The record rally in global stocks provided a breather in early Asian trading on Tuesday, as markets braced for a wave of mega-cap tech gains and policy announcements from major central banks this week. Share prices in Japan and South Korea retreated from Monday’s record highs, while shares in Australia also fell at the open. […]
Gold posted a nine-week winning run after a sharp correction as the market revalued a rally that had pushed the metal into overbought territory. Bullion pared losses on Friday after a softer-than-expected US inflation report boosted bets on further monetary easing by the US Federal Reserve. Bond yields fell slowly as traders assess a high […]
Oil prices rose more than five percent on Thursday after US President Donald Trump targeted Russia’s key oil industry with new sanctions in a bid to end the war in Ukraine. The international benchmark contract, Brent North Sea crude, rose 5.4 percent, while West Texas Intermediate rose 5.7 percent. Trump on Wednesday announced new sanctions […]