Oil prices rose about 3% Monday on fears that escalation in the Middle East could disrupt oil supplies from the region.
Brent crude futures rose $2.30, or 2.91%, to $81.32 a barrel, while US crude futures rose $2.22, or 2.97%, to $77.05 a barrel.
Br…
The Japanese yen continued to rise today, after comments from US Federal Reserve Chairman Jerome Powell on Friday, which indicated an interest rate cut.
Investors responded by strengthening the yen and selling stocks. The Japanese currency rose to th…
Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.
Spot gold rose 0.2% to $2,516.09 per ounce.
US gold futures gained 0.2% to $2,55…
China’s fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday.
The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro…