Page 862 - Reuters

Japanese yen fell the most against a resurgent US dollar on Friday

The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation.

After a dip, oil prices on track for weekly gain as recession fears ease

Oil prices dipped in early trade on Friday amid uncertainty on demand outlook based on contrasting views from OPEC and IEA, but benchmark contracts headed for weekly gains as recession fears eased.

Gold prices inch lower on rate hike expectations by Federal Reserve

Spot gold fell 0.1% to $1,789.83 per ounce by 1741 GMT

Satellite images show destruction at Russian air base in Crimea: Report

Russia has denied aircraft were damaged and said explosions seen at the base on Tuesday were accidental

Google opposes FB-backed proposal for self-regulatory body in India: Report

India in June proposed appointing a government panel to hear complaints from users about content moderation decisions

Crypto derivatives volumes surge to $3.12 trillion in July: Report

The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trn in July, CryptoCompare said

S&P 500 at three-month high on rising bets of smaller rate hikes

US producer prices fall in July, underlying inflation slows; Disney tops Netflix on streaming subscribers, shares jump; US weekly jobless claims rise for second straight week

US weekly jobless claims rise for second straight week

Initial claims for state unemployment benefits rose 14,000 to a seasonally adjusted 262,000 for the week ended Aug. 6, the Labor Department said on Thursday

OPEC, unlike IEA, sees lower 2022 oil demand growth, sticks to 2023 view

In a monthly report on Thursday, OPEC said it expects oil demand to rise by 3.1 million bpd, or 3.2%, in 2022, down 260,000 bpd from the previous forecast

HSBC overstated Asia spinoff risks, thinks top shareholder Ping An: Report

Ping An believes a spin-off would generate an additional $25 bn-$35 bn in market value and release over $8 bn in capital

Oil steady as International Energy Agency hikes 2022 demand growth forecast

Brent crude futures slipped 7 cents, or 0.1%, to $97.33 a barrel by 0829 GMT, while U.S. West Texas Intermediate crude futures eased 9 cents, or 0.1%, to $91.84.

Gold subdued on hawkish policy remarks by Fed after US inflation data

Spot gold fell 0.3% to $1,786.71 per ounce by 0852 GMT, after hitting its highest since July 5 at $1,807.79 on Wednesday.

India's HDFC to issue nearly 1-year CP - traders

Housing Development Finance Corp Ltd plans to raise funds through commercial papers maturing in nearly one year, three merchant bankers said on Thursday

Domestic airlines get a boost as Centre lifts cap on ticket prices

Shares of top airline IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to 2084.6 rupees while smaller rival SpiceJet Ltd jumped as much as 7% to 47.9 rupees

Rupee opens higher at 79.25 vs dollar as US inflation concerns ease

The Indian rupee opened higher against the dollar on Thursday as a decline in the US inflation rate boosted Asian currencies, lifting risk appetite

Gold retreats as US Fed hints at big rate hikes despite slowing inflation

US consumer prices did not rise in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years

Ukraine's creditors agree two-year freeze on $20 billion overseas debt

With no sign of peace or a ceasefire on the horizon nearly six months after Russia's invasion began, holders of around 75% of the outstanding total agreed to Kyiv's proposal

LNG traders absorb huge losses as supply outages hampers European store

Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a LNG supply gap after several outages hampered efforts to fill European storage

Copper hits five-week high after US data undershoots, dollar slides

Three month copper on the London Metal Exchange gained 1.3% to $8,089 a tonne by 1630 GMT, the highest since July 1, after earlier easing to $7,889

Fed seen delivering half-point rate hike in Sept as inflation eases

Traders now expect increases in the Fed's policy interest rate to top out in December at 3.25%-3.5%