Latest Financial News

Crude oil prices continue to gather momentum, propelled by voluntary production cuts by Russia and Saudi Arabia, in addition to cuts imposed by OPEC+, which helped boost prices by 30% since June, ...

Palladium prices declined on Friday even as the dollar lost ground against most major rivals.   Recent data already showed US consumer spending rose by a slower pace than expected as gasoline ...

Oil prices rose on Friday while heading for a 3% weekly profit on lower US supplies and expectations of improving Chinese fuel demand in the Golden Week holiday.    US crude futures rose ...

Dollar fell off ten-month highs against a basket of major rivals while on track for the largest quarterly profit this year, giving the yen a chance today to recoup amid concerns the Japanese ...

Euro rose on Friday against a basket of major rivals amid mounting pressures on the US dollar before major inflationary data.    EUR/USD fell to 1.0575 on Wednesday, the lowest since ...

Dollar fell against yen on Friday after yen marked 11-month lows recently following strong hints by the Federal Reserve for another interest rate hike this year.   Such bullish outlook boosted ...

US stock indices rose on Thursday following a spate of positive data.   Earlier US data showed GDP growth at 2.1% y/y in the second quarter.   US unemployment claims rose by two ...

Oil prices fell on Thursday amid expectations major global economies will maintain high interest rates for an extended duration to combat inflation, in turn threatening recession and potentially ...

Dollar held ground near 10-month highs against a basket of major rivals, as investors continue to analyse positive data and recent bullish remarks by Fed Officials.    Minneapolis Fed ...

The Energy Information Administration reported a drop of 2.2 million barrels in US crude stocks to 416.3 million barrels last week, while analysts expected a drop of 700 thousand ...