Gold prices rose on Thursday, supported by the decline in the dollar, but they are moving within a relatively narrow range amid caution ahead of the release of US inflation data that may affect future Federal Reserve decisions on raising interest rates. Spot gold rose 0.3 percent to $1,710.62 an …

Oil prices stabilized on Thursday, after falling for three days, affected by the renewal of anti-Covid-19 restrictions in China, the largest importer of crude in the world, as well as by traders’ anticipation of US inflation data that may provide indications regarding future interest rate hikes. By 0534 hrs, Brent …

The dollar settled near a two-month low against the euro on Wednesday as investors awaited the results of the US midterm elections and inflation data due this week that will guide speculation on the path of a future US interest rate hike. Cryptocurrencies are also high on investor interest, stabilizing …

According to official data, China’s producer price index deflated for the first time since 2020, affected by lower iron and steel prices. The Producer Price Index, which measures the prices of raw materials and other input costs, shrank 1.3% in October from a year ago, a Reuters poll showed, slightly …

European shares fell on Wednesday, though gains by Germany’s Printage limited losses, while investors awaited the results of the US midterm elections to see the course of US policy. The pan-European Stoxx 600 index was down 0.2 percent by 0813 GMT. Shares in Printage Chemical Distribution rose 1.6 percent after …

The Nikkei index closed lower on Wednesday after approaching a two-month high in the previous session, and Nintendo shares fell on lower profits as investors cautiously awaited US inflation data to speculate on the path of a future US interest rate hike. The Nikkei’s losses increased in the evening session, …

Gold fell on Wednesday from a one-month high hit in the previous session. Yet, prices remained in a relatively narrow range, as investors remain cautious in anticipation of US inflation data due this week. Spot gold fell 0.2 percent to $1,709.60 an ounce by 0644 GMT. US gold futures fell …

Disney revealed its quarterly business results for the fourth fiscal quarter, which came in below expectations. Earnings per share: 30 cents versus Refinitiv’s forecast of 55 cents Revenue: $20.15 billion compared to forecast of $21.24 billion Number of Disney Plus subscriptions: up 12.1 million to 164.2 million at the end …

Oil prices fell on Wednesday after data showed that US crude stocks rose more than expected amid fears that demand for fuel will be dented by the increase in Covid-19 cases in China, the world’s largest importer of crude. Brent crude futures fell 44 cents, or 0.5 percent, to $94.92 …

According to Reuters, Turkish Energy Minister Fatih Donmez said on Tuesday that Turkey has started paying in Russian rubles for some of its natural gas purchases from Russiam. In an interview with the TRT news channel of the Turkish Radio and Television Corporation, Donmez said the share of payments in …