The U.S. dollar was little changed at 30.492 Taiwan dollars TWD=TP, and Taiwan stocks .TWII closed about 0.1 percent higher.
The New Zealand dollar NZD= was steady at $0.7046 after the central bank held interest rates at a record low 1.75 percent, and reiterated it would remain there for a "considerable" period of time, citing global volatility and U.S. protectionism.
In commodities markets, oil prices rebounded, after touching their lowest level since November overnight on data that showed U.S. inventories, already at a record high, grew by far more than forecast.
Analysts said oil had found technical support and was being pushed up as traders took new long positions after the overnight low, but supply concerns kept the gains in check.
U.S. crude CLc1 added 0.75 percent to $48.40 a barrel on Thursday.
Global benchmark Brent LCOc1 climbed 0.7 percent to $50.99.
The dollar's recovery weighed on gold XAU=, which retreated 0.25 percent to $1,245.60 after hitting a three-week high overnight.
The New Zealand dollar NZD= was steady at $0.7046 after the central bank held interest rates at a record low 1.75 percent, and reiterated it would remain there for a "considerable" period of time, citing global volatility and U.S. protectionism.
In commodities markets, oil prices rebounded, after touching their lowest level since November overnight on data that showed U.S. inventories, already at a record high, grew by far more than forecast.
Analysts said oil had found technical support and was being pushed up as traders took new long positions after the overnight low, but supply concerns kept the gains in check.
U.S. crude CLc1 added 0.75 percent to $48.40 a barrel on Thursday.
Global benchmark Brent LCOc1 climbed 0.7 percent to $50.99.
The dollar's recovery weighed on gold XAU=, which retreated 0.25 percent to $1,245.60 after hitting a three-week high overnight.
No comments:
Post a Comment