Oil Prices Move Little in Anticipation Of More China Cues

Oil Prices Move Little in Anticipation Of More China Cues

Feb 27, 2023

Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese economic readings this week. Readings on China’s Purchasing Mangers’ Index (PMI) for February

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Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Feb 2, 2023

Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook (NASDAQ:META), which has fallen on hard times

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Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap

Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap

Jan 20, 2023

Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal Reserve officials, as well as growing concerns over a potential recession this year. China-exposed currencies were the worst performers this week, even as

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Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

Jan 4, 2023

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong

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Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes

Jan 4, 2023

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, with markets now awaiting fresh cues on U.S. monetary policy from the minutes of the Federal Reserve’s December meeting. Regional currencies came under

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