Oil prices drop 1% as US recession fears offset risks in Mideast
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…
SNB declines comment on recent Swiss franc appreciation
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US Dollar to Pay Price for Fed Mistakes. Forecast as of 05.08.2024
The US labor market report for July indicated a slowdown in employment across all indicators. This increased the likelihood of an impending recession and raised the probability of the Federal…
XTB Sees “Well-Oiled Machine” as H1 2024 Revenue Jumps to Record $938M
The publicly-listed Polish retail trading company XTB has announced record-breaking revenue for the first half of 2024, showcasing growth across key metrics and outlining plans for product expansion in the…
Oil prices slip, US recession fears offset Mideast supply worries
By Florence Tan SINGAPORE (Reuters) – Oil prices hovered at eight-month lows on Monday as fears of a recession in the United States, the world’s top oil consumer, offset concerns…
Oil falls, Brent settles at 7-month low after disappointing US job numbers
(Corrects headline and paragraph 1 in Aug 2 oil report to indicate it was Brent that settled at a 7-month low) By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on…
Column-Gold’s run to record high may crimp demand: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) – Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may…
Yen rises to 7-month highs as US slowdown fears spill over
By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen hit its highest levels against the dollar since January on Monday, as markets extended moves triggered last week after weak U.S. labour data…
Hurricane Debby takes aim at Florida’s Gulf Coast, expected to slog up East Coast
By Rich McKay (Reuters) – Hurricane Debby is expected to slam into the Big Bend region of Florida’s Gulf Coast by midday on Monday before slowly crossing the state, causing…
Gold prices rise close to record highs amid recession fears, rate cut bets
Investing.com– Gold prices rose in Asian trade on Monday and were trading in sight of record highs as the yellow metal benefited from increased safe haven demand amid heightened concerns…
