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The U.S. dollar index was down 0.1% to 99.94
The U.S. dollar slid on Thursday, as central bank rate hike expectations took another hit from softer-than-expected producer inflation data.
At 19:39 GMT, the U.S. dollar index was down 0.1% to 99.94. The gauge was on track to snap a three-day win streak.
A day after an in-line July consumer in...
Kospi Index, a bellwether for the artificial intelligence trade, led with a 1 per cent gain
Asian stocks rose on Friday as technology shares jumped. MSCI’s Asia-Pacific equities gauge rose 0.5 per cent, putting the benchmark on course for a fourth straight weekly gain – its longest winning streak since May.
Kospi Index, a bellwether for the arti...
Investors also monitored lingering geopolitical risks after Iran said there had been no progress in efforts to revive an interim peace deal with Washington
Most Asian currencies held steady on Thursday after a volatile session, while the dollar remained firm as investors weighed the U.S. central bank’s rate outlook following an in-line inflation report...
Kospi Index surged 3.7% to enter a technical bull market as a rebound in the artificial intelligence trade fuelled a reversal from July’s sell-off
Asian stocks rose as technology shares rallied, while Brent snapped a six-day rally. MSCI’s Asia-Pacific equity index gained 0.8%, with chipmakers Samsung Electronics and SK Hynix the biggest contributors.
Brent crude futures edged up to $88.09 per barrel, the highest level since July 31
Oil prices rose on Tuesday as negotiations between Iran and the U.S. over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the international inflation outlook.
U.S. President Donald T...