Oil and gasoline prices climbed to 18-month highs as a batch of new economic reports provided more signs that the U.S. economy is back on steady footing and demand for crude will follow.
Die olieprys klim na ekonomiese aanwysers in die VSA wys na die einde van die resessie in die wêreld se grootste ekonomie, wat kan beteken dat die vraag na olie weer meer gaan word.
The United States has "a long way to go" in taming its stubbornly high unemployment rate, despite positive jobs creation news last week, top White House economic adviser Lawrence Summers says.
Die VSA het nog ‘n lang pad om te loop voor sy werkloosheidsprobleem in wese aangespreek word, sê die regering.
Asian stock markets fell Monday as worries about Greece's debt crisis and India's sudden interest rate hike rattled investors.
Die skuldkrisis in Griekeland en ‘n rentekoersverhoging in Griekeland dwing markte in Asië af vanoggend.
The dollar rose in thin trading Friday after a government report said the US economy added the most jobs in three years last month, signalling a recovery in the labour market.
Die Amerikaanse dollar is sterker Vrydag te midde van nuus dat Amerikaanse werkloosheid aan die krimp is.
China's commerce minister warned the United States on Sunday against imposing trade sanctions over Beijing's currency controls, and said his country was likely to report a trade deficit in March.
Oil prices rebounded in Asian trade on optimism that key data out of the US later this week will show the world's biggest economy was continuing its steady recovery, analysts said.
Die olieprys klim vanoggend in Asië te midde van positiewe sentiment oor die internasionale ekonomie.
Greek Prime Minister George Papandreou has told his Socialist party that the country would not default on its debt obligations.
Die Griekse Eerste Minister sê sy land is nie op die punt om bankrot te gaan nie.
Portugal's minority government is bracing for a tough battle over its planned austerity reforms after a parliamentary vote this week failed to gather support from opposition parties.
Die Portugese regering gaan sukkel om ekonomiese hervorming te bewerkstellig na ‘n beslissing verlede week deur teenpartye om nie hulle voorstelle te aanvaar nie.
OPEC is widely expected to maintain its official oil production quota when it meets this week, with the cartel satisfied with the current level of crude prices, analysts said.
OPEC sal na verwagting produksievlakke onveranderd laat wanneer die groep lande vandeesweek vergader.
The euro edged down against the dollar in Tokyo, weighed down by uncertainty over the Greek debt crisis heading into a crunch EU summit this week, dealers said.
Die euro verloor veld teen die dollar in Tokyo vanoggend en die ekonomiese krisis in Griekeland blyk steeds druk op die europese geldeenheid te sit.
Icelanders' massive rejection of a deal to pay Britain and the Netherlands billions over the collapse of the Icesave bank was no surprise, Iceland's prime minister said after partial referendum results Saturday.
Die besluit van Ysland om nie Brittanje en Nederland terug te betaal vir biljoene wat geleen is om die Icesave Bank te red nie, is nie ‘n verassing nie.
