Column – 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…
Harris Campaign Faces Scrutiny After Biden’s Exit
Daily Updates, world events Harris Campaign Faces Scrutiny After Biden’s Exit by Kashish Murarka · July 23, 2024 The Harris campaign faces intense scrutiny and pressure following President…
Aussie, kiwi dollars struggle on China’s rate cuts; yen gains
By Rae Wee SINGAPORE (Reuters) -The Australian and New Zealand dollars struggled to regain their footing on Tuesday after China’s move to cut several key interest rates, while the yen…
Gold prices struggle around $2,400; Copper battered by China woes
Investing.com– Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal…
Asia FX firms as dollar stalls amid rate cut bets, political uncertainty
Investing.com– Most Asian currencies drifted higher on Tuesday, while the dollar retreated as the greenback’s rebound was held back by continued expectations of interest rate cuts and uncertainty over the…
Oil steadies, weighed down by predicted surplus amid weak demand
By Laila Kearney and 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…
Oil prices down to 1-½ mth low on weak outlook, surplus fears
Investing.com– Oil prices fell in Asian trade on Tuesday, reaching their weakest levels since mid-June as expectations of a supply surplus and uncertainty over demand continued to chip away at…
Oil prices fall on predictions of swelling crude inventories, weak demand
By Laila Kearney NEW YORK (Reuters) – Oil prices slipped for a third trading session on Tuesday as investors focused on the prospect of swelling oil supplies and weak demand,…
US senators introduce bill to speed approvals of energy projects
By Timothy Gardner WASHINGTON (Reuters) – The top two lawmakers on the Senate energy committee on Monday introduced long-awaited legislation to speed permitting of power transmission, mining and liquefied natural…
US dollar rises slightly after Biden ends presidential campaign
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar was slightly higher on Monday in quiet trading overall, as investors digested U.S. President Joe Biden’s decision to end his re-election…
