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Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

by GalaxyNews | Feb 9, 2023 | Financial Market

Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments...
Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery

by GalaxyNews | Feb 6, 2023 | Financial Market

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, although markets were still nursing steep weekly losses on fears of tighter U.S. monetary policy. International Energy Agency head...
Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

by GalaxyNews | Feb 1, 2023 | Financial Market

Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a...
Asia FX Muted, Dollar Steadies As Fed Meeting Looms

Asia FX Muted, Dollar Steadies As Fed Meeting Looms

by GalaxyNews | Jan 31, 2023 | Financial Market

Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in...
Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution

Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution

by GalaxyNews | Jan 31, 2023 | Financial Market

Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data from China was offset by caution over an upcoming Federal Reserve meeting and an OPEC decision on production. Chinese business activity grew more than expected in...
Asian Stocks Sink As Fed Week Begins, China Reopens Strong

Asian Stocks Sink As Fed Week Begins, China Reopens Strong

by GalaxyNews | Jan 30, 2023 | Financial Market

Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite...
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Recent Posts

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