Page 115 - Texas Intermediate News Today

(Bloomberg) -- Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. Oil fell as Israel said it would pull some troops out from Gaza.Most Read from BloombergTrumpism Is Emptying ChurchesRBC Fires CFO Ahn After Probe Into Personal RelationshipSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomThe Odds of $100 Oil Are Rising as Supply Shocks Convulse the MarketTurkey Joins NATO Allies in Suspending Europe Arms TreatyBenchmark equity indexes

Asian markets fluctuated Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June.

SINGAPORE: Oil prices slid more than $1 a barrel on Monday, with Brent falling below $90, as Middle East tensions...

Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.

Most Asian markets squeezed out gains Monday as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting US jobs report dented hopes for a first move in June. The sliver of hope for a halt to fighting weighed on oil prices Monday, with both main contracts down more than one percent.

(Bloomberg) — Asian stocks followed gains on Wall Street after better-than-expected US payrolls data on Friday. Oil retreated more than 1% as traders monitored geopolitical tensions in the Middle East. Japanese shares led the region higher, while those in Taiwan and South Korea also advanced. Chinese equities fell as sentiment was damped by a winding…

Currency settles at 277.95 against the greenback in inter-bank market

Brent crude futures were down 62 cents to $90.55 a barrel by 1233 GMT, while U.S. West Texas Intermediate crude was down 52 cents at $86.39

KUALA LUMPUR: The FBM KLCI ended firmer today in sync with regional markets, on the back of follow-through interest.

Two cuts now seen as the most likely Fed action.