Tina Teng News

Investing.com -- U.S. stock markets slump as a December rally pauses, while Treasury yields dip as traders stick to bets that the Federal Reserve will roll out interest rate cuts early next year. Elsewhere, Micron (NASDAQ:MU) delivers a stronger-than-anticipated current-quarter revenue outlook, fueling a premarket jump in shares in the closely-watched memory chipmaker.

Oil prices were little changed in early trading on Tuesday as global growth concerns, U.S. tariffs and Russia-Ukraine ceasefire talks offset increased instability in the Middle East that could impact supply. Brent futures ticked up 10 cents, or 0.14%, to $71.17 a barrel by 0135 GMT, while U.S. West Texas Intermediate crude futures rose 7 cents, or 0.1%, to $67.65 a barrel.

Bitcoin, considered part of the so-called 'Trump trade', has gathered pace since the US election outcome as investors have continued to gain confidence in political support for the cryptocurrency.

By Stephanie Kelly and Andrew Hayley

SINGAPORE (Reuters) — Oil prices held steady on Tuesday amid uncertainty over voluntary output cuts by OPEC+ and as continued tension in the Middle East spurred supply concern.

By Florence Tan

Brent crude futures were up 42 cents at $81.84 a barrel by 1459 GMT, having settled 0.7% down in the previous session. U.S. West Texas Intermediate crude were down 33 cents from Wednesday's close, dropping to $76.77.

By Colleen Howe

By Stephanie Kelly and Andrew Hayley

By Rae Wee

global currencies were steady early on Monday but seemed poised to extend last week's uptrend as the dollar nursed its losses after the Federal Reserve dialled down its hawkish rhetoric. The dollar index was flat at 105.11, with the euro at $1.0726. The dollar index declined more than 1% last week, its heaviest fall since mid-July and hit a six-week low. World stocks too had their strongest week in a year as expectations the Fed was done raising rates gathered steam.

By Alex Lawler

By Rae Wee

chipmakers, diamond processors and software-services providers. Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute. “The Israel-Hamas conflicts over the weekend may escalate geopolitical tensions in the Middle East region, causing risk-off trades,” Tina Teng, an analyst at CMC Markets wrote in a note. “Markets will be concerned about the rippling effects to the region.” The MSCI Asia Pacific Index treaded water as markets in Japan, South Korea and Taiwan were closed for a holiday, while trading in Hong Kong was halted due to a typhoon. Here are some global themes to watch: Technology Chip stocks from Nvidia Corp.

By Rae Wee

By Robert Harvey

By Florence Tan

Oil prices rose to their highest level in 10 months on Friday, after China cut banks' cash reserve requirements to boost its economic recovery, and on expectations that major global interest rate hike cycles were nearing their end. Brent crude rose 46 cents, or 0.5%, to $94.16 as of 0027 GMT, while the U.S. West Texas Intermediate crude (WTI) was up 0.6% at $90.74.

By Florence Tan and Sudarshan Varadhan

Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. Brent crude rose 22 cents, or 0.3%, to $84.70 a barrel by 0049 GMT while U.S.

Elon Musk's SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin's freak price dip.