Commodities
Sugar harvest no sweetener for Cuba's ailing economy
HAVANA: Hopes in Cuba that sugar exports would soften an economic slowdown and plug an exchangeable currency gap appear…
Commodities
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Commodities
Oil ticks up on global economic outlook, plummeting US fuel inventories
NEW YORK: Oil prices rose on Wednesday on an upbeat forecast for global economic recovery and as U.S. gasoline…
Commodities
Dollar reigns supreme on yields, recovery advantage
TOKYO: The dollar held near a 3 1/2-month high against its rivals on Tuesday as higher bond yields and expectations of…
Commodities
Dollar holds advantage over low-yielders, risk currencies slip back
TOKYO: The dollar stood firm against its low-yielding peers on Tuesday on bets of a faster economic recovery in the…
Commodities
Oil mixed, US crude hits highest since 2019 as refineries restart
NEW YORK: Oil prices were mixed on Thursday with U.S. crude edging up to its highest close since 2019 as Texas…
Commodities
Gold up, boosted by treasury yields’ retreat
LONDON: Gold was up on Tuesday morning in Asia, staying near a one-week high as U.S. Treasury yields retreated. Gold…
Commodities
Dollar edges lower; Fed retains easy policy stance
NEW YORK: The dollar edged lower in early European trading Thursday, with riskier currencies more in favor after the…
Commodities
Dollar weakens; stimulus progression boosts risk sentiment
NEW YORK: The dollar edged lower in early European trading Tuesday, retreating from earlier highs as progress towards a…
Commodities
Pound drifts lower ahead of BoE decision; negative rate report eyed
LONDON: The pound drifted lower against the dollar on Monday, with just days to go until the Bank of England delivers…
Commodities
Dollar edges higher; caution reigns as week starts
NEW YORK: The dollar edged higher in early European trading Monday, with traders starting a fresh week in a cautious…
Commodities
Gold dips pre-fed, awaits Powell’s take on economy
LONDON: As the dollar finally ratcheted higher amid a meltdown in stocks, safe-haven gold joined risk assets, including…
Commodities
Dollar rises as stock slump rattles investor confidence
TOKYO: The dollar extended gains against most currencies on Thursday as a stock market rout due to concerns about…
Commodities
Dollar edges higher; stimulus concerns weigh on risk sentiment
NEW YORK: The dollar edged higher in early European trading Tuesday, as concerns over the timing and size of U.S…
Commodities
Gold up, investors await fed policy decision
LONDON: Gold was up on Tuesday morning in Asia, amid concerns over the timing and size of U.S. stimulus measures. Gold…
Commodities
Dollar firm as economic, pandemic gloom damp risk appetite
TOKYO: The dollar held ground against riskier currencies on Monday as weak economic data from Europe and fresh worries…
Commodities
Oil prices steady as lockdowns curb US stimulus optimism
NEW YORK: Oil prices held steady on Monday, pressured by falling stock indexes, but optimism around U.S. stimulus plans…
Commodities
Dollar weakens after Biden inauguration; ECB up next
NEW YORK: The dollar started the European session on the back foot Thursday, with riskier currencies in demand amid…
Commodities
Oil hits 11-month high just below $57 as Saudi cut supports
LONDON: Oil hit an 11-month high just below $57 a barrel on Tuesday as tighter supply and expectations of a drop in…