Environment Ministry to Host Seedling Promotion and Distribution Exhibition in July | Prime Minister Celebrates Arrival of First AirAsia Cambodia Aircraft in Phnom Penh | Cambodia Reaffirms Commitment to Ottawa Convention on Landmines | Phnom Penh Gears Up for Its First Major Car Show at The Premier Centre Sen Sok |

FINANCE Monday 11th JULY

The CSX Index is currently at 485.33 Points down 1.81 Points or 0.37%

The national bank of Cambodia's Daily Exchange Rate is 4,081KHR to the USD$ Now a look at what else is happing in finance around the world.

Gasoline drops in Cambodia

With the roller-coaster of oil prices and prices of gasoline rising Cambodia will receive a bit of relief today as gasoline prices will drop 400 riels. Currently, gasoline is 6200 riel it will drop to 5800 riels. A bit of a relief for motorists.

SHARES SLIDE AHEAD OF U.S. INFLATION DATA, EARNINGS HURDLES

The STOXX index of European shares fell 1.3% (.STOXX), with S&P 500 futures down 0.8% and Nasdaq futures off 0.9% as an upbeat U.S. June payrolls report raised expectations of a 75 basis point hike from the Federal Reserve.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) slipped 1.8%, while Chinese blue chips (.CSI300) lost 1.9% after Shanghai discovered a COVID-19 case involving a new subvariant, Omicron BA.5.2.1.

Brent was trading down $1.27 lower at $105.76, while U.S. crude slipped $1.43 to $103.36 per barrel.


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