Month: February 2023

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Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest...

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Oil Prices Rangebound As Markets Await China, U.S. Economic Cues

Oil prices moved in a small range on Tuesday as traders awaited more cues from Chinese and U.S. business activity readings due this week,...

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Ukraine’s Economy Stabilizes After Shock of War

When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains –...

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Oil Prices Move Little in Anticipation Of More China Cues

Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders...

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Abandon Hope, Cineworld Tells Shareholders

Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract...

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At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War

U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in...

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Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023

Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong...

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Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won...

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Dollar Edges Lower; Fed Minutes Loom Large

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders cautiously...

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Asian Stocks Hit By Tech Rout, More Fed Cues Awaited

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as...

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