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July 17, 2024

Oil Prices Steady in Early Asian Trade

Singapore: Oil prices were steady in early Asian trade on Wednesday, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.

Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62

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Qatar Stock Exchange Index Starts Trading Down 0.24 %

Doha: Qatar Stock Exchange index declined by 0.24% at the beginning of Wednesday’s trading, losing 24.25 points and dropping to the level of 10,169 points, pressured by six sectors.

Qatar Stock Exchange attributed the decline in the general index to

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Dollar Eases Due to Possible Fed Rate Cuts

Singapore: The dollar was broadly weaker on Wednesday after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.

The New Zealand dol…

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