Oil steadied below $109 a barrel at the start of the week’s trading, with traders weighing concerns that a global slowdown will drag down demand against supply interruptions and signs of tightness.
The poorest families in the UK were left “brutally exposed” to the cost of living crunch after almost two decades of income stagnation, the Resolution Foundation warned.
Taiwan’s dollar just posted its worst first half of a year on record and analysts foresee more losses as overseas investors exit the island’s equities.
Asian stocks may climb when trading begins Monday, providing some relief from the worries about slowing economic growth and sticky inflation that continue to cast a long shadow across markets.
The yen sinking to even deeper lows. Short sellers driving Japanese bond yields through the central bank’s target. Stocks on a rollercoaster ride and credit investors running for the sidelines.
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