Oil dips slightly as Asia observes Lunar New Year
Oil prices dipped slightly Monday, as much of Asia observed public holidays that kept many stock markets closed.
Oil prices dipped slightly Monday, as much of Asia observed public holidays that kept many stock markets closed.
Asian stock markets were boosted Tuesday by an upbeat report showing U.S. manufacturing grew in September month for the first time in four months.
Asian stock markets rose Thursday, underpinned by expectations the Federal Reserve will announce new measures to stimulate the U.S. economy.
Asian stock markets inched higher Monday amid continued optimism over Europe’s moves to ease its debt crisis and economic malaise.
Asian stocks were mostly higher in choppy trading on Wednesday following a big rally in US markets, though gains were limited by persistent worries over Europe’s ability to contain a simmering debt crisis.
Asian stock markets slumped Thursday amid new signs of pressure on Europe’s banking system and a downturn on Wall Street.
Asian stock markets jumped Monday, buoyed by hopes of progress in resolving Europe’s debt crisis and positive export figures from Japan that point toward a recovery from a devastating tsunami earlier this year.
Asian stocks dropped on Wednesday as worries over the state of the global economy hit confidence and a soaring yen weighed on the Japanese market.
