Yen surges on possible intervention, sterling hits one-year high

By Chuck Mikolajczak NEW YORK (Reuters) -The yen rose sharply on Wednesday in a move that was suspected to be the result of another intervention from Japanese officials to buttress…

Oil prices settle higher as large US inventory draw points to improving demand

Investing.com– Oil prices rose Wednesday, rebounded from recent lows as signs of tighter U.S. supplies helped soothe some fears over worsening demand in the rest of the globe. At 09:25…

Oil prices gain 2% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs…

Nigeria’s president asks lawmakers to approve extra $4 billion in spending

ABUJA (Reuters) – Nigeria’s President Bola Tinubu has asked the Senate for an extra 6.2 trillion naira ($4 billion) in funding to plug shortfalls in this year’s national budget, according…

Visa’s Bold Move into BNPL

Visa’s strategic leap into the Buy Now, Pay Later arena represents a pivotal moment in the world of consumer finance, reshaping how people access and manage their money. By launching…

Yen jumps on possible intervention, sterling hits one-year high

By Rae Wee and Dhara Ranasinghe SINGAPORE/LONDON (Reuters) – The yen rose sharply on Wednesday in what traders suspected was likely the result of another intervention from Japanese authorities to…

Oil prices gain 1% on big US storage withdrawal, weaker US dollar

By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 1% on Wednesday on a bigger-than-expected weekly drop in U.S. crude stockpiles and as a weaker U.S. dollar overshadowed signs…

Nigeria’s president asks lawmakers for extra $4 billion funding

ABUJA (Reuters) – Nigeria’s President Bola Tinubu has asked the Senate for an extra 6.2 trillion naira ($4 billion) in funding to plug shortfalls in this year’s national budget, according…

Economic calendar for the week 22.07.2024 – 28.07.2024

Market participants are ignoring statements by the Fed leaders to the effect that they need to wait for more convincing signals about inflation going down to the target range of…

Oil prices rise after US inventory draw soothes demand fears

Investing.com– Oil prices rose Wednesday, rebounded from recent lows as signs of tighter U.S. supplies helped soothe some fears over worsening demand in the rest of the globe. At 09:25…