Equities and oil divergence to continue for a while
Investing.com — Recent developments in financial markets suggest that the longstanding relationship between equities and oil prices has unraveled, with this divergence expected to continue in the foreseeable future.ย Traditionally,…
US Dollar Retreats Following Presidential Debate. Forecast as of 11.09.2024
Following the debate, markets appeared to favor Kamala Harris, which prompted a retreat in the US dollar. Investors are now focusing on the release of US inflation data and the…
Oil prices recover, driven by supply disruption fear from hurricane
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Wednesday, paring some of the previous day’s losses, as concerns about Hurricane Francine disrupting output in the U.S., the world’s…
Iran’s president visits Iraq on first foreign trip
DUBAI (Reuters) – Iranian President Masoud Pezeshkian headed for close ally Iraq on Wednesday, on his first official foreign trip, Iran’s semi-official ISNA news agency reported on Wednesday. Iraq hosts…
Gold prices rise, near record high in wake of fiery presidential debate
Investing.com– Gold prices rose in Asian trade on Wednesday and were close to record highs as a fiery debate between presidential candidates Kamala Harris and Donald Trump raised uncertainty over…
Asia FX firms, yen at 8-mth peak as dollar retreats after presidential debate
Investing.com– Most Asian currencies gained ground on Wednesday as the dollar retreated in the wake of a fiery U.S. presidential debate, with focus turning to key upcoming inflation data due…
Oil prices rebound on fears of supply disruption from tropical storm
By Yuka Obayashi TOKYO (Reuters) – Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand. Brent crude futures climbed 39…
Oil prices rise from near 3-year low with Francine impact, inventories in focus
Investing.com– Oil prices rose from a near three-year low in Asian trade on Wednesday as traders waited to gauge the impact of Hurricane Francine on production in the Gulf of…
