Oil edged higher in the early Asian trade as supply-side pressures from U.S. sanctions against Russiaβs oil industry likely supported prices, Exness said.
The 10-year Treasury yield fell and ING said the consensus forecast for the U.S. December CPI data shows the report is unlikely to bring relief to the U.S. Treasury market of bearish pressures.
South Koreaβs benchmark Kospi ended almost flat, erasing early gains as sentiment was weighed by weak jobs data for December and the President was arrested for questioning over his short-lived martial law declaration last month.
The retired executive has alleged that the firmβs longtime investment chief, Kenneth Leech, defrauded some clients nearly a decade earlier than what federal prosecutors asserted in their recent criminal indictment.
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread β the difference between the front month contract and subsequent months.
U.S. natural gas futures shook off early losses and settled higher with an Arctic blast forecast for early next week seen surpassing recent steady cold.
U.K. borrowing costs and the British pound steadied, as Treasury Chief Rachel Reeves faced questions in Parliament around the recent turmoil in bond markets.
Americaβs biggest bank plans to launch a digital retail lender in Germany, Europeβs biggest economy but one with a notoriously unprofitable banking sector.