Day: August 23, 2022

The au Jibun Bank Japan Manufacturing PMI declined to 51 in August of 2022 from a final 52.1 in July, a preliminary reading showed. While marking the 19th month of expansion in the sector, the latest figure was the lowest in the...

WTI crude futures rose toward $91 per barrel on Tuesday after Saudi Arabia warned that OPEC+ could reduce output to counter sharp declines in oil prices. Saudi Oil Minister Prince Abdulaziz bin Salman told Bloomberg that extreme...

The S&P Global Eurozone Manufacturing PMI edged lower to 49.7 in August of 2022 from 49.8 in July, preliminary estimates showed. The reading pointed to the biggest decline in factory activity since June of 2020, although it...

The dollar index held above 109 on Tuesday, closing in on its highest level since September 2002, supported by safe haven flows and expectations that the Federal Reserve will move ahead with its aggressive tightening plan to...

Asian bourses came under pressure on Tuesday as investors grapple with uncertainty over when inflation will peak, the extension of central banks’ tightening to get it under control, and how much it will impact growth. The...