SHANGHAI (Reuters) - Asian shares rose early on Monday, taking support from Wall Street’s gains on Friday after U.S. Federal Reserve Chairman Jerome Powell said a gradual approach to raising rates was best to protect the U.S. economy and job growth.
SINGAPORE (Reuters) - Oil prices dipped slightly on Monday on concerns that a U.S.-China trade dispute will erode global economic growth, although looming U.S. sanctions against Iran’s oil sector kept crude from falling further, traders said.
JACKSON HOLE, Wyo. (Reuters) - Increasing consensus at the Federal Reserve on the need to continue raising U.S. interest rates was on display at the start of a global central bankers meeting here, as the longstanding distinction between so-called policy hawks, centrists and doves blurs in the face of falling unemployment.
WASHINGTON/BEIJING (Reuters) - U.S. and Chinese officials ended two days of talks on Thursday with no major breakthrough as their trade war escalated with activation of another round of dueling tariffs on $16 billion worth of each country’s goods.
TOKYO (Reuters) - The dollar held onto recent gains in early trade on Friday after U.S. and Chinese officials ended two days of trade talks without any major breakthroughs.
SINGAPORE (Reuters) - Oil markets were steady on Friday as the unresolved trade dispute between Washington and Beijing muted activity.