SINGAPORE, Aug 6 (Reuters) - U.S. crude oil futures were on track for their biggest weekly decline since late October on Friday, with prices coming under pressure as top consumers impose travel restrictions amid the spread of the Delta variant of the coronavirus.
SINGAPORE (Reuters) - The dollar was supported on Friday in the lead up to the release of U.S. employment data, as markets braced for the numbers that could make the case for faster U.S. policy tightening at a time when action in Europe and Japan remains distant.
China's July auto sales are estimated at 1.82 million units, down 9.7 percent from June and 13.8 percent from a year ago, data released Wednesday by the China Association of Automobile Manufacturers showed.
HONG KONG, Aug 5 (Reuters) - Asian shares held on to recent gains in morning trading on Thursday, despite hawkish remarks from a senior official at the U.S. Federal Reserve, that boosted the dollar while weighing on risk appetite, and uncertainty about Chinese policy.
WASHINGTON, Aug 4 (Reuters) - A measure of U.S. services industry activity jumped to a record high in July, boosted by the shift in spending to services from goods, but businesses continued to pay higher prices for inputs because of supply constraints.
WASHINGTON (Reuters) - The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday as a key architect of the Federal Reserve’s new policy strategy said he feels the conditions for raising interest rates could be met by the end of 2022.
