Oil Gains a Second Day as Return of Iranian Crude Seen Gradual

Oil rose a second day amid speculation Iran’s export increase will be gradual after it agreed to limit its nuclear program, curbing prospects a global glut may worsen. Futures advanced as much as 0.9 percent in New York. Iran may boost exports by 200,000 to 400,000 barrels a day in 2016 and production will likely expand the following year, according to Goldman Sachs Group Inc. Israeli Prime Minister Benjamin Netanyahu condemned the...

Gold Steady as Investors Assess Prospects for Higher U.S. Rates

Gold fluctuated between gains and losses as investors await Janet Yellen’s testimony to assess the outlook for U.S interest-rate increases. Bullion for immediate delivery rose and fell 0.1 percent, and traded at $1,156.18 an ounce at 8:37 a.m. in Singapore, according to Bloomberg generic pricing. The metal retreated for a second day to close at $1,156.06 on Tuesday. Gold has declined 2.4 percent this year as speculation that the U.S....

Japan Shares Climb Before BOJ Decision as Instrument Makers Gain

Japan’s Topix index rose for a fourth day, following U.S. equities higher, as investors awaited a Bank of Japan policy decision. Precision-instrument and drug makers led the advance. The Topix added 0.5 percent to 1,647.03 as of 9:18 a.m. in Tokyo after climbing 3.7 percent the previous three days. The Nikkei 225 Stock Average rose 0.5 percent to 20,482.44. The Standard & Poor’s 500 Index advanced for a fourth day on Tuesday as...

Indeks Saham Asia Meningkat Jelang Rilis Data China

Saham Asia naik menjelang rilis data ekonomi China, mengirim indeks regional bersiap untuk mencatat penguatan terpanjang sejak April lalu di tengah rebound di pasar saham global. Obligasi dan minyak naik, sementara gandum dipimpin penurunan indeks berjangka. Indeks MSCI Asia Pacific naik sebesar 0,4 persen pukul 09:21 di Tokyo, ditetapkan untuk penutupan tertinggi sejak 3 Juli lalu seiring indeks saham dari Jepang hingga Korea menguat...

U.S. Stocks Gain for Fourth Day as Chipmakers, Biotech Advance

U.S. stocks posted for their first four-day winning streak since January, as semiconductor and biotechnology shares rallied while weaker-than-expected retail sales spurred speculation on timing for higher interest rates. The Standard & Poor’s 500 Index rose 0.4 percent to 2,108.86 at 4 p.m. in New York, with the gauge surging above its average price during the past 50 days and closing at a three-week high. A report today showed...