Gold prices pulled off record high as dollar recovers amid inflation watch
Investing.com– Gold prices fell slightly in Asian trade on Wednesday as the dollar recovered from 13-month lows, with focus remaining on key upcoming inflation data for more cues on interest…
Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI
Investing.com– Most Asian currencies ticked lower on Wednesday as the dollar recouped more of its recent losses, while the Australian dollar was an outlier as sticky inflation data furthered the…
Oil rebounds as geopolitics, demand concerns whipsaw investors
(Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses…
Oil prices rise on signs on US inventory draw, supply risks
Investing.com– Oil prices rose in Asian trade on Wednesday, buoyed by industry data pointing to another outsized draw in U.S. inventories, while tensions in the Middle East and supply disruptions…
Economic calendar for the week 02.09.2024 – 08.09.2024
Market participants are trying to predict if the US Fed will lower interest rates at its meeting in September. Many experts believe there’s a nearly 100% chance of a rate…
Mexico freezes relations with US, Canadian embassies which criticized judicial reform
By Ana Isabel Martinez and Kylie Madry MEXICO CITY (Reuters) -The Mexican government has paused its relationship with the U.S. and Canadian embassies in the country, President Andres Manuel Lopez…
EU faces lawsuits over emissions rules, ‘green’ label for planes
By Kate Abnett and Simon Jessop BRUSSELS (Reuters) -Environmental campaigners have taken the European Commission to court, seeking to force Brussels to upgrade its emissions rules for 2030 and, in…
US oil futures in slight boost after API shows larger decline in crude stocks
Investing.com — U.S. crude oil futures received a slight boost in post-settlement trading Tuesday after the American Petroleum Institute reported a larger-than-expected decline in weekly domestic crude stocks. Crude Oil…
US dollar retreats, sterling hits more than two-year high
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest against the U.S. dollar in more than two years on Tuesday, while the greenback slipped broadly…
