ICE Brent Crude (Apr'23)
‘Too much doom and gloom’: OPEC chief is bullish on oil demand despite extended production cuts
The head of oil producer alliance OPEC brushed off forecasts of dwindling crude demand in the coming year, saying there was too much pessimism in the market — despite the group extending production cuts just one day prior in an attempt to shore up prices amid subdued global consumption. “Well, for OPEC, we have demand […]
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Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes […]
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Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Friday, after Wall Street benchmarks the Nasdaq Composite and S&P 500 suffered their worst day in nearly two months […]
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Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank’s headquarters in Tokyo, Japan Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China. Economists polled by Reuters […]
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Asia-Pacific markets set for mixed open; Australia inflation data in focus
The Australian flag is in front of Christiansborg Palace in Copenhagen, Denmark, on January 14, 2024. Kristof Z. Markovics | Nurphoto | Getty Images Asia-Pacific markets were set for a mixed open Wednesday after key Wall Street benchmarks rose, with the Nasdaq Composite closing at a new record high as tech stocks gained. Traders in […]
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CNBC Daily Open: Nasdaq hits all-time high even amid poor earnings growth
Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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Japan’s Nikkei 225 climbs, yen drops as political uncertainty after elections clouds rate-hike path
TOPSHOT – Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst […]
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Asia-Pacific markets set for lower open ahead of Japan elections; Tokyo inflation slows
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets were set to mostly fall Friday, with investors awaiting Japan’s general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The […]
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Asia markets tumble after Wall Street extends declines; South Korea avoids technical recession
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
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Asia stocks mostly rise after Wall Street rally stalls; Tokyo Metro market debut in focus
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Hitoshi Yamada | NurPhoto | Getty Images Asia-Pacific markets mostly rose Tuesday, with investors awaiting the trading debut of Japan’s subway operator, Tokyo Metro. The company, one of Japan’s leading subway operators and the largest […]
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