The Russian ruble rose during trading today, to the highest level in more than a month, to continue its gains for the fifth consecutive session, as oil prices stabilized after the recent decline, which somewhat reduced the impact of the decrease in the supply of foreign currencies in Russia. The …

Gold fell on Friday from near record highs as investors await more economic indicators, but it is still on track to post its best week in nearly two months as hopes of halting interest rate hikes in the United States and banking problems increased demand for a safe haven. And …

European stock markets traded higher Friday, as investors digested more corporate newsflow, the European Central Bank’s monetary policy decision ahead of the key U.S. jobs report. At 04:00 ET (08:00 GMT), the DAX index in Germany traded 0.3% higher, the FTSE 100 in the U.K. climbed 0.4%, and the CAC …

Adidas shares rose on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast “a bumpy year with disappointing numbers” for the German sportswear giant. Despite a 1% sales drop, an operating profit of 60 million euros ($66 million) beat analyst expectations of 15 million euros for the company which …

Oil prices rose in Asian trading on Friday, but were on track for a third consecutive weekly loss, after the markets witnessed sharp declines amid fears of a weak US economy and slowing Chinese demand. And by 0545 GMT, Brent crude rose 60 cents, or 0.8 percent, to $ 73.10 …

Gold prices stabilized on Friday, but were heading towards recording the largest weekly increase in nearly two months, as hopes of stopping the Federal Reserve raising interest rates and concerns of the banking sector boosted the appetite for the precious metal, which is considered a safe-haven asset. And by 0039 …

Russian Deputy Prime Minister Alexander Novak said on Thursday that Russia is committed to its voluntary pledge to cut oil production by 500,000 barrels per day from February until the end of the year. Russia is part of the OPEC + group of oil-producing countries that announced that they would …

European stocks fell on Thursday after investors received mixed signals from the Federal Reserve regarding monetary tightening, with the European Central Bank awaiting an interest rate decision later in the day. The pan-European Stoxx 600 index fell 0.8 percent, led by auto stocks, which fell 2.3 percent. The oil and …

Oil prices rose on Thursday, but could not recover from a decline of more than 9 percent in the past three days, as concerns about demand among major consumers outweighed signs that the United States may stop raising interest rates. Brent crude futures rose 50 cents, or 0.7%, to $72.83 …

The dollar fell against most major currencies on Thursday after the Federal Reserve opened the door to a pause in the tightening cycle, although risk aversion shocked markets amid a decline in US bank stocks. On Wednesday, the Fed raised the benchmark interest rate by a quarter of a percentage …