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Trump fear fans dollar rally as emerging markets sink ECONOMY

Trump fear fans dollar rally as emerging markets sink

The dollar soared against high-yielding currencies and Asian emerging markets sank Friday on the prospect of higher US interest rates, with dealers betting Donald Trump's planned huge spending policies will fire inflation.

4:45 AM November 25 2016
Dollar tanks as Trump takes lead in fiercely fought US election ECONOMY

Dollar tanks as Trump takes lead in fiercely fought US election

The dollar tumbled more than three percent against the yen while the Mexican peso sank to a record low on Wednesday, as Republican Donald Trump took a shocking lead in the fiercely-contested US election.

4:45 AM November 25 2016
Oil marches higher on Opec optimism ECONOMY

Oil marches higher on Opec optimism

Oil prices rose nearly 3% on Thursday, extending their rally on optimism over Opec's first output cut plan in eight years.

4:45 AM November 25 2016
Oil prices continue dip with stronger dollar ECONOMY

Oil prices continue dip with stronger dollar

Oil extended losses in Asia Tuesday as a stronger US dollar and progress in controlling wildfires in Canada's crude-producing Alberta province dampened prices.

4:45 AM November 25 2016
Oil prices fall on stronger dollar; Russia warns of longer glut ECONOMY

Oil prices fall on stronger dollar; Russia warns of longer glut

Oil prices fell by around one percent on Friday as a stronger dollar weighed and Russia warned that a global crude supply overhang could last into next year.

4:45 AM November 25 2016
IATA sees further decline in airfares ECONOMY

IATA sees further decline in airfares

Airfares are expected to fall further in the near future as prior declines in jet fuel prices feed through, IATA said but noted that the biggest stimulus to demand from oil prices appears to be over.

4:45 AM November 25 2016
Oil hits 2016 peaks again as weak dollar trumps global glut ECONOMY

Oil hits 2016 peaks again as weak dollar trumps global glut

Oil markets steadied on Thursday after scaling 2016 highs for a third day in a row on the back of a weak dollar as investors looked beyond record high US crude inventories and relentless pumping by major producers.

4:45 AM November 25 2016
Oil prices extend gains on dollar-slide, talk of oil producer meeting ECONOMY

Oil prices extend gains on dollar-slide, talk of oil producer meeting

Crude oil futures extended gains from the previous session on Thursday as a weaker dollar and unconfirmed talk of producers potentially meeting to discuss output cuts lifted the market despite record US stocks due to overproduction.

4:45 AM November 25 2016