TOKYO (AP) — Asian shares retreated Thursday as worries persisted about conflict in the Middle East. Ratcheting up tensions, President Donald Trump warned of the possibility of getting directly involved in the conflict with Israel, while Iran’s supreme leader rejected U.S. calls for surrender. Oil prices and U.S. futures declined. In Asian trading, Japan’s benchmark…
VIENTIANE, Laos (Reuters) – U.S. Secretary of State Antony Blinken said on Friday there was deep concern in Asia about the plight of people in Gaza and conflict in the Middle East and stressed Washington was doing everything in its power to prevent those from spreading. Speaking in Laos after the East Asia Summit, Blinken…
STORY: U.S. stocks closed lower Monday while Treasury yields rose, as traders lowered bets for another half a percentage point interest rate cut from the Federal Reserve. Meanwhile, worries over an escalation of the conflict in the Middle East also weighed on markets. The Dow and S&P 500 dropped nearly one percent each while the…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: It’s been a rough week for headlines in the mainstream news. Conflict in the Middle East is heating up further, with Iran launching missiles at Israel amid the latter’s campaign in Lebanon and…
A look at the day ahead in European and global markets from Rae Wee Oil prices are headed for their largest weekly rise in over a year on Friday, spurred by escalating Middle East tensions that have cast a pall over global markets ahead of the weekend. Most equity indexes and stock futures were in…
A look at the day ahead in European and global markets from Rae Wee Oil prices are headed for their largest weekly rise in over a year on Friday, spurred by escalating Middle East tensions that have cast a pall over global markets ahead of the weekend. Most equity indexes and stock futures were in…
(Reuters) – Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against an amply-supplied global market. Brent crude futures increased 64 cents, or 0.87%, to $74.54 a barrel as of 0006 GMT. U.S. West Texas Intermediate crude…
By Georgina McCartney and Liz Hampton HOUSTON/DENVER (Reuters) -The oil industry and markets have had a muted reaction to growing conflict in the Middle East, a sign of just how well stocked oil supplies are as U.S. output grows and OPEC+ prepares to lift production. The global oil benchmark Brent jumped 5% on Tuesday after…
SYDNEY (Reuters) – The dollar held its sharpest gain in a week on Wednesday after an Iranian missile attack on Israel drove buying of safe assets as investors fretted about the widening of conflict in the Middle East. Early Asia moves were slight, leaving the euro below $1.10 following its largest drop in nearly four…