Oil prices settle lower to snap three-session win streak; fresh inventory data due

Investing.com– Oil prices fell Tuesday, cooling after a strong rebound in recent sessions with traders seeking more cues on production disruptions in Libya and a wider war in the Middle…

Venezuela’s Maduro shakes up cabinet after contested election

CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested…

Venezuela’s Maduro makes major cabinet changes after contested election

CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested…

US has ‘significant concerns’ about proposed popular election of Mexican judges, embassy says

MEXICO CITY (Reuters) – The United States has “significant concerns” about issues which could spring up as a result of the popular election of judges in Mexico, the U.S. embassy…

Mexico freezes relations with US, Canadian embassies after judicial reform criticism

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…

Recession Alert: The U.S. Economy Faces a Tough Road Ahead

The term recession is becoming a frequent topic in discussions surrounding the U.S. economy. As economists and strategists weigh in, many agree that a recession is imminent. The U.S. economy,…

UBS sees EUR/CHF slipping amid rate cuts

UBS has revised its forecast for the EUR/CHF currency pair, anticipating a slight decline to 0.93 in the second half of 2024. The global economy’s soft landing has been favorable…

UBS sees GBP/CHF range-bound amid central bank moves

UBS’ latest commentary on the GBP/CHF currency pair indicates expectations for range trading in the near term, with its analysis highlighting the contrasting monetary policies of the Swiss National Bank…

UBS sees stable EUR/GBP with slight GBP advantage

UBS, on Tuesday, noted a stable outlook on the EUR/GBP rate with a slight downward bias for the pair, attributing the stability to similar monetary policy cycles between the Bank…

Oil prices fall 2% on economic worries, technical decline

By Paul Carsten LONDON (Reuters) -Oil prices slipped on Tuesday after rebounding more than 7% over the previous three sessions on supply concerns prompted by fears of widening Middle East…