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Oil prices edges lower; China stimulus, Trump repercussions in focusvictory
Oil prices slipped Thursday, continuing the previous session's weakness on the
back of a strong dollar and lower crude imports in China.
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Gold prices dip from record highs; rate cuts, recession in focus
Gold prices fell from record highs in Asian trade on Thursday as a rally in the
yellow metal cooled, with market focus remaining on U.S. interest rate cuts and
brewing fears of a recession.
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US stock futures steady as rate cut cheer grows
U.S. stock index futures rose slightly in evening deals on Wednesday, extending
gains from Wall Street as the minutes of the Federal Reserve’s recent meeting
fueled growing conviction that the central bank will cut rates.
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Oil prices down to $75 as demand jitters offset rate cut cheer, inventory draw
Oil prices fell in Asian trade on Thursday, extending a run of recent losses as
weak U.S. labor data fueled concerns over an economic slowdown in the country
and largely offset optimism over interest rate cuts.
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Analysis-Euro, now a safer bet, emerges a winner from market turmoil
BlackRock, the world's biggest asset manager, cut its support for shareholder
proposals linked to environmental and social issues to a fresh low of 4.1% in
the most recent annual general meeting season, it said on Wednesday.
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Dollar drops as jobs revised lower, some Fed officials wanted July cut
The dollar fell to a more than one-year low against the euro and sterling on
Wednesday after data showed employers added 818,000 fewer jobs in the year to
March than previously thought.
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Oil prices slow sell-off as expectations of Fed rate cut grow
A sharp sell-off in crude oil paused on Thursday after expectations of a rate
cut by the Federal Reserve offset a bunch of weak economic data from the world's
two largest economies, the United States and China.
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