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Friday,
26-Apr-2024
09:20 (IST)
The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates projecting inflation to stay near its 2% target in the next three years, signalling its readiness to hike borrowing costs later this year. The central bank said it will keep buying government bonds based on guidance decided in March, when it pledged to buy roughly 6 trillion yen ($38.45 billion) per month. As widely expected, the BOJ maintained its short-term interest rate target at a range of 0-0.1%, which was set just a month ago when it made a historical exit from its massive stimulus programme. In a quar...
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Friday,
26-Apr-2024
08:18 (IST)
Oil prices rose in early trade on Friday, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak fir...
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Thursday,
25-Apr-2024
08:14 (IST)
Gold prices were stuck in a tight range on Thursday as investors looked to US economic data for further clarity on the Federal Reserve’s interest rate path. Spot gold was flat at US$2,317.03 per...
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Thursday,
25-Apr-2024
08:10 (IST)
Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding confl...
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Wednesday,
24-Apr-2024
08:19 (IST)
Gold prices edged lower on Wednesday, as fears of an escalation in the Middle East conflict eased, while investors waited for crucial US economic data that could shed more light on the timing of inter...
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Wednesday,
24-Apr-2024
08:10 (IST)
Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attenti...
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Tuesday,
23-Apr-2024
01:38 (IST)
Equities in Asia extended gains on Tuesday with a jump in Singapore shares, while currencies were largely subdued, still pressured by a strong U.S. dollar as markets have scaled back rate-cut expectat...
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Tuesday,
23-Apr-2024
08:37 (IST)
Gold prices edged up on Tuesday but hovered near a one-week low hit in the previous session, as worries over a wider Middle East conflict subsided, boosting investors’ risk appetite and lowering...
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Tuesday,
23-Apr-2024
08:04 (IST)
Oil prices steadied in Asian trading on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Global benchmark Brent ...
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Monday,
22-Apr-2024
08:15 (IST)
Oil prices fell at Asia's open on Monday, dragged down by a renewed focus on market fundamentals, as Israel and Iran played down the risks of an escalation of hostilities in the Middle East after ...
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