Oil drops as investors look past Biden exit, focus on weak fundamentals

By Shariq Khan NEW YORK (Reuters) -Oil prices fell for a second consecutive session on Monday to hit their lowest in over a month, as investors looked past U.S. president…

Dollar gains slight safe-haven bids after Biden ends re-election campaign

By Stefano Rebaudo (Reuters) – The dollar eased slightly against a basket of currencies on Monday while dropping versus the yen as investors focused on U.S. President Joe Biden’s decision…

Oil prices fall as investors take stock of Biden exit, rate cuts in focus

By Paul Carsten and Georgina McCartney LONDON (Reuters) -Oil prices fell on Monday after Joe Biden announced he would not seek a second term as U.S. president, while investors considered…

Chinese truck and food makers attempt to regain consumer trust after tanker scandal

By Mei Mei Chu BEIJING (Reuters) – China’s truck manufacturers released safety standards for vehicles carrying edible oil on Monday, as firms attempt to regain consumer trust after a report…

Oil prices slip despite Chinese interest rate cut; Gaza ceasefire in focus

Investing.com — Oil prices slipped lower Monday, continuing the previous week’s selloff amid concerns about the economic health of top importer China after the country unexpectedly lowered borrowing costs. At…

Oil prices dip after Biden exit, rate outlook remains in focus

By Paul Carsten LONDON (Reuters) -Oil prices dipped on Monday after Joe Biden announced he would not seek a second term as U.S. president and while investors watched for more…

Politics May Drown Mexican Peso. Forecast as of 22.07.2024

In 2022-2023, USDMXN bears succeeded due to the carry trade, the weakness of the Japanese yen, the strength of the US economy, and other factors. However, the situation changed significantly…

Oil prices stable after Biden exit while rate outlook remains in focus

By Katya Golubkova and Colleen Howe TOKYO (Reuters) -Oil prices rose in Asia on Monday as investors watched for further signs that the U.S. might start to cut interest rates…

Dollar falls slightly as Biden ends re-election bid, drops vs yen

By Kevin Buckland and Stefano Rebaudo (Reuters) -The dollar eased slightly against a basket of currencies on Monday while dropping sharply versus the yen as investors focused on U.S. President…

Amplats says on track to demerge in 2025, plans secondary London listing

JOHANNESBURG (Reuters) -South Africa’s Anglo American (JO:AGLJ) Platinum (Amplats) expects its demerger from parent company Anglo American to be completed next year and is planning a secondary listing in London,…