Regional elections risks may impact EUR, warns Citi
Citi has highlighted the potential for increased political risks in Europe as German regional elections are set to commence on September 1. According to Citi European Economics, the elections could…
Red Sea insurance nearly doubles after attacked oil tanker appears to leak oil
This post is originally published on INVESTING.
Gold falls on firmer dollar as US data takes spotlight
By Polina Devitt LONDON (Reuters) – Gold prices fell on Wednesday under pressure from a stronger dollar and uncertainty ahead of a key U.S. inflation report that could provide more…
Telegram CEO Durov Transferred to Paris Court as Legal Troubles Escalate: Report
Several reports have confirmed that Pavel Durov, the founder and CEO of Telegram, was taken to court from custody, Cointelegraph reported. According to sources close to the matter, Durov’s detention…
Oil prices fall as demand concerns offset Libya supply risks
By Arunima Kumar and Robert Harvey (Reuters) – Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic…
Citi turning neutral on aluminium and zinc after bullish targets reached
Investing.com — Analysts at Citi Research in a note dated Wednesday shifted to a neutral stance on aluminium and zinc in the short term, following the realization of its previously…
Oil prices slip lower, retreating after recent hefty gains
Investing.com – Oil prices fell Wednesday, handing back some recent profits despite another outsized draw in U.S. inventories, tensions in the Middle East and potential supply disruptions in Libya. At…
Rapid LNG supply growth through end of decade poses risk to prices: Wells Fargo
Investing.com — The global Liquefied Natural Gas (OTC:LNGLF) (LNG) market is poised for growth through the end of the decade. As per analysts at Wells Fargo in a note dated…
Spain proposes Energy Minister Ribera for EU Commissioner post
By Belén Carreño MADRID (Reuters) – Spain has proposed its Energy and Environment Minister Teresa Ribera as a European Union Commissioner, a government spokesperson said on Wednesday. Ribera has shepherded…
Citi sees limited upside for USD/JPY, expects rebound before dip
Citi has provided commentary on the USD/JPY currency pair, drawing parallels to historical currency movements and forecasting potential future trends. The financial services company suggested that while the upside for…
