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TOKYO – The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained a whisker away from what markets believe to be the line in the sand for Japanese authorities to intervene.

The tech-heavy Nasdaq Composite Index, boosted by chips, enjoyed a more substantial advance, with the S&P 500 nominally higher

The share of the Chinese yuan on Russia’s foreign exchange market hit an all-time high in March, the Bank of Russia (CBR) reported in its financial risk review on Monday.

Gold prices hit a record high on Tuesday for an eighth consecutive session on geopolitical worries and support from momentum-following funds.

Gold prices extended their record rally on Monday, supported by speculative buying and continued tensions in the Middle East, which overshadowed strong U.S. job growth in March.

Gold prices were headed for their third straight week of gains on Friday ahead of the much-awaited U.S. non-farm payrolls data, supported by strong safe-haven inflows and prospects for lower U.S. interest rates this year.

Spot gold was up 0.1% at $2,300.53 per ounce Gold surged to a record high on Thursday, as Federal Reserve…

Gold prices posted their fifth straight record peak on Thursday as Federal Reserve officials reiterated expectations of interest rate cuts in 2024, even if their timing was unclear, while traders await key U.S. jobs data.

Egypt’s trade balance deficit dropped by 37.2% year on year (YoY) to $2.08 billion in January, Asharq Business reported, citing the Central Agency for Public Mobilization and Statistics (CAPMAS).

Oman’s debt capital market (DCM) shrank by 7% year-on-year (YoY) to $44 billion in 2023 as the government pre-paid more of its debt using the budget surplus from high oil prices, Fitch Ratings said in a new report.