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Day: May 7, 2024

European Stocks Hit 1-Month High

Brussels, European shares hit a more-than-one-month high on Tuesday, as a slew of positive corporate earnings, including from Switzerland’s UBS (UBSG.S) and Italy’s UniCredit (CRDI.MI).

The pan-European STOXX 600 (.STOXX) index rose 0.6% after closi…

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Dollar Rises on Interest Rate Differentials

Tokyo, The US dollar gained 0.44% to 154.5635 yen, adding to its 0.58% rally from Monday.

On Friday, it sank as low as 151.86 yen for the first time since April 10, as softer-than-expected monthly US jobs data fed losses following Bank of Japan data…

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QSE Index Rises 0.22% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 20.74 points, or 0.22%, at the beginning of trading on Tuesday, reaching 9,659 points, compared to yesterday’s closing.

The general index was supported by a rise in six sectors: Real Estate b…

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Oil Prices Climb

Singapore, Oil prices continued to rise Tuesday, recovering somewhat from last week’s losses, since Monday’s closing.

Brent crude futures were up 23 cents, or 0.28%, at $83.56 per barrel, while US West Texas Intermediate (WTI) crude futures rose 24 …

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Gold Prices Edge Higher

Singapore, Gold prices edged higher on Tuesday, steered by bets that the US Federal Reserve would cut interest rates later this year and the demand for the metal as a safe-haven.

Spot gold was up 0.1% at $2,324.75 per ounce, after rising more than 1…

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