Oil Prices Hold at ThreeMonth High on Stronger Demand

Brent and WTI at highest since midOctober Biden administration plans more sanctions on Russian oil Saudi Arabia raises February oil prices for Asia LONDON, Jan 6 Reuters Oil prices steadied at their highest since midOctober as colder weather spurred buying while further support came from expectations of tighter sanctions on Iranian and Russian oil exports. […]
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Chinese Bourses Met with Foreign Institutions amid Volatility

SHANGHAI, Jan 6 Reuters The Shanghai and Shenzhen stock exchanges recently held meetings with foreign institutions, both bourses said, assuring investors that they would continue to open up China39;s capital markets. The Shanghai stock exchange said in a post on its website late on Sunday that China39;s economy was supported by solid fundamentals and has […]
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Dollar Rally Pauses; Yuan Slides to 16Month Low

Dollar eases slightly ahead of various US economic data releases Canadian dollar rises on reports of Trudeau39;s likely resignation Yuan struggles on weaker side of 7.3 per dollar SINGAPORE, Jan 6 Reuters The dollar eased on Monday but held close to a twoyear peak, as traders awaited a raft of U.S. economic data this week […]
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Chip Stocks Boost European Shares at Start of DataHeavy Week

RollsRoyce, Unilever fall after rating downgrades German December inflation data at 1300 GMT STOXX 600 up 0.2, tech index rises 2.9 Jan 6 Reuters European shares ticked up Monday as chip stocks advanced following Microsoft39;s bumper AI investment announcement, kicking off a week packed with economic data around the world including inflation readings in Europe […]
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