MARKETS / FINANCE

A view shows oil terminal Kozmino near Nakhodka

Oil Edges Up As Market Weighs Economy, Awaits Inventory Data

Investors in energy markets are weighing the prospects for China's reviving demand against tepid consumption in the United States and other advanced economies, analysts from Haitong Futures said.

Asian Markets Mixed But Little Joy As Traders Eye More Fed Hikes

Oil prices have been hit by lower demand expectations owing to the prospect of higher interest rates

A blockbuster jobs report and sticky inflation data this month have dealt a hammer blow to earlier expectations the US central bank could soon pause its monetary tightening campaign or even cut borrowing costs before year's end.

Asian Markets Fluctuate With Rates Set To Go Higher

Hopes the Fed will cut interest rates by the end of the year have been replaced by a realisation that they will likely go higher for longer than expected to fight inflation

With Wall Street closed Monday for Presidents' Day there were few catalysts for regional investors, with focus on the release later in the week of minutes from the Federal Reserve's most recent policy meeting.

Pump jacks operate at sunset in an oil field in Midland

Oil Prices On Track To Finish Week Lower On U.S. Rate Hike Worries

Data showed that the U.S. producer price index (PPI) rose 0.7% in January, after declining 0.2% in December.

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Illustration shows representation of cryptocurrency Bitcoin, Ethereum and Dash plunging into water

Crypto Industry Disappointed As Australia Looks To Enshrine Tax Rules

The government said it would introduce legislation to enshrine the treatment of digital currencies such as Bitcoin as an asset.

The court which approved the settlement said 5,000 French nationals were hiding two billion euros in undeclared Credit Suisse accounts

Credit Suisse To Pay 238 Mn Euros To Settle French Fraud Probe

The Swiss bank said that "the settlement does not comprise a recognition of criminal liability."

Illustration picture of Japanese yen coins and banknotes

Will They Or Won't They? Japan Uses Guessing Game To Shore Up Yen

Japan is relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention.

The pound has rallied on speculation Prime Minister Liz Truss will perform another u-turn following the uproar caused by her government's controversial debt-fuelled mini-budget

Asian Markets Surge After Sharp Wall St Swing, Pound Holds Gains

The month-on-month reading came in double estimates, while core inflation -- which strips out volatile energy and food prices -- was also elevated.

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