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Oil ends week lower

Shady Fouad
Oil futures fell by about 1.5 percent on Friday, ending the week lower due to declining Chinese demand and hopes for a ceasefire agreement in Gaza that could ease tensions in the Middle East and related supply concerns. During the week,…
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Yen rises as traders look to BOJ

Shady Fouad
The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician, adding pressure on the Bank of Japan to continue raising interest rates to strengthen the currency. The dollar and euro stabilized with the lack of…
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Chinese rate cut impact on crude

Shady Fouad
Crude oil prices fell on Monday following China's unexpected interest rate cut aimed at boosting the world's second-largest economy, but it had little effect on sentiment. By 06:40 Eastern Time, U.S. crude futures had fallen 0.3% to $78.37…
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A look upon Asian markets

Shady Fouad
Most Asian stocks declined on Monday amid uncertainty about what a potential change in administration in the United States might entail for the region. The unexpected interest rate cut in China did little to lift trader sentiment. While…
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