Stocks lower, China’s offshore yuan hits record low
Japanese yen nears 150 against the U.S. dollar The Japanese yen edged close to 150 against the greenback, at levels not seen since August 1990. It was last at 149.94…
Asia-Pacific markets mixed, Hong Kong’s property stocks gain ahead of John Lee’s speech
Hong Kong property stocks rise ahead of annual policy address Shares of Hong Kong-listed real estate companies rose in morning trade ahead of Chief Executive John Lee’s policy address. China…
The oil trade may have more juice despite a losing week
Even though WTI crude just saw its worst week in more than two months, the oil trade may have more juice left in the tank. Mirae Asset Securities’ Chris Hempstead…
Asia-Pacific markets fall ahead of U.S. inflation data
Japanese yen’s further weakening shows Tokyo is not ‘drawing the line in the sand’: RBC Capital Japan has sufficient foreign reserves that it could use to defend its currency, but…
Defensives, trimming semis, Meta downgrade
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The defensives are the only…
Asia-Pacific markets fall ahead of U.S. jobs report
The logo of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), is displayed at the bourse in Tokyo, Japan, on Friday, Oct. 2, 2020. McKesson Fluoride…
U.S. delivers angry rebuke of massive OPEC+ production cut
Energy analysts believe the deep production cuts could yet backfire for OPEC kingpin and U.S. ally Saudi Arabia. Mandel Ngan | Afp | Getty Images The White House angrily pushed…
OPEC+ imposes deep production cuts in a bid to shore up prices
Oil prices have fallen to roughly $80 from over $120 in early June amid growing fears about the prospect of a global economic recession. Bloomberg | Getty Images A group…
Three things to watch for from the OPEC meeting, including a likely market-moving supply cut
The always unpredictable OPEC did one of the more ‘OPEC-y’ things ever and pivoted on short notice to an in-person meeting. The original gathering was designed to be a continuation…
Oil prices could soon return to $100 a barrel, analysts say
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start of the coronavirus pandemic this week, a historic…