and Japan this week.
Oil prices extended losses in Asia Tuesday on expectations of a rise in U.S. crude inventories and following forecasts that a global supply glut will persist into next year.
Tuesday, October 27, 2015
Full implementation of the world trade accord reached two years ago could increase global merchandise exports by up to US$1 trillion annually, according to a new World Trade Organisation report published Monday.
The U.S. dollar picked up against some emerging currencies Monday, as mainland China's interest rate cut at the end of last week fed fears about the state of the world's No. 2 economy.
Oil prices rose slightly in Asian trade Monday after sharp falls the previous week on oversupply fears, with traders awaiting the release of U.S. and European data.
Sunday, October 25, 2015
The global integrated circuit market will likely fall by 1 percent year-on-year in 2015 due to a slowdown in the world's major economies, in particular China, the second-largest in the world, according to market information advisory firm IC Insights.