Ritu

Oil Prices Rise On OPEC+ Hopes, But Set For Steep Weekly Losses 0
- Uncategorized
- March 17, 2023
Oil prices crept higher on Friday on the prospect of supportive measures by the OPEC+, although fears of an economic slowdown stemming from a banking crisis kept gains limited and put prices on course for their worst week this year. Media reports said that Saudi Arabian and Russian ministers met this week to discuss potential
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Asian Stocks Surge As Bank Bailouts Lift Spirits 0
- Uncategorized
- March 17, 2023
Asian stock markets rose on Friday, recovering from a series of sharp losses this week as government and institutional support to stem a potential banking crisis helped improve sentiment, while traders also priced in a less hawkish Federal Reserve. Chinese bourses were the best performers for the day, with the Shanghai Shenzhen CSI 300 and
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ECB Likely To Stick To Big Rate Hike Despite Banking Turmoil, Source Says 0
- Uncategorized
- March 15, 2023
European Central Bank policymakers are still leaning towards a half-percentage-point rate hike on Thursday, despite turmoil in the banking sector, as they expect inflation will remain too high in coming years, a source told Reuters. Investors had begun to doubt the ECB’s commitment to another big rate hike this week after the collapse of Silicon
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Asian Stocks Rise As Bank Rout Eases, Markets Bet On Less Hawkish Fed 0
- Uncategorized
- March 15, 2023
Most Asian stock markets rose on Wednesday, helped by a recovery in bank shares amid easing fears over a potential crisis in the U.S., while growing bets that the Federal Reserve will adopt a less hawkish stance also aided sentiment. Regional markets took positive cues from an overnight recovery on Wall Street, after consumer inflation
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