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Crude Oil Prices Slip On Friday
(RTTNews) - Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
Trump's sweeping tariffs are now facing legal uncertainties, complicating the administration's broader economic agenda.
West Texas Intermediate crude for July delivery eased $0.18 or 0.30 percent to $60.76 a barrel.
Markets now await cues from an upcoming OPEC+ meeting on Saturday, where a further increase in oil production is anticipated.
Members of the oil cartel are expected to authorize another bumper production increase for July after agreeing 411,000 barrels-per-day hikes at the previous two meetings.
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Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding to the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,500 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by energy, financial and technology stocks.
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20 นาทีที่ผ่านมา
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, on optimism about amicable trade deals being reached between the US and its trade partners over the weekend after the recent uncertainty. Major currencies in the region also strengthened against the US dollar. Asian markets closed mixed on Tuesday.
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47 นาทีที่ผ่านมา
Sensex, Nifty Set For Positive Start
Indian shares may open on a positive note Wednesday as new data portrayed a healthy U.S. labor market despite increased risks from trade policy.
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1 ชม. 12 นาทีที่ผ่านมา
Australia GDP Adds 0.2% On Quarter In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Australian Bureau of Statistics said on Wednesday.
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1 ชม. 51 นาทีที่ผ่านมา
Rebound Anticipated For Thai Stock Market
Ahead of the long holiday weekend for Queen Suthida's birthday, the Thai stock market headed south again on Friday, one day after ending the two-day slide in which it had dropped almost 20 points or 1.5 percent. The Stock Exchange of Thailand now rests just beneath the 1,150-point plateau although it's likely to bounce higher again on Wednesday.
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1 ชม. 54 นาทีที่ผ่านมา
Indonesia Stock Market Poised To Halt Its Slide
The Indonesia stock market has moved lower in three straight sessions, sinking more than 150 points or 2.2 percent along the way. The Jakarta Composite Index now rests just above the 7,040-point plateau although it may stop the bleeding on Wednesday.
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2 ชม. 24 นาทีที่ผ่านมา
Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Wednesday, reversing the slight losses in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 37,750 level, with gains across most sectors led by index heavyweights and technology stocks.
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2 ชม. 26 นาทีที่ผ่านมา
Hong Kong Shares May Extend Tuesday's Gains
The Hong Kong stock market on Tuesday snapped the two-day slide in which it had stumbled more than 410 points or 1.9 percent. The Hang Seng Index now sits just above the 23,510-point plateau and it's expected to open in the green again on Wednesday,
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2 ชม. 39 นาทีที่ผ่านมา
