London’s high-end property market cools on worries about tax hit

LONDON (Reuters) – Demand for London’s most expensive homes cooled last month as high earners worried about the possibility of tax increases by Britain’s new centre-left government, a property data…

Investors turned more bearish on oil last week than ever

By Shariq Khan NEW YORK (Reuters) – Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing…

US dollar hits more than one-year low versus yen as market eyes aggressive Fed rate cut

By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal…

Oil prices climb on hurricane impact ahead of US rate decision

By Nicole Jao NEW YORK (Reuters) -Oil prices rose more than 1% on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset…

WTO chief Okonjo-Iweala seeks second term to complete ‘unfinished business’

By Emma Farge GENEVA (Reuters) – WTO Director-General Ngozi Okonjo-Iweala will seek another four-year term as head of the World Trade Organization following a broad Africa-led push to start the…

Gold Price Breakout Imminent? Key Bullish Signs

The gold market has shown signs of volatility throughout 2023, but a gold price breakout seems to be on the horizon. Investors have been watching the yellow metal’s movements closely,…

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) -The dollar was lower on Monday while the yen hit its highest level in more than a year, as market participants increasingly…

Exclusive-WTO chief Okonjo-Iweala tells Reuters she will seek second term

GENEVA (Reuters) – WTO Director-General Ngozi Okonjo-Iweala told Reuters on Monday that she will seek another four-year term as head of the World Trade Organization following a broad Africa-led push…

Oil prices climb ahead of US interest rate decision

By Robert Harvey LONDON (Reuters) -Oil prices rose about 2% on Monday as continuing disruption to U.S. Gulf oil infrastructure balanced persistent demand concerns after a fresh round of Chinese…

UBS cuts oil price forecasts for 2024-26

Investing.com — Analysts at UBS in a note dated Monday have revised down its oil price forecasts for the period 2024-2026, citing weaker global demand and a more stable supply…