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Gold prices edged higher Thursday after reaching a one-week low in the previous session, while the US dollar eased. Investors assessed the likelihood of a Federal Reserve rate increase this month following a hot inflation report.
Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy. International/regional GLOBAL MARKETS-Asian markets sell off as AI trades crumble after hot US CPI data MKTS/GLOB Oil prices retreat as investors weigh supply ou
(Updates analyst comments, prices, byline; adds NEW YORK/LONDON dateline) Dollar weakens as oil prices retreat Key US inflation data due on Wednesday Euro recovers from lows; France's fiscal worries persist By Stefano Rebaudo and Laura Matthews NEW YORK/LONDON, Oct 13 (Reuters) — The dollar slipped from an 18-month hig
Asian currencies were little changed in early trade, while strategists said rising Middle East tensions and firmer oil prices could support the U.S. dollar. The Australian dollar, Singapore dollar and won were broadly flat against the greenback.