Unum NOW!

The dollar stood at its highest levels of the year against sterling and the euro on Thursday, while the yen was smarting from its sharpest drubbing in a month, after…

Oil prices steady after falling on signs U.S. may release more reserves

Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to…

Gold Down as U.S. Inflation Rises, Dollar Continues to Strengthen,

Gold was down on Thursday morning, retreating from a five-month peak as the dollar strengthened. Record-high inflation in the U.S. saw the yellow metal hit a five-month high during the…

Wall Street ends lower as economic data raises long-term inflation threat

Wall Street closed sharply lower on Wednesday as surging consumer prices curbed investor risk appetite, and stoked worries of a protracted wave of red hot inflation.

Asian stocks slump, dollar shines as inflation fears flare

Inflation fears pressured Asian stocks and buoyed the dollar on Thursday after data overnight showed U.S. consumer prices surged at the fastest pace since 1990 last month, boosting the case…

Gold Down, Descends From Two-Month High Over Strengthening Dollar

Gold was down on Wednesday morning in Asia, retreating from a more than two-month high as the dollar strengthened.

Dollar near one-month low to yen as inflation test looms

The dollar held a three-day loss against major peers and traded near a one-month low to the yen on Wednesday, with highly anticipated U.S. inflation data looming that could guide…

Oil climbs on surprise U.S. crude stocks decline

Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near term travel demand picked…

Wall Street losses end streak of record highs as inflation worry weighs on market

Wall Street closed lower on Tuesday, ending a multi-day rally of consecutive record closing highs as profit-taking and worries over ongoing inflation fueled a broad sell-off.

Stocks stalled as oil fuels inflation nerves

Asian stockmarkets were becalmed on Wednesday as surges in oil and Chinese factory prices added to worries that a hot U.S. inflation reading could renew pressure on policymakers to lift…

Dollar Down, Inflation Data Looms as Next Test on Central Bank Interest Rate Hikes

The dollar was down on Tuesday morning in Asia, remaining a little below 2021’s peaks hit on Tuesday. Cryptocurrencies scaled records, while inflation numbers loom as the next test of…

Gold Down, but Remains Near Two Month High, as Dollar Softens

Gold was down on Tuesday morning in Asia, but remained near a two-month high hit during the previous session. A softer dollar, alongside key central banks insisting that inflation will…

Wall Street closes up on infrastructure gains but Tesla weighs

Wall Street stocks ended slightly higher on Monday, rising early after passage of a U.S. infrastructure spending bill but paring gains late as sliding Tesla (NASDAQ:TSLA) shares weighed the indexes…

Asian stocks extend global gains ahead of U.S. inflation test

Asian shares followed Wall Street higher in early trade on Tuesday as the passage of a U.S. infrastructure bill boosted sentiment while oil prices gained on the outlook for energy…

Dollar firm as U.S. inflation poses next test

The dollar made a steady start to the week on Monday but was kept below Friday peaks, as currency traders seek a path between markets’ volatile interest rate projections and…

Oil rises after Aramco raises crude selling price

Oil prices rose on Monday after Saudi Arabia’s state-owned oil producer Aramco (SE:2222) raised the official selling price for its crude, suggesting demand remains strong at a time of tighter…

Gold Up, Boosted by Retreating Dollar

Gold was up on Monday morning in Asia, hitting a two-month high. A dollar on the retreat also gave the yellow metal a boost.

Asia stocks mixed, U.S. inflation test looms