Japan’s Monetary Base 19.8% vs. 21.2% forecast

Japan’s monetary base fell unexpectedly last month, official data showed on Monday.In a report, Bank of Japan said that Japan’s Monetary Base fell to 19.8%, from 20.3% in the preceding month.Analysts had expected Japan’s Monetary Base to rise to 21.2% last month.

Crude drifts weaker in Asia with market looking to API estimates

Crude prices drifted weaker on Tuesday in Asia with the latest weekly estimates on crude and refined product inventories to take center stage. On the New York Mercantile Exchange crude futures for June delivery fell 0.29% to $48.71 a barrel, while on London's Intercontinental Exchange, Brent las ...

South Korean CPI 1.9% vs. 2.0% forecast

Consumer price inflation in South Korea fell more-than-expected last month, official data showed on Monday.In a report, Korea National Statistical Office said that South Korean CPI fell to a seasonally adjusted annual rate of 1.9%, from 2.2% in the preceding month.Analysts had expected South Korea ...

Dollar higher amid thin trading volumes

Investing.com – The dollar traded higher against a basket of major currencies on Monday, despite the release of downbeat economic data while bullish comments from U.S. Treasury Secretary Steven Mnuchin had little impact on the greenback. The U.S. dollar index, which measures the greenback’s ...

U.S. stock futures higher as government shutdown averted

Investing.com - U.S. stock futures pointed to a modestly higher open on Monday after Congressional leaders reached a deal to fund the government until the end of September, averting a government shutdown. The spending package, which includes a $12.5 billion increase for defense and $1.5 billion fo ...

Oil lower after Chinese data, U.S. rig count

Investing.com - Oil was lower Monday as a slowdown in Chinese manufacturing activity in April weighed on the demand outlook.U.S. crude was off 27 cents, or 0.55%, at $49.06 at 04:45 ET.Brent crude shed 32 cents, or 0.61%, to $51.73.Increased U.S. drilling activity also weighed on the outlook fo ...

Dollar edges higher as U.S. shutdown avoided

Investing.com - The dollar edged higher Monday as a U.S. government shutdown was avoided.The dollar index was up 0.14% at 99.03 with many markets in Asia and Europe closed for the Labor Day holiday.Congressional lawmakers have agreed a spending deal to keep the federal government funded through t ...

Gold falls toward 3-week low after Congress reaches spending deal

Investing.com - Gold prices declined in European trading on Monday, falling toward a three-week low after U.S. congressional leaders reached an agreement to fund the government through the fall. Comex gold futures lost $4.50, or around 0.4%, to $1,263.80 a troy ounce by 2:55AM ET (06:55GMT) ...

Dollar edges higher in holiday-thinned trade, euro dips

Investing.com - The dollar edged higher against a basket of the other major currencies in quiet trade on Monday, with several markets in Asia and Europe closed for the May Day holiday. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major ...