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Oil Edges Up as Lower-Than-Expected US Stock Draw

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…

Gold Prices Firm with US Inflation Data in Focus

Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.

Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.

Japanese Stocks Closes Mixed

Tokyo stocks closed mixed on Monday.

The Nikkei 225 index fell 0.02 percent to 38,362.53 points after falling 1.12 percent earlier in the day, while the broader Topix index rose 0.03 percent.

Source: Qatar News Agency

Dollar Struggles to Stay Afloat Ahead of US Inflation Test

The US dollar failed to sustain its bounce in the run up to a key US inflation reading at the end of the week.

In the broader market, the dollar was struggling to find a floor, after having risen 0.48% in the previous session.

The dollar index was l…