July 1, 2024

Oil Edges Up in Early Trade Monday

Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter.

Brent crude futures rose 16 cents, or 0.2%, to $85.16 a barrel, while US West Tex…

Japan’s Stocks Rise

Tokyo stocks rose Monday morning after the Bank of Japan’s Tankan survey showed a better-than-expected improvement in sentiment among major manufacturers.

The 225-issue Nikkei Stock Average gained 104.32 points, or 0.26 percent, to 39,687.40.

The br…

Gold Remains Stable in Early Trade

Gold prices maintained firm in early Asian hours on Monday, bolstered by statistics showing that inflation in the United States has slowed, raising hopes that the Federal Reserve may begin decreasing interest rates this year.

The spot gold price rema…

Gold Remains Stable in Early Trade

Gold prices maintained firm in early Asian hours on Monday, bolstered by statistics showing that inflation in the United States has slowed, raising hopes that the Federal Reserve may begin decreasing interest rates this year.

The spot gold price rema…