Oil extends losses on ceasefire talks, demand concerns
By Georgina McCartney and Robert Harvey LONDON (Reuters) -Oil prices fell for a third consecutive session on Tuesday, as growing expectations of a ceasefire in Gaza and demand concerns offset…
Oil prices fell on Gaza peace expectations, weak outlook, surplus fears
Investing.com– Oil prices slipped lower Tuesday, falling to their weakest levels since mid-June on growing expectations of a Gaza ceasefire as well as uncertainty over demand growth. At 09:05 ET…
AUD to MYR Forecast for 2024, 2025-2026 and Beyond
The AUD to MYR (Australian Dollar to Malaysian Ringgit) exchange rate forecast, drawn from various sources, presents a nuanced view of the currency pair’s expected performance. Answering the question, “Are…
Oil dips as Gaza ceasefire expectations grow
By Georgina McCartney LONDON (Reuters) -Oil prices were flat on Tuesday after a European Central Bank official hinted at a possible rate cut in September, offsetting pressure from renewed hopes…
China’s rate cuts fail to revive iron ore and copper: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – China’s first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually…
Aussie Falls Prey to Trump Trade. Forecast as of 23.07.2024
A resumption of trade wars could halve China’s economic growth. The currencies of trading partner countries will be the main victims. Should we be surprised by the fall of the…
Barclays remains bullish on US dollar amid political shifts
Barclays addressed concerns about the future of the U.S. dollar (USD), asserting that reports about its demise are overstated despite the current political climate. The firm’s confidence in the currency…
Oil flat as hopes of European rate cut offset possible Gaza ceasefire
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand, while…
Dollar steady, while yen strengthens ahead of BOJ meeting
Investing.com – The U.S. dollar traded in a stable fashion in Europe Tuesday, while the yen soared in the wake of suspected intervention by the government last week. At 05:40…
Goldman still bullish on gold, China underpinning demand outlook
Investing.com — Goldman Sachs said it remains bullish on gold in a note on Monday, citing both potential Fed rate cuts and China’s unwavering demand as key drivers, which have…
