Stock Selloff Eases in Asian Trade, Oil Declines: Markets Wrap
9 Articles
9 Articles
After the recent losses, investors in Asia are picking up again. Strong business figures and hopes for government support measures in China are boosting.
Stock Selloff Eases in Asian Trade, Oil Declines: Markets Wrap
(Bloomberg) -- A selloff in stocks eased during Asian trading on Monday as regional equities fell less than their Wall Street peers and US equity futures turned higher. Oil declined.
Oil Declines Ahead of Midterm Elections Despite Hormuz Attacks
Economy - As diplomatic efforts to resolve the US-Iran conflict intensified, oil prices fell by approximately a percentage point in the first trading sessions of the week, dropping to the $110 mark. Gold and silver also continued their sharp declines.
Oil Prices Fall Nearly 3% as Trump Urges Netanyahu to Give Iran Diplomacy More Time Ahead of US Midterm Elections; Brent Crude Drops to $110 Per Barrel
Brent crude fell nearly 3% to $110 per barrel, while WTI declined to $103.10 as diplomatic efforts to end the US-Israeli conflict with Iran raised hopes of easing supply disruptions. However, uncertainty over the Strait of Hormuz and the possibility of renewed military action continue to threaten global oil supplies.
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